On the Record · Extended Stay America

Extended Stay America acquisitions, on the record

The businesses Extended Stay America bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
a 107-room hotel under construction Word for word“In September 2018, we acquired a 107-room hotel under construction.” 10-K for 2018	acquisition	September 2018	—
a 115-room hotel Word for word“In May 2018, we acquired a 115-room hotel and converted it to an Extended Stay America-branded hotel.” 10-K for 2018	acquisition	May 2018	—
72 hotels sold in 2018 Word for word“The operating results of Comparable Hotels exclude the results of five hotels sold in 2017, 72 hotels sold in 2018 and two hotels acquired in 2018.” 10-K for 2018	divestiture	in 2018	—
our three Canadian hotels Word for word“During the year ended December 31, 2017, we recognized impairment charges of $25.2 million , $12.4 million of which related to the sale of our three Canadian hotels in May 2017.” 10-K for 2018	divestiture	May 2017	—
two hotels Word for word“During the year ended December 31, 2017 , we recognized an $11.9 million gain related to the sale of two hotels, which was partially offset by a $1.9 million loss related to the sale of our Canadian hotels in 2017.” 10-K for 2018	divestiture	2017	—
an operating hotel Word for word“This increase was partially offset by an increase in ESH REIT’s investment in property and equipment of $24.5 million, including hotel development in process, and the acquisition of an operating hotel for $12.7 million.” 10-K for 2018	acquisition	—	$12.7 million
Hotel acquisitions (May 2018, South Carolina, 1 hotel, 115 rooms) Word for word“Date Location Number of Hotels Number of Rooms Acquisition / New-Build May 2018 South Carolina 1 115 Acquisition September 2018 (1) South Carolina 1 107 Acquisition November 2019 Florida 1 121 Acquisition December 2019 Florida 1 124 New-Build December 2019 Arizona 1 136 New-Build (1) Hotel acquired was under construction and opened in the fourth quarter of 2018.” 10-K for 2019	acquisition	May 2018	—
Hotel acquisitions (September 2018, South Carolina, 1 hotel, 107 rooms) Word for word“Date Location Number of Hotels Number of Rooms Acquisition / New-Build May 2018 South Carolina 1 115 Acquisition September 2018 (1) South Carolina 1 107 Acquisition November 2019 Florida 1 121 Acquisition December 2019 Florida 1 124 New-Build December 2019 Arizona 1 136 New-Build (1) Hotel acquired was under construction and opened in the fourth quarter of 2018.” 10-K for 2019	acquisition	September 2018	—
Hotel acquisitions (November 2019, Florida, 1 hotel, 121 rooms) Word for word“Date Location Number of Hotels Number of Rooms Acquisition / New-Build May 2018 South Carolina 1 115 Acquisition September 2018 (1) South Carolina 1 107 Acquisition November 2019 Florida 1 121 Acquisition December 2019 Florida 1 124 New-Build December 2019 Arizona 1 136 New-Build (1) Hotel acquired was under construction and opened in the fourth quarter of 2018.” 10-K for 2019	acquisition	November 2019	—
Sale of Canadian hotels (three hotels) Word for word“During the year ended December 31, 2017, we recognized impairment charges of $25.2 million, $12.4 million of which related to the sale of our three Canadian hotels in May 2017.” 10-K for 2019	divestiture	May 2017	—
Sale of 72 hotels Word for word“We recorded impairment charges totaling $37.4 million related to 17 of the 72 sold hotels during the year ended December 31, 2018.” 10-K for 2019	divestiture	2018	—
Sale of two hotels Word for word“During the year ended December 31, 2017, we recognized an $11.9 million gain related to the sale of two hotels, partially offset by a $1.9 million loss related to the sale of our Canadian hotels.” 10-K for 2019	divestiture	2017	11.9 million gain
a hotel property in Northern California Word for word“For example, we recently completed a hotel disposition of one of our hotel properties in Northern California for $65.0 million.” 10-K for 2020	divestiture	—	$65.0 million
a 146-room hotel located in California Word for word“Hotel Disposition In November 2020, the Company disposed of a 146-room hotel located in California.” 10-K for 2020	divestiture	In November 2020	—
a 121-room operating hotel from Crestwood Suites of Lakeland, LLC Word for word“2019 Acquisition — On November 12, 2019, the Company acquired a 121 -room operating hotel from Crestwood Suites of Lakeland, LLC for $ 10.0 million.” 10-K for 2020	acquisition	On November 12, 2019	$ 10.0 million
a 115-room operating hotel from Legacy Rock Hill, LLC Word for word“2018 Acquisition — On May 30, 2018, the Company acquired a 115 -room operating hotel from Legacy Rock Hill, LLC for $ 13.0 million.” 10-K for 2020	acquisition	On May 30, 2018	$ 13.0 million

Deal filings since 2016

2021-06-16 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-06-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-05-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-03-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-02-25 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2020-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-05-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-05-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-05-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-04-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-12-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-11-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-09-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-09-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-09-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-03-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Extended Stay America’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.