Extended Stay America (STAY) Tops Q3 EPS by 8c, Revenues Beat

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Extended Stay America Announces Third Quarter 2020 Results

November 9, 2020 5:09 PM EST

- Net income of $31.5 million- Adjusted EBITDA1 of $112.7 million- Comparable system-wide RevPAR decrease of 14.7%- Hotel Operating Margin1 of 47.3%

CHARLOTTE, N.C., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ: STAY) (together, the Company) today announced consolidated results for the three and nine months ended September 30, 2020.   Third Quarter... More