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February 11, 2016 2:25 PM ET

Hotels, Restaurants and Leisure

Company Overview of Extended Stay America, Inc.

Company Overview

Extended Stay America, Inc. develops, owns, and operates hotels in the United States and Canada. As of December 31, 2014, the company had 682 hotels with approximately 76,000 rooms consisting of 632 hotels with approximately 69,600 rooms under the Extended Stay America brand; 3 hotels with 500 rooms under the Extended Stay Canada brand; and 47 hotels with approximately 5,900 rooms under the Crossland Economy Studios brand. It serves customers in the mid-priced extended stay segment. Extended Stay America, Inc. was founded in 1995 and is headquartered in Charlotte, North Carolina.

11525 North Community House Road

Suite 100

Charlotte, NC 28277

United States

Founded in 1995

4,000 Employees

Phone:

980-345-1600

Key Executives for Extended Stay America, Inc.

Chief Financial Officer
Age: 50
Total Annual Compensation: $550.0K
Executive Vice President of Pricing & Revenue Optimization
Age: 46
Total Annual Compensation: $381.4K
Chief Human Resources Officer and Executive Vice President
Age: 47
Total Annual Compensation: $289.0K
Chief Marketing Officer
Age: 47
Total Annual Compensation: $550.0K
Compensation as of Fiscal Year 2014.

Extended Stay America, Inc. Key Developments

Extended Stay America, Inc. Declares Special Cash Distribution, Payable on January 18, 2016

The Board of Directors of Extended Stay America, Inc. has declared a special cash distribution of $0.06 per share, payable to company’s common shareholders. The distributions, will be payable on January 18, 2016 to shareholders of record as of January 4, 2016.

Extended Stay America Partners with The Noerr Programs to Create the Official Hotel of Santa Claus

Extended Stay America announced an exclusive partnership with The Noerr Programs. Extended Stay America hotels was hand-selected by The Noerr Programs and Santa Claus himself, for its comfort and home-like conveniences, and named 'Santa's Official Hotel,' while he travels away from the North Pole in his seasonal tradition of listening to children's holiday dreams and wishes this season. During his time with the brand, Santa and Extended Stay America are partnering for multiple projects that will help ensure that guests and travelers experience a holiday season that is merry and bright. As his first order of business, Santa will serve as the brand's holiday Goodwill Ambassador -- in its latest 'Give Ho-Ho-Hope' campaign. Santa will help bring awareness to the brand's exclusive relationship with the American Cancer Society and the hotel room donation program Hotel Keys of Hope, which provides free and discounted rooms to cancer patients traveling for potentially lifesaving treatments. Encouraging travelers to spread a bit of holiday cheer, Santa Claus asks Extended Stay America guests to give hope through the brand's 'Hotel Keys of Hope,' Leave a Key Help Save a Life program. Guests can participate by leaving their room keys in designated collection boxes conveniently located in their 629 hotel lobbies. For every key left in the Hotel Keys of Hope collection box, Extended Stay America will donate $1 of hotel room value to the American Cancer Society Hope Lodge program.

Extended Stay America, Inc. Declares Dividend, Payable on November 24, 2015

Extended Stay America, Inc. announced that its board declared an unchanged dividend of $0.15 per share, payable on November 24, 2015 to shareholders of record as of November 10.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
December 10, 2015
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