ESH Hospitality 10-Q 10 May 21 2021 Q1 Quarterly report Financial data

COVER PAGE

COVER PAGE - shares	3 Months Ended
	Mar. 31, 2021	May 06, 2021
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
Document Transition Report	false
Entity File Number	001-36190
Entity Registrant Name	Extended Stay America, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	46-3140312
Entity Address, Address Line One	11525 N. Community House Road, Suite 100
Entity Address, City or Town	Charlotte
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28277
City Area Code	980
Local Phone Number	345-1600
Title of 12(b) Security	Common Stock, par value $0.01 per share, of Extended Stay America, Inc.
Trading Symbol	STAY
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		177,730,773
Amendment Flag	false
Entity Central Index Key	0001581164
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
ESH Hospitality, Inc.
Document Information [Line Items]
Entity File Number	001-36191
Entity Registrant Name	ESH Hospitality, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	27-3559821
Entity Address, Address Line One	11525 N. Community House Road, Suite 100
Entity Address, City or Town	Charlotte
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28277
City Area Code	980
Local Phone Number	345-1600
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Entity Central Index Key	0001507563
Current Fiscal Year End Date	--12-31
Class B common stock | ESH Hospitality, Inc.
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		177,730,773
Class A common stock | ESH Hospitality, Inc.
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		250,493,583

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
ASSETS
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,571,171 and $1,541,986	$ 3,414,487	$ 3,445,955
RESTRICTED CASH	13,152	13,151
CASH AND CASH EQUIVALENTS	357,857	396,770
INTANGIBLE ASSETS - Net of accumulated amortization of $16,412 and $15,715	35,014	34,093
GOODWILL	44,921	45,055
ACCOUNTS RECEIVABLE - Net of allowance for credit losses of $8,668 and $7,963	14,032	13,709
OTHER ASSETS	140,885	140,416
TOTAL ASSETS	4,020,348	4,089,149
LIABILITIES:
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $8,946 and $9,355	612,499	613,667
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $28,335 and $29,810	2,021,665	2,020,190
Revolving credit facility	9,765	49,765
Finance lease liabilities	3,611	3,668
Deferred tax liabilities	8,835	11,218
Accounts payable and accrued liabilities	229,318	253,198
Total liabilities	2,885,693	2,951,706
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY:
Common stock - $0.01 par value, 3,500,000,000 shares authorized, 177,730,773 and 177,560,635 shares issued and outstanding	1,778	1,776
Additional paid in capital	726,070	725,865
Accumulated deficit	(42,729)	(44,664)
Accumulated other comprehensive loss	(95)	(206)
Total Extended Stay America, Inc. shareholders’ equity	685,024	682,771
Noncontrolling interests	449,631	454,672
Total equity	1,134,655	1,137,443
TOTAL LIABILITIES AND EQUITY	$ 4,020,348	$ 4,089,149

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Entity Information [Line Items]
Accumulated depreciation	$ 1,571,171	$ 1,541,986
Accumulated amortization of intangible assets	16,412	15,715
Allowance for credit loss	8,668	7,963
Unamortized deferred financing costs	$ 32,721	$ 34,376
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	3,500,000,000	3,500,000,000
Common stock, shares issued (shares)	177,730,773	177,560,635
Common stock, shares outstanding (shares)	177,730,773	177,560,635
Term Loan Facility
Entity Information [Line Items]
Unamortized deferred financing costs	$ 8,946	$ 9,355
ESH REIT 2025 Notes
Entity Information [Line Items]
Unamortized deferred financing costs	$ 28,335	$ 29,810

