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Extended Stay America Inc's Business Segments
Extended Stay America Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2021
Reportable Segments
3
Largest Segment
Owned Hotels
Total Revenue
$ 260
Regions Reported
-
Revenue Share by Reportable Segment - Q1 FY2021
- Owned Hotels98.8%
- Corporate and Unallocated7%
- Franchised and Managed0.8%
Revenue by Reportable Segment - Q1 FY2021
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Owned Hotels | $ 257 | 98.8% |
| Corporate and Unallocated | $ 18 | 7% |
| Franchised and Managed | $ 2 | 0.8% |
Revenue by Product & Service Category - Q1 FY2021
- Hotel99.3%
- Occupancy96.3%
- Other Hotel Revenues2.6%
- Hotel, Other2.6%
- Franchised and Managed1.2%
- Other Revenues from Franchised and Managed Properties0.7%
- Indirect Reimbursements0.6%
- Franchise Fees0.5%
- Franchise and Management Fees0.5%
- Direct Reimbursements0.1%
Revenue by Product & Service Category - Q1 FY2021
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Hotel | $ 258 | 99.3% |
| Occupancy | $ 250 | 96.3% |
| Other Hotel Revenues | $ 7 | 2.6% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Extended Stay America Inc
Extended Stay America Inc. is a hotel chain that specializes in offering long-term accommodation options for travelers. The company was founded in 1995 and operates more than 600 hotels across the United States, with a majority of them located in metropolitan areas.
Extended Stay America Inc. is known for providing affordable and convenient lodging options for individuals and families looking for comfortable living spaces while on extended travel. The company's hotels typically offer studio-style rooms with fully equipped kitchens, free Wi-Fi, and on-site laundry facilities, among other amenities.
The company caters to a variety of travelers, including business professionals, tourists, and those who are relocating or in between permanent homes. Offering spacious, well-equipped rooms at a reasonable price, Extended Stay America has become the go-to choice for travelers on longer trips.
Extended Stay America Inc. also offers a loyalty program for frequent guests, where they can accumulate rewards points that can be redeemed for free nights at any of the chain's locations. Additionally, the company has partnerships with popular travel reward programs such as Delta Airlines and Southwest Airlines, providing guests with additional opportunities to earn travel rewards.
In terms of sustainability, Extended Stay America Inc. has implemented several measures to reduce its environmental impact, such as eco-friendly cleaning practices and energy-efficient lighting and heating systems. The company also partners with Clean the World to recycle soap and shampoo products from its hotels to donate to communities in need around the world.
In conclusion, Extended Stay America Inc. is a trusted and reliable hotel chain that offers convenient and affordable accommodations for long-term stays. With a focus on customer satisfaction, loyalty rewards, and sustainability, this hotel chain has proven to be a popular choice for travelers across the United States.
Extended Stay America Inc. is known for providing affordable and convenient lodging options for individuals and families looking for comfortable living spaces while on extended travel. The company's hotels typically offer studio-style rooms with fully equipped kitchens, free Wi-Fi, and on-site laundry facilities, among other amenities.
The company caters to a variety of travelers, including business professionals, tourists, and those who are relocating or in between permanent homes. Offering spacious, well-equipped rooms at a reasonable price, Extended Stay America has become the go-to choice for travelers on longer trips.
Extended Stay America Inc. also offers a loyalty program for frequent guests, where they can accumulate rewards points that can be redeemed for free nights at any of the chain's locations. Additionally, the company has partnerships with popular travel reward programs such as Delta Airlines and Southwest Airlines, providing guests with additional opportunities to earn travel rewards.
In terms of sustainability, Extended Stay America Inc. has implemented several measures to reduce its environmental impact, such as eco-friendly cleaning practices and energy-efficient lighting and heating systems. The company also partners with Clean the World to recycle soap and shampoo products from its hotels to donate to communities in need around the world.
In conclusion, Extended Stay America Inc. is a trusted and reliable hotel chain that offers convenient and affordable accommodations for long-term stays. With a focus on customer satisfaction, loyalty rewards, and sustainability, this hotel chain has proven to be a popular choice for travelers across the United States.
Extended Stay America Inc. is a leading operator in the extended stay hotel segment in the United States, providing a unique offering tailored specifically for travelers looking for long-term accommodations. The companys approach is designed to meet the needs of both business and leisure travelers who require flexibility and comfort during their stays.
Segments
Extended Stay America Inc. operates in two primary segments:
1. Extended Stay Hotels:
This segment encompasses over 600 hotels strategically located across the United States, catering primarily to guests requiring accommodations for extended periods. Each property in this segment features:
- Fully Equipped Kitchens: Suites come with kitchenettes equipped with stovetops, microwaves, refrigerators, and ample cooking utensils, enabling guests to prepare their meals.
- Wireless Internet: Complimentary high-speed Wi-Fi is available throughout the hotels, facilitating seamless connectivity for personal and business use.
- Onsite Laundry Facilities: Guest laundry facilities allow travelers to manage their laundry without having to leave the property, enhancing convenience for long stays.
2. Third-Party Management:
In this segment, Extended Stay America Inc. provides management services for hotels owned by third parties. The services include:
- Ownership and Operation Management: Managing hotel operations to optimize performance and enhance guest satisfaction.
- Marketing and Franchising: Offering franchising opportunities and marketing services to support third-party hotel owners in maximizing their revenue potential.
