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Extended Stay America Launches of IPO

CHARLOTTE, N.C.—Extended Stay America and ESH Hospitality Inc. (ESH REIT) announced that they have commenced an initial public offering of 28,250,000 paired shares, consisting...

Extended Stay America Expects IPO to Reach $500 Million

When Extended Stay America, owned by Blackstone Group, Centerbridge Partners LP and Paulson and Co., filed plans for an initial public offering back in...

Hilton Files for $1.25 Billion IPO

Blackstone Group announced that Hilton Worldwide has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of...

REITs and the Recovery

Last May, Tom Baltimore, president and CEO of RLJ Lodging Trust, and his management team were engrossed in some strategic thinking. Part of the...