CONDENSED CONSOLIDATED BALANC_3

CONDENSED CONSOLIDATED BALANCE SHEETS - REIT (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
ASSETS
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,569,166 and $1,540,358	$ 3,414,487	$ 3,445,955
CASH AND CASH EQUIVALENTS	357,857	396,770
INTANGIBLE ASSETS - Net of accumulated amortization of $2,312 and $2,005	35,014	34,093
GOODWILL	44,921	45,055
OTHER ASSETS	140,885	140,416
TOTAL ASSETS	4,020,348	4,089,149
LIABILITIES:
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $___ and $9,355	612,499	613,667
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $28,335 and $29,810	2,021,665	2,020,190
Finance lease liabilities	3,611	3,668
Accounts payable and accrued liabilities	229,318	253,198
Total liabilities	2,885,693	2,951,706
COMMITMENTS AND CONTINGENCIES (Note 11)
EQUITY:
Common stock - Class A: $0.01 par value, 4,300,000,000 shares authorized, 250,493,583 shares issued and outstanding; Class B: $0.01 par value, 7,800,000,000 shares authorized, 177,730,773 and 177,560,635 shares issued and outstanding	1,778	1,776
Additional paid in capital	726,070	725,865
Retained earnings	(42,729)	(44,664)
Accumulated other comprehensive loss	(95)	(206)
Total equity	1,134,655	1,137,443
TOTAL LIABILITIES AND EQUITY	4,020,348	4,089,149
ESH Hospitality, Inc.
ASSETS
PROPERTY AND EQUIPMENT - Net of accumulated depreciation of $1,569,166 and $1,540,358	3,430,051	3,461,212
CASH AND CASH EQUIVALENTS	287,989	375,715
RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC. (Note 10)	11,108	3,941
DEFERRED RENTS RECEIVABLE FROM EXTENDED STAY AMERICA, INC. (Note 10)	38,536	39,135
INTANGIBLE ASSETS - Net of accumulated amortization of $2,312 and $2,005	8,285	8,541
GOODWILL	43,748	43,878
OTHER ASSETS	19,143	18,695
TOTAL ASSETS	3,838,860	3,951,117
LIABILITIES:
Term loan facility payable - Net of unamortized deferred financing costs and debt discount of $___ and $9,355	612,499	613,667
Senior notes payable - Net of unamortized deferred financing costs and debt discount of $28,335 and $29,810	2,021,665	2,020,190
Finance lease liabilities	3,611	3,668
Unearned rental revenues from Extended Stay America, Inc. (Note 10)	23,743	0
Due to Extended Stay America, Inc., net (Note 10)	5,405	92,791
Accounts payable and accrued liabilities	89,190	125,519
Total liabilities	2,756,113	2,855,835
COMMITMENTS AND CONTINGENCIES (Note 11)
EQUITY:
Common stock - Class A: $0.01 par value, 4,300,000,000 shares authorized, 250,493,583 shares issued and outstanding; Class B: $0.01 par value, 7,800,000,000 shares authorized, 177,730,773 and 177,560,635 shares issued and outstanding	4,283	4,281
Additional paid in capital	1,053,075	1,052,379
Preferred stock—no par value, $1,000 liquidation value, 125 shares authorized, issued and outstanding	73	73
Retained earnings	25,584	39,075
Accumulated other comprehensive loss	(268)	(526)
Total equity	1,082,747	1,095,282
TOTAL LIABILITIES AND EQUITY	$ 3,838,860	$ 3,951,117

CONDENSED CONSOLIDATED BALANC_4

CONDENSED CONSOLIDATED BALANCE SHEETS - REIT (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Accumulated depreciation	$ 1,571,171	$ 1,541,986
Accumulated amortization of intangible assets	$ 16,412	$ 15,715
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	3,500,000,000	3,500,000,000
Common stock, shares issued (shares)	177,730,773	177,560,635
Common stock, shares outstanding (shares)	177,730,773	177,560,635
Class B common stock
Common stock, par value (dollars per share)	$ 0.01
Common stock, shares issued (shares)	1
ESH Hospitality, Inc.
Accumulated depreciation	$ 1,569,166	$ 1,540,358
Accumulated amortization of intangible assets	$ 2,312	$ 2,005
Common stock, par value (dollars per share)	$ 0.01
Common stock, shares issued (shares)	1
Preferred stock, liquidation value (dollars per share)	$ 1,000	$ 1,000
Preferred stock, authorized (shares)	125	125
Preferred stock, issued (shares)	125	125
Preferred stock, outstanding (shares)	125	125
ESH Hospitality, Inc. | Class A common stock
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	4,300,000,000	4,300,000,000
Common stock, shares issued (shares)	250,493,583	250,493,583
Common stock, shares outstanding (shares)	250,493,583	250,493,583
ESH Hospitality, Inc. | Class B common stock
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	7,800,000,000	7,800,000,000
Common stock, shares issued (shares)	177,730,773	177,560,635
Common stock, shares outstanding (shares)	177,730,773	177,560,635
Term Loan Facility | ESH Hospitality, Inc.
Unamortized deferred financing costs and debt discount	$ 8,946	$ 9,355
Senior Notes Payable | ESH Hospitality, Inc.
Unamortized deferred financing costs and debt discount	$ 28,335	$ 29,810

