Extended Stay America (STAY) Tops Q4 EPS by 2c
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February 23, 2016 6:50 AM EST
- Distribution of $0.17 per Paired Share -
CHARLOTTE, N.C.--(BUSINESS WIRE)--
Extended Stay America, Inc. (NYSE: STAY) and its subsidiary, ESH
Hospitality, Inc. today announced that their Boards of Directors have
declared a combined cash distribution of $0.17 per Paired Share for the
fourth quarter of 2015. This includes a distribution of $0.15 per share
payable to ESH Hospitality, Inc.s Class A and Class B common
shareholders and a distribution of $0.02 per share payable to Extended
Stay America, Inc.s common shareholders. These distributions will be
payable on March 22, 2016 to shareholders of record as of March 8,... More
February 23, 2016 6:50 AM EST
- Comparable Hotel1 RevPAR grows 6.0% and
6.1% in the Fourth Quarter and Full Year, Respectively -
- Comparable Hotel Adjusted EBITDA2 grows
4.2% and 8.5% in the Fourth Quarter and Full Year, Respectively -
- Completed sale of 53 economy extended stay hotels for $285.0
million -
- Provides 2016 Guidance -
- Increases Paired Share Repurchase Authorization to $200 million -
CHARLOTTE, N.C.--(BUSINESS WIRE)--
Extended Stay America, Inc. (NYSE: STAY) (the Company) today announced
consolidated results for the fourth quarter and year ended December 31,
2015.
... More
