Extended Stay America (STAY) Tops Q4 EPS by 14c, Revenues Beat

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Extended Stay America Announces Fourth Quarter and Full Year 2020 Results

February 25, 2021 4:25 PM EST

-  Net income of $65.7 million in the Fourth Quarter, $96.3 million for the Full Year 2020
-  Adjusted EBITDA1 of $89.3 million in the Fourth Quarter, $374.1 million for the Full Year 2020
-  Comparable system-wide RevPAR decrease of 9.4% in the Fourth Quarter, -15.0% for the Full Year 2020
-  Announces quarterly distribution of $0.09 per Paired Share
-  RevPAR Index increased 40% to 140 in the Fourth Quarter, +31.6% to 127 for the Full Year 20202

CHARLOTTE, N.C., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc.... More