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
REVENUES:
Total revenues	$ 259,571	$ 266,301
OPERATING EXPENSES:
General and administrative expenses	24,124	23,938
Depreciation and amortization	49,408	50,520
Merger transaction expenses	4,782	0
Total hotel expenses	224,652	219,753
Total operating expenses	227,096	223,960
GAIN ON SALE OF HOTEL PROPERTIES (Note 4)	12,018	0
OTHER INCOME	1	2
INCOME FROM OPERATIONS	44,494	42,343
OTHER NON-OPERATING (INCOME) EXPENSE	(84)	703
INTEREST EXPENSE, NET	31,462	32,685
INCOME BEFORE INCOME TAX EXPENSE	13,116	8,955
INCOME TAX EXPENSE	750	1,110
NET INCOME	12,366	7,845
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	(10,445)	(3,291)
NET INCOME ATTRIBUTABLE TO EXTENDED STAY AMERICA, INC. COMMON SHAREHOLDERS	$ 1,921	$ 4,554
NET INCOME PER EXTENDED STAY AMERICA, INC. COMMON SHARE:
Basic (dollars per share)	$ 0.01	$ 0.03
Diluted (dollars per share)	$ 0.01	$ 0.03
WEIGHTED-AVERAGE EXTENDED STAY AMERICA, INC. COMMON SHARES OUTSTANDING:
Basic (shares)	177,827	177,990
Diluted (shares)	178,549	178,171
Room revenues
REVENUES:
Total revenues	$ 249,868	$ 254,464
Other hotel revenues
REVENUES:
Total revenues	6,680	6,768
Franchise and management fees
REVENUES:
Total revenues	1,218	1,279
OPERATING EXPENSES:
Hotel operating expenses	2,444	4,207
Hotel operating expenses
REVENUES:
Total revenues	257,766	262,511
OPERATING EXPENSES:
Hotel operating expenses	146,338	145,295
Other revenues from franchised and managed properties
REVENUES:
Total revenues	1,805	3,790
OPERATING EXPENSES:
INCOME FROM OPERATIONS	$ (639)	$ (417)

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - REIT (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
OPERATING EXPENSES:
General and administrative expenses	$ 24,124	$ 23,938
Depreciation and amortization	49,408	50,520
Merger transaction expenses	4,782	0
Total operating expenses	227,096	223,960
GAIN ON SALE OF HOTEL PROPERTIES (Note 4)	12,018	0
INCOME FROM OPERATIONS	44,494	42,343
OTHER NON-OPERATING (INCOME) EXPENSE	(84)	703
INTEREST EXPENSE, NET	31,462	32,685
INCOME BEFORE INCOME TAX EXPENSE	13,116	8,955
INCOME TAX EXPENSE	750	1,110
NET INCOME	$ 12,366	$ 7,845
NET INCOME PER ESH HOSPITALITY, INC. COMMON SHARE:
Basic (dollars per share)	$ 0.01	$ 0.03
Diluted (dollars per share)	$ 0.01	$ 0.03
WEIGHTED-AVERAGE ESH HOSPITALITY, INC. COMMON SHARES OUTSTANDING:
Basic (shares)	177,827	177,990
Diluted (shares)	178,549	178,171
ESH REIT
OPERATING EXPENSES:
GAIN ON SALE OF HOTEL PROPERTIES (Note 4)	$ 11,930	$ 0
ESH Hospitality, Inc.
REVENUES:
REVENUES - Rental revenues from Extended Stay America, Inc. (Note 10)	120,392	119,190
OPERATING EXPENSES:
Hotel operating expenses	21,405	24,527
General and administrative expenses	3,960	4,167
Depreciation and amortization	48,381	49,588
Merger transaction expenses	2,373	0
Total operating expenses	76,119	78,282
GAIN ON SALE OF HOTEL PROPERTIES (Note 4)	11,930	0
INCOME FROM OPERATIONS	56,203	40,908
OTHER NON-OPERATING (INCOME) EXPENSE	(84)	560
INTEREST EXPENSE, NET	31,135	32,428
INCOME BEFORE INCOME TAX EXPENSE	25,152	7,920
INCOME TAX EXPENSE	2	2
NET INCOME	$ 25,150	$ 7,918
Class A common stock | ESH Hospitality, Inc.
NET INCOME PER ESH HOSPITALITY, INC. COMMON SHARE:
Basic (dollars per share)	$ 0.06	$ 0.02
Diluted (dollars per share)	$ 0.06	$ 0.02
WEIGHTED-AVERAGE ESH HOSPITALITY, INC. COMMON SHARES OUTSTANDING:
Basic (shares)	250,494	250,494
Diluted (shares)	250,494	250,494
Class B common stock | ESH Hospitality, Inc.
NET INCOME PER ESH HOSPITALITY, INC. COMMON SHARE:
Basic (dollars per share)	$ 0.06	$ 0.02
Diluted (dollars per share)	$ 0.06	$ 0.02
WEIGHTED-AVERAGE ESH HOSPITALITY, INC. COMMON SHARES OUTSTANDING:
Basic (shares)	177,827	177,990
Diluted (shares)	178,549	178,171

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 12,366	$ 7,845
DERIVATIVE ADJUSTMENT:
INTEREST RATE CASH FLOW HEDGE GAIN (LOSS), NET OF TAX OF $40 and $(307)	218	(1,747)
COMPREHENSIVE INCOME	12,584	6,098
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	(10,552)	(2,439)
COMPREHENSIVE INCOME ATTRIBUTABLE TO EXTENDED STAY AMERICA, INC. COMMON SHAREHOLDERS	$ 2,032	$ 3,659

