Showing Results for tag: Extended Stay America
ESA boosts pipeline by 18 per cent in Q2
USA: Extended Stay America (ESA) has recorded revenues of $323.7 million in Q2 2019, while boosting its pipeline by nearly a fifth.
ESA tops out at Florida property
US: Extended Stay America has topped out at its latest extended stay hotel, in Gibsonton-Riverview, Florida.
ESA to sell up to 50 hotels by 2020
US: Extended Stay America is aiming to sell between 30 and 50 hotels by the end of 2019.
Uptown Suites opens eighth property
US: Uptown Suites has announced the official opening of its eighth extended stay property, Uptown Suites Denver Tech Center CO – Centennial.
Extended Stay America opens Houston property
US: Extended Stay America has announced the first franchise conversion in the brand’s history with the opening of the Extended Stay America Houston IAH Airport.
ESA breaks ground on Virginia franchise property
US: Extended Stay America has started construction on its first franchised new-build hotel in Colonial Heights, Virginia.
Sandpiper forms extended stay REIT
US: Sandpiper Cos, a developer and operator of extended stay hotels, has formed Sandpiper Lodging Trust, a privately held lodging REIT.
ESA plans latest Florida project
US: Extended Stay America (ESA) is planning to open a 124-key property on Interchange Boulevard in Ormond Beach, Florida.
ESA continues asset sale to franchise partners with Singerman deal
US: Extended Stay America and ESH Hospitality have sold 14 branded Extended Stay America hotels to a a subsidiary of Singerman Real Estate.
ESA breaks ground on first new property in more than 10 years
US: Extended Stay America has broken ground on a four-storey, 124-key hotel in Gibsonton, Florida.
Analysts predict slower quarterly sales for ESA
US: Wall Street brokerages expect Extended Stay America (ESA) to post sales of $288.41 million for the current quarter.
Extended Stay America sells 32 properties to franchise partners
US: Extended Stay America and ESH Hospitality have completed the sale of two portfolios totalling 32 branded Extended Stay America hotels.
Extended Stay America launches WORKS business travel program
US: Extended Stay America has launched WORKS, a “comprehensive business travel program composed of products and services".
Extended Stay America mulls real estate spin off
US: Extended Stay America CEO Jonathan Halkyard says the company is considering spinning off its real estate unit.
ESA to transfer listing to Nasdaq
US: Extended Stay America and its paired-share REIT, ESH Hospitality will transfer the listing of their shares from the New York Stock Exchange to Nasdaq.
ESA buys Rock Hill property
US: Extended Stay America has bought a property in Rick Hill, South Carolina.
Nicholson takes CFO role at ESA
US: Extended Stay America has appointed Brian T. Nicholson as chief financial officer.
Extended Stay America co-founder Huizenga dies
US: Wayne Huizenga, one of America’s most successful entrepreneurs, has died at the age of 80.
Three Wall Capital buys 25 properties from Extended Stay America
US: Extended Stay America and ESH Hospitality have announced the completed sale of 25 Extended Stay America hotels to an affiliate of Three Wall Capital LLC.
Ellen Keszler joins ESA board
US: Extended Stay America has announced that Ellen Keszler has been appointed to its board as an independent director.
Halkyard to succeed Lopez at Extended Stay America helm
US: ESA chief executive Gerry Lopez is to step down and serve as a senior adviser until March 18.
Demand outstripping supply in US extended stay market
US: Room rates are rising across the US extended stay sector due to demand outstripping supply, according to research from STR.
Extended Stay America finishes billion dollar renovation program
US: Extended Stay America (ESA) has announced the completion of the brand's largest ever renovation and improvement program.
Extended Stay America records 35 per cent rise in profits
US: Extended Stay America (ESA) has reported a 35.52 per cent in gross profits for Q1 2017.
ESH Hospitality to expand North America extended stay footprint
US: ESH Hospitality, which owns more than 620 hotels in North America, has revealed details of its “ESA 2.0” growth plan.
