Extended Stay America, Inc. (STAY)

Travel and leisure stocks, pounded by fears of Covid-19 for nearly two years, may not fare much better in the first part of 2022.

Omicron is the name of the new Covid-19 variant identified by the World Health Organization and new travel restrictions are already going into effect.

In a growing travel trend, people are traveling more with their pets. Hilton is taking notice by making all of its extended stay brands pet-friendly by 2022.

Nation's Leading Extended Stay Hotel Company Launches Elevated Experience with 25 Properties Across the U.S. Nation's Leading Extended Stay Hotel Company Launches Elevated Experience with 25 Properties Across the U.S.

CHARLOTTE, N.C., June 16, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and, together with ESA, “Extended Stay” or the “Company”) (NASDAQ: STAY) today announced the completion of their previously announced acquisition by funds managed by Blackstone Real Estate Partners (“Blackstone”) and Starwood Capital Group for $20.50 per paired share in cash in a transaction valued at approximately $6 billion.

CHARLOTTE, N.C., June 11, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and, together with ESA, “Extended Stay” or the “Company”) (NASDAQ: STAY) today announced that preliminary results show holders of a majority of its shares have voted in favor of the previously announced amended merger agreement under which the company will be acquired by funds managed by Blackstone Real Estate Partners (“Blackstone”) and Starwood Capital for $20.50 per paired share in cash.

According to the Upcoming Special Dividends page, a Premium feature of GuruFocus, three stocks that are paying a one-time cash dividend during June are Capitol Federal Financial Inc. ( CFFN , Financial), Extended Stay America Inc. ( STAY , Financial)and Waterstone Financial Inc. ( WSBF , Financial).

NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today released an open letter to shareholders of Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”) encouraging them to continue to oppose the Company's proposed sale to Blackstone Real Estate Partners and Starwood Capital Group (the “Sale”). Tarsadia also noted that independent proxy advisor Glass, Lewis & Co. reiterated its recommendation that shar

Proxy Advisor Reverses Previous Position, Recommends Increased $20.50 Per Paired Share Merger Price Proxy Advisor Reverses Previous Position, Recommends Increased $20.50 Per Paired Share Merger Price

Amid the current market correction, we have shortlisted five stocks from the relevant sectors, ONEW, VSTO, STAY, ASO, AXL.

NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today commented on the updated offer from Blackstone Real Estate Partners and Starwood Capital Group to acquire Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”). Tarsadia continues to urge shareholders to Vote Against the proposed sale (the “Sale”) on the GOLD card at the Special Meeting scheduled for June 8, 2021. Tarsadia issued the following stateme

NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended that Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”), shareholders VOTE AGAINST the proposed sale of the Company to Blackstone Real Estate Partners and Starwood Capital Group (the “Sale”) at the Special Meeting scheduled for Jun

Urges Shareholders to Vote on June 8 “FOR” the Sale on the WHITE Company Proxy Card Urges Shareholders to Vote on June 8 “FOR” the Sale on the WHITE Company Proxy Card

New Letter to Shareholders Provides Comprehensive Discussion of the Transaction Rationale and the Immediate, Certain and Compelling $19.50 Per Paired Share Cash Value

Extended Stay's (STAY) first-quarter 2021 performance is hurt by dismal RevPAR and increased hotel operating expenses.

Extended Stay America (STAY) delivered earnings and revenue surprises of 500.00% and 2.57%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?