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
Derivatives qualifying as hedges, tax	$ 40	$ (307)

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - REIT (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
NET INCOME	$ 12,366,000	$ 7,845,000
OTHER COMPREHENSIVE INCOME:
INTEREST RATE CASH FLOW HEDGE GAIN (LOSS), NET OF TAX OF $0 and $1	218,000	(1,747,000)
COMPREHENSIVE INCOME	12,584,000	6,098,000
ESH Hospitality, Inc.
NET INCOME	25,150,000	7,918,000
OTHER COMPREHENSIVE INCOME:
INTEREST RATE CASH FLOW HEDGE GAIN (LOSS), NET OF TAX OF $0 and $1	258,000	(2,054,000)
COMPREHENSIVE INCOME	$ 25,408,000	$ 5,864,000

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - REIT (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Entity Information [Line Items]
Derivatives qualifying as hedges, tax	$ 40	$ (307)
ESH Hospitality, Inc.
Entity Information [Line Items]
Derivatives qualifying as hedges, tax	$ 0	$ 1

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)	Total Extended Stay America, Inc. Shareholders’ Equity	Noncontrolling Interests
Beginning balance (shares) at Dec. 31, 2019		179,483
Beginning balance at Dec. 31, 2019	$ 1,176,270	$ 1,795	$ 742,397	$ (48,283)	$ 383	$ 696,292	$ 479,978
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	7,845			4,554		4,554	3,291
Interest rate cash flow hedge loss, net of tax	(1,747)				(895)	(895)	(852)
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares) (in shares)		(2,237)
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares)	(31,093)	$ (22)		(19,665)		(19,687)	(11,406)
Corporation common distributions	(15,981)		(15,981)			(15,981)
ESH REIT common distributions - Class B common share	(24,842)						(24,842)
ESH REIT preferred distributions	(4)						(4)
Adjustment to reflect changes in book value of noncontrolling interests	0		(3,319)			(3,319)	3,319
Equity-based compensation (shares)		220
APIC, Share-based Payment Arrangement, Recognition and Exercise	436	$ 2	188			190	246
Ending balance (shares) at Mar. 31, 2020		177,466
Ending balance at Mar. 31, 2020	1,110,884	$ 1,775	723,285	(63,394)	(512)	661,154	449,730
Beginning balance (shares) at Dec. 31, 2020		177,561
Beginning balance at Dec. 31, 2020	1,137,443	$ 1,776	725,865	(44,664)	(206)	682,771	454,672
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	12,366			1,921		1,921	10,445
Interest rate cash flow hedge loss, net of tax	218				111	111	107
ESH REIT common distributions - Class B common share	(16,092)						(16,092)
ESH REIT preferred distributions	(4)						(4)
Adjustment to reflect changes in book value of noncontrolling interests	0		(330)			(330)	330
Equity-based compensation (shares)		170
APIC, Share-based Payment Arrangement, Recognition and Exercise	724	$ 2	535	14		551	173
Ending balance (shares) at Mar. 31, 2021		177,731
Ending balance at Mar. 31, 2021	$ 1,134,655	$ 1,778	$ 726,070	$ (42,729)	$ (95)	$ 685,024	$ 449,631

CONDENSED CONSOLIDATED STATEM_8

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Entity Information [Line Items]
Common distributions, per common share (dollars per share)		$ 0.09
Class B common stock
Entity Information [Line Items]
Common distributions, per common share (dollars per share)	$ 0.09	$ 0.14

