Extended Stay America (STAY) Tops Q4 EPS by 6c
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Extended Stay America Announces Fourth Quarter and Full Year 2016 Results
February 28, 2017 6:45 AM EST- Net Income of $30.1 million and $163.4 million in the Fourth Quarter and Full Year, Respectively
- Comparable Hotel1 Adjusted EBITDA2 grows 16.5% to $142.5 million in the Fourth Quarter
- Comparable Hotel Adjusted EBITDA grows 7.2% to $615.7 million for the Full Year
- Comparable Hotel RevPAR grows 4.1% and 3.9% in the Fourth Quarter and Full Year, Respectively
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Extended Stay America, Inc. and ESH Hospitality, Inc. (NYSE: STAY) (together, the Company)Â today announced consolidated results for the quarter and year ended December 31, 2016.
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