Products
Extended Stay America Inc. has developed a range of products designed specifically to meet the needs of long-stay travelers, including:
1. Hotel Rooms:
- The company offers a variety of room types, including studio suites, deluxe studios, one-bedroom suites, and two-bedroom suites. Each suite is designed with comfort, featuring spacious living areas and dedicated workspaces.
2. Extended Stay America App:
- The mobile application enhances the guest experience by allowing users to manage reservations easily, access information about property amenities, request housekeeping services, and communicate directly with hotel staff for inquiries or assistance.
3. Amenities:
- Alongside free Wi-Fi and cable television with premium channels, hotels provide several additional amenities, such as spacious community areas, outdoor spaces, and business centers.
4. Pet-Friendly Accommodations:
- Recognizing that many guests travel with pets, Extended Stay America offers designated pet-friendly rooms, ensuring that guests can enjoy their stay with their furry companions.
5. Affordable Rates:
- The company provides competitive pricing, especially for long-term stays, with options for weekly and monthly rates that cater to budget-conscious travelers.
Services
To ensure a comfortable stay, Extended Stay America Inc. offers an array of services, including:
1. Housekeeping:
- The company provides weekly housekeeping services that include changing linens, replenishing towels, and cleaning the suites, allowing guests to enjoy a tidy environment without the hassle.
2. Front Desk Services:
- Front desk staff is available 24/7 to assist guests with check-in, check-out, and concierge services, ensuring that guests have the support they need at any time.
3. Laundry Services:
- Hotels are equipped with onsite laundry facilities that guests can utilize at their convenience, eliminating the need for external laundry services.
4. Fitness Facilities:
- Many locations feature fitness amenities, including gyms and outdoor pools, allowing guests to maintain their fitness routines while traveling.
5. Shuttle Services:
- Some properties offer shuttle services to nearby attractions, business centers, or airports, enhancing guest convenience during their stay.
Conclusion
Overall, Extended Stay America Inc. is committed to providing a comprehensive service for long-stay travelers. With fully equipped suites, numerous amenities, and professional services, the company is well-positioned to cater to the diverse needs of guests who require a home-away-from-home experience during their extended travels. This focus on comfort, convenience, and affordability has positioned Extended Stay America as a favored choice for those seeking long-term accommodations in the hospitality industry.
Segments
Extended Stay America Inc. operates in two primary segments:
1. Extended Stay Hotels:
This segment encompasses over 600 hotels strategically located across the United States, catering primarily to guests requiring accommodations for extended periods. Each property in this segment features:
- Fully Equipped Kitchens: Suites come with kitchenettes equipped with stovetops, microwaves, refrigerators, and ample cooking utensils, enabling guests to prepare their meals.
- Wireless Internet: Complimentary high-speed Wi-Fi is available throughout the hotels, facilitating seamless connectivity for personal and business use.
- Onsite Laundry Facilities: Guest laundry facilities allow travelers to manage their laundry without having to leave the property, enhancing convenience for long stays.
2. Third-Party Management:
In this segment, Extended Stay America Inc. provides management services for hotels owned by third parties. The services include:
- Ownership and Operation Management: Managing hotel operations to optimize performance and enhance guest satisfaction.
- Marketing and Franchising: Offering franchising opportunities and marketing services to support third-party hotel owners in maximizing their revenue potential.
Products
Extended Stay America Inc. has developed a range of products designed specifically to meet the needs of long-stay travelers, including:
1. Hotel Rooms:
- The company offers a variety of room types, including studio suites, deluxe studios, one-bedroom suites, and two-bedroom suites. Each suite is designed with comfort, featuring spacious living areas and dedicated workspaces.
2. Extended Stay America App:
- The mobile application enhances the guest experience by allowing users to manage reservations easily, access information about property amenities, request housekeeping services, and communicate directly with hotel staff for inquiries or assistance.
3. Amenities:
- Alongside free Wi-Fi and cable television with premium channels, hotels provide several additional amenities, such as spacious community areas, outdoor spaces, and business centers.
4. Pet-Friendly Accommodations:
- Recognizing that many guests travel with pets, Extended Stay America offers designated pet-friendly rooms, ensuring that guests can enjoy their stay with their furry companions.
5. Affordable Rates:
- The company provides competitive pricing, especially for long-term stays, with options for weekly and monthly rates that cater to budget-conscious travelers.
Services
To ensure a comfortable stay, Extended Stay America Inc. offers an array of services, including:
1. Housekeeping:
- The company provides weekly housekeeping services that include changing linens, replenishing towels, and cleaning the suites, allowing guests to enjoy a tidy environment without the hassle.
2. Front Desk Services:
- Front desk staff is available 24/7 to assist guests with check-in, check-out, and concierge services, ensuring that guests have the support they need at any time.
3. Laundry Services:
- Hotels are equipped with onsite laundry facilities that guests can utilize at their convenience, eliminating the need for external laundry services.
4. Fitness Facilities:
- Many locations feature fitness amenities, including gyms and outdoor pools, allowing guests to maintain their fitness routines while traveling.
5. Shuttle Services:
- Some properties offer shuttle services to nearby attractions, business centers, or airports, enhancing guest convenience during their stay.
Conclusion
Overall, Extended Stay America Inc. is committed to providing a comprehensive service for long-stay travelers. With fully equipped suites, numerous amenities, and professional services, the company is well-positioned to cater to the diverse needs of guests who require a home-away-from-home experience during their extended travels. This focus on comfort, convenience, and affordability has positioned Extended Stay America as a favored choice for those seeking long-term accommodations in the hospitality industry.