CONDENSED CONSOLIDATED STATEM_9

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - REIT (Unaudited) - USD ($) $ in Thousands	Total	ESH Hospitality, Inc.	Common Stock	Common StockESH Hospitality, Inc.	Common StockClass A common stockESH Hospitality, Inc.	Common StockClass B common stockESH Hospitality, Inc.	Preferred StockESH Hospitality, Inc.	Additional Paid in Capital	Additional Paid in CapitalESH Hospitality, Inc.	Retained Earnings	Retained EarningsESH Hospitality, Inc.	Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss)ESH Hospitality, Inc.
Beginning balance (shares) at Dec. 31, 2019			179,483,000		250,494,000	179,483,000
Beginning balance at Dec. 31, 2019	$ 1,176,270	$ 1,149,367	$ 1,795	$ 4,300			$ 73	$ 742,397	$ 1,050,740	$ (48,283)	$ 93,424	$ 383	$ 830
Beginning balance, preferred shares (shares) at Dec. 31, 2019							125
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	7,845	7,918								4,554	7,918
Interest rate cash flow hedge loss, net of tax		(2,054)											(2,054)
Repurchase of Class B common stock (in shares)			(2,237,000)			(2,237,000)
Repurchase of Class B common stock	(31,093)	(11,406)	$ (22)	(22)						(19,665)	(11,384)
Corporation common distributions	(15,981)	(59,911)						(15,981)			(59,911)
Preferred distributions	(4)	(4)									(4)
Equity-based compensation (shares)			220,000			220,000
APIC, Share-based Payment Arrangement, Recognition and Exercise	436	338	$ 2	2				188	336
Ending balance (shares) at Mar. 31, 2020			177,466,000		250,494,000	177,466,000
Ending balance at Mar. 31, 2020	1,110,884	1,084,248	$ 1,775	4,280			$ 73	723,285	1,051,076	(63,394)	30,043	(512)	(1,224)
Ending balance, preferred shares (shares) at Mar. 31, 2020							125
Beginning balance (shares) at Dec. 31, 2020			177,561,000		250,494,000	177,561,000
Beginning balance at Dec. 31, 2020	1,137,443	$ 1,095,282	$ 1,776	4,281			$ 73	725,865	1,052,379	(44,664)	39,075	(206)	(526)
Beginning balance, preferred shares (shares) at Dec. 31, 2020		125					125
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	12,366	$ 25,150								1,921	25,150
Interest rate cash flow hedge loss, net of tax		258											258
Corporation common distributions		(38,637)									(38,637)
Preferred distributions	(4)	(4)									(4)
Equity-based compensation (shares)			170,000			170,000
APIC, Share-based Payment Arrangement, Recognition and Exercise	724	698	$ 2	2				535	696	14
Ending balance (shares) at Mar. 31, 2021			177,731,000		250,494,000	177,731,000
Ending balance at Mar. 31, 2021	$ 1,134,655	$ 1,082,747	$ 1,778	$ 4,283			$ 73	$ 726,070	$ 1,053,075	$ (42,729)	$ 25,584	$ (95)	$ (268)
Ending balance, preferred shares (shares) at Mar. 31, 2021		125					125

CONDENSED CONSOLIDATED STATE_10

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - REIT (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Common distributions, per common share (dollars per share)		$ 0.09
Class A common stock | ESH Hospitality, Inc.
Common distributions, per common share (dollars per share)	$ 0.09	0.14
Class B common stock
Common distributions, per common share (dollars per share)	0.09	0.14
Class B common stock | ESH Hospitality, Inc.
Common distributions, per common share (dollars per share)	$ 0.09	$ 0.14

CONDENSED CONSOLIDATED STATE_11

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)
OPERATING ACTIVITIES:
Net income	$ 12,366	$ 7,845
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	49,408	50,520
Foreign currency transaction (gain) loss	(84)	703
Amortization of deferred financing costs and debt discount	2,058	2,052
Loss on disposal of property and equipment	1,232	3,343
Gain on sale of hotel properties	(12,018)	0
Equity-based compensation	2,348	1,126
Deferred income tax benefit	(2,423)	(3,122)
Changes in assets and liabilities:
Accounts receivable, net	(323)	(1,407)
Other assets	57	1,760
Accounts payable and accrued liabilities	38,725	29,465
Net cash provided by operating activities	91,346	92,285
INVESTING ACTIVITIES:
Purchases of property and equipment	(22,549)	(34,452)
Development in process payments	(6,246)	(19,769)
Payment for intangible assets	(1,641)	(358)
Proceeds from sale of hotel properties	21,867	0
Proceeds from insurance and related recoveries	56	956
Net cash used in investing activities	(8,513)	(53,623)
FINANCING ACTIVITIES:
Principal payments on term loan facility	(1,577)	(1,577)
Proceeds from revolving credit facilities	0	399,765
Payments on revolving credit facilities	(40,000)	0
Payments of deferred financing costs	0	(17)
Principal payments on finance leases	(38)	(37)
Tax withholdings related to restricted stock unit settlements	(1,638)	(815)
Repurchase of Corporation common stock and ESH REIT Class B common stock (Paired Shares)	0	(31,093)
Corporation common distributions	(91)	(16,177)
ESH REIT common distributions	(78,401)	(25,222)
Net cash (used in) provided by financing activities	(121,745)	324,827
CHANGES IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH DUE TO CHANGES IN FOREIGN CURRENCY EXCHANGE RATES	0	(150)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(38,912)	363,339
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - Beginning of period	409,921	361,670
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - End of period	371,009	725,009
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash payments for interest, excluding prepayment and other penalties, net of capitalized interest of $430 and $859	3,611	5,455
Cash payments (refunds) for income taxes, net of refunds of $152 and $18	359	(18)
Operating cash payments for finance leases	56	59
Operating cash payments for operating leases	735	714
NONCASH INVESTING AND FINANCING ACTIVITIES:
Capital expenditures included in accounts payable and accrued liabilities	13,239	22,400
Additions to finance lease right-of-use assets and liabilities	0	364
Corporation common distributions included in accounts payable and accrued liabilities	107	238
ESH REIT
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on sale of hotel properties	(11,930)	0
NONCASH INVESTING AND FINANCING ACTIVITIES:
ESH REIT common distributions included in accounts payable and accrued liabilities	$ 725	$ 387

CONDENSED CONSOLIDATED STATE_12

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Cash Flows [Abstract]
Interest costs capitalized	$ 430	$ 859
Proceeds from income tax refunds	$ 152	$ 18

CONDENSED CONSOLIDATED STATE_13

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - REIT (Unaudited) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)
OPERATING ACTIVITIES:
Net income	$ 12,366	$ 7,845
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	49,408	50,520
Foreign currency transaction (gain) loss	(84)	703
Amortization of deferred financing costs and debt discount	2,058	2,052
Loss on disposal of property and equipment	1,232	3,343
Gain on sale of hotel properties	(12,018)	0
Equity-based compensation	2,348	1,126
Changes in assets and liabilities:
Other assets	57	1,760
Accounts payable and accrued liabilities	38,725	29,465
Net cash provided by operating activities	91,346	92,285
INVESTING ACTIVITIES:
Development in process payments	(6,246)	(19,769)
Payment for intangible assets	(1,641)	(358)
Proceeds from sale of hotel properties	21,867	0
Proceeds from insurance and related recoveries	56	956
Net cash used in investing activities	(8,513)	(53,623)
FINANCING ACTIVITIES:
Principal payments on term loan facility	(1,577)	(1,577)
Proceeds from revolving credit facilities	0	399,765
Payments of deferred financing costs	0	(17)
Principal payments on finance leases	(38)	(37)
Repurchase of Class B common stock	0	(31,093)
Common distributions	(91)	(16,177)
Net cash (used in) provided by financing activities	(121,745)	324,827
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(38,912)	363,339
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - Beginning of period	409,921	361,670
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - End of period	371,009	725,009
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash payments for interest, excluding prepayment and other penalties, net of capitalized interest of $430 and $859	3,611	5,455
Cash payments (refunds) for income taxes, net of refunds of $10 and $18	359	(18)
Operating cash payments for finance leases	56	59
Operating cash payments for operating leases	735	714
NONCASH INVESTING AND FINANCING ACTIVITIES:
Capital expenditures included in due to/from Extended Stay America, Inc. and accounts payable and accrued liabilities	13,239	22,400
Additions to finance lease right-of-use assets and liabilities	0	364
Common distributions included in accounts payable and accrued liabilities	107	238
ESH Hospitality, Inc.
OPERATING ACTIVITIES:
Net income	25,150	7,918
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	48,381	49,588
Foreign currency transaction (gain) loss	(84)	560
Amortization of deferred financing costs and debt discount	2,023	2,022
Loss on disposal of property and equipment	1,232	3,343
Gain on sale of hotel properties	(11,930)	0
Equity-based compensation	117	134
Changes in assets and liabilities:
Deferred rents payable (receivable) from Extended Stay America, Inc.	508	(2,512)
Due to Extended Stay America, Inc., net	(166)	(1,588)
Other assets	112	(798)
Unearned rental revenues/rents receivable from Extended Stay America, Inc., net	16,576	20,159
Accounts payable and accrued liabilities	26,236	29,469
Net cash provided by operating activities	108,155	108,295
INVESTING ACTIVITIES:
Purchases of property and equipment	(22,222)	(33,786)
Development in process payments	(6,246)	(19,769)
Payment for intangible assets	(137)	(358)
Proceeds from sale of hotel properties	21,867	0
Proceeds from insurance and related recoveries	56	956
Net cash used in investing activities	(6,682)	(52,957)
FINANCING ACTIVITIES:
Principal payments on term loan facility	(1,577)	(1,577)
Proceeds from revolving credit facilities	0	350,000
Payments of deferred financing costs	0	(11)
Principal payments on finance leases	(38)	(37)
Repurchase of Class B common stock	0	(11,406)
Issuance of Class B common stock related to issuance of Paired Shares	1,034	737
Common distributions	(188,618)	(60,291)
Net cash (used in) provided by financing activities	(189,199)	277,415
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(87,726)	332,753
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - Beginning of period	375,715	296,134
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - End of period	287,989	628,887
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash payments for interest, excluding prepayment and other penalties, net of capitalized interest of $430 and $859	3,412	5,239
Cash payments (refunds) for income taxes, net of refunds of $10 and $18	1	(18)
Operating cash payments for finance leases	56	59
Operating cash payments for operating leases	196	189
NONCASH INVESTING AND FINANCING ACTIVITIES:
Capital expenditures included in due to/from Extended Stay America, Inc. and accounts payable and accrued liabilities	12,504	21,873
Additions to finance lease right-of-use assets and liabilities	0	364
Common distributions included in accounts payable and accrued liabilities	725	387
Net receivable (payable) related to RSUs not yet settled or issued included in due to/from Extended Stay America, Inc.	$ 235	$ (230)

CONDENSED CONSOLIDATED STATE_14

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - REIT (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Entity Information [Line Items]
Interest costs capitalized	$ 430	$ 859
Proceeds from income tax refunds	152	18
ESH Hospitality, Inc.
Entity Information [Line Items]
Interest costs capitalized	430	859
Proceeds from income tax refunds	$ 10	$ 18

BUSINESS, ORGANIZATION AND BASI

BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION	3 Months Ended
	Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION	BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION Extended Stay America, Inc. (the “Corporation”) was incorporated in the state of Delaware on July 8, 2013. ESH Hospitality, Inc. (“ESH REIT”) was formed as a limited liability company in the state of Delaware on September 16, 2010 and was converted to a corporation on November 5, 2013. The Corporation owns all of the issued and outstanding Class A common stock of ESH REIT, which, as of March 31, 2021, represents 58% of the outstanding common stock of ESH REIT. Due to its controlling interest in ESH REIT, the Corporation consolidates the financial position, results of operations, comprehensive income and cash flows of ESH REIT. The term, “the Company,” as used herein refers to the Corporation and its consolidated subsidiaries, including ESH REIT. A “Paired Share” consists of one share of common stock, par value $0.01 per share, of the Corporation, that is attached to and trades as a single unit with one share of Class B common stock, par value $0.01 per share, of ESH REIT. Each outstanding share of Corporation common stock is attached to and trades with one share of ESH REIT Class B common stock. The Company is an integrated owner/operator of Extended Stay America-branded hotels and is also engaged in franchising, and in certain cases managing, extended stay hotels for third parties in the U.S. As of March 31, 2021 and 2020, the Company owned and operated 563 and 558 hotel properties, respectively, in 40 U.S. states, consisting of approximately 62,700 and 62,100 rooms, respectively, and franchised 88 and 74 hotel properties for third parties, respectively, consisting of approximately 9,000 and 7,600 rooms, respectively. As of March 31, 2021, all 651 system-wide hotels were operated under the Extended Stay America brand. Owned hotel properties are owned by subsidiaries of ESH REIT and are operated by subsidiaries of the Corporation (the “Operating Lessees”) pursuant to leases between ESH REIT and the Operating Lessees. The hotels are managed by ESA Management LLC (“ESA Management”), a subsidiary of the Corporation. The Extended Stay America brand is owned by ESH Hospitality Strategies LLC (“ESH Strategies”), also a subsidiary of the Corporation. ESH Strategies licenses the brand and intellectual property to the Operating Lessees and third parties. Pending Merger —On March 14, 2021, the Corporation and ESH REIT entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Eagle Parent Holdings L.P. (“Parent”), a joint venture of Blackstone Real Estate Partners IX L.P. and Starwood Distressed Opportunity Fund XII Global, L.P. Upon completion of the proposed transactions, the Corporation and ESH REIT will become wholly-owned subsidiaries of Parent. Pursuant to the terms and conditions of the Merger Agreement, each issued and outstanding Paired Share will be converted into a right to receive (1) $19.50 in cash, plus (2) if the transactions are consummated after July 27, 2021 (or earlier, under certain circumstances), a per diem amount of $0.001 for each day from and after such date until, but not including, the closing date, without interest thereon (such sum, the “Merger Consideration”). The Merger Agreement contains customary representations, warranties and covenants, including those related to the Company's use of commercially reasonable efforts to carry on its business consistent with past practice prior to completion of the transactions. Under the terms of the Merger Agreement, Parent may request that the Corporation pay a special distribution (the “Special Dividend”) immediately prior to the closing of up to $1.75 per share of Corporation common stock, in which case the cash consideration paid in the merger in respect of a share of Corporation common stock shall be reduced by the amount of such Special Dividend. The Merger Agreement is subject to customary closing conditions, including approval by the Company’s shareholders and receipt of certain regulatory approvals. The Company can provide no assurance that the transactions contemplated by the Merger Agreement will be completed. Basis of Consolidation The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“U.S. GAAP”) and include the financial position, results of operations, comprehensive income, changes in equity and cash flows of the Corporation and its consolidated subsidiaries, including ESH REIT. Third-party equity interests in consolidated subsidiaries are presented as noncontrolling interests. Despite the fact that

BUSINESS, ORGANIZATION AND BA_2

BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION - REIT	3 Months Ended
	Mar. 31, 2021
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION	BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION Extended Stay America, Inc. (the “Corporation”) was incorporated in the state of Delaware on July 8, 2013. ESH Hospitality, Inc. (“ESH REIT”) was formed as a limited liability company in the state of Delaware on September 16, 2010 and was converted to a corporation on November 5, 2013. The Corporation owns all of the issued and outstanding Class A common stock of ESH REIT, which, as of March 31, 2021, represents 58% of the outstanding common stock of ESH REIT. Due to its controlling interest in ESH REIT, the Corporation consolidates the financial position, results of operations, comprehensive income and cash flows of ESH REIT. The term, “the Company,” as used herein refers to the Corporation and its consolidated subsidiaries, including ESH REIT. A “Paired Share” consists of one share of common stock, par value $0.01 per share, of the Corporation, that is attached to and trades as a single unit with one share of Class B common stock, par value $0.01 per share, of ESH REIT. Each outstanding share of Corporation common stock is attached to and trades with one share of ESH REIT Class B common stock. The Company is an integrated owner/operator of Extended Stay America-branded hotels and is also engaged in franchising, and in certain cases managing, extended stay hotels for third parties in the U.S. As of March 31, 2021 and 2020, the Company owned and operated 563 and 558 hotel properties, respectively, in 40 U.S. states, consisting of approximately 62,700 and 62,100 rooms, respectively, and franchised 88 and 74 hotel properties for third parties, respectively, consisting of approximately 9,000 and 7,600 rooms, respectively. As of March 31, 2021, all 651 system-wide hotels were operated under the Extended Stay America brand. Owned hotel properties are owned by subsidiaries of ESH REIT and are operated by subsidiaries of the Corporation (the “Operating Lessees”) pursuant to leases between ESH REIT and the Operating Lessees. The hotels are managed by ESA Management LLC (“ESA Management”), a subsidiary of the Corporation. The Extended Stay America brand is owned by ESH Hospitality Strategies LLC (“ESH Strategies”), also a subsidiary of the Corporation. ESH Strategies licenses the brand and intellectual property to the Operating Lessees and third parties. Pending Merger —On March 14, 2021, the Corporation and ESH REIT entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Eagle Parent Holdings L.P. (“Parent”), a joint venture of Blackstone Real Estate Partners IX L.P. and Starwood Distressed Opportunity Fund XII Global, L.P. Upon completion of the proposed transactions, the Corporation and ESH REIT will become wholly-owned subsidiaries of Parent. Pursuant to the terms and conditions of the Merger Agreement, each issued and outstanding Paired Share will be converted into a right to receive (1) $19.50 in cash, plus (2) if the transactions are consummated after July 27, 2021 (or earlier, under certain circumstances), a per diem amount of $0.001 for each day from and after such date until, but not including, the closing date, without interest thereon (such sum, the “Merger Consideration”). The Merger Agreement contains customary representations, warranties and covenants, including those related to the Company's use of commercially reasonable efforts to carry on its business consistent with past practice prior to completion of the transactions. Under the terms of the Merger Agreement, Parent may request that the Corporation pay a special distribution (the “Special Dividend”) immediately prior to the closing of up to $1.75 per share of Corporation common stock, in which case the cash consideration paid in the merger in respect of a share of Corporation common stock shall be reduced by the amount of such Special Dividend. The Merger Agreement is subject to customary closing conditions, including approval by the Company’s shareholders and receipt of certain regulatory approvals. The Company can provide no assurance that the transactions contemplated by the Merger Agreement will be completed. Basis of Consolidation The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“U.S. GAAP”) and include the financial position, results of operations, comprehensive income, changes in equity and cash flows of the Corporation and its consolidated subsidiaries, including ESH REIT. Third-party equity interests in consolidated subsidiaries are presented as noncontrolling interests. Despite the fact that
ESH Hospitality, Inc.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION	BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION ESH Hospitality, Inc. (“ESH REIT”) was formed as a limited liability company in the state of Delaware on September 16, 2010 and was converted to a corporation on November 5, 2013. Extended Stay America, Inc. (the “Corporation”), the parent of ESH REIT, was incorporated in the state of Delaware on July 8, 2013. The Corporation owns all of the issued and outstanding Class A common stock of ESH REIT, which, as of March 31, 2021, represents 58% of the outstanding common stock of ESH REIT. A “Paired Share” consists of one share of common stock, par value $0.01 per share, of the Corporation, that is attached to and trades as a single unit with one share of Class B common stock, par value $0.01 per share, of ESH REIT. Each outstanding share of ESH REIT Class B common stock is attached to and trades with one share of Corporation common stock. As of March 31, 2021 and 2020, ESH REIT and its subsidiaries owned and leased 563 and 558 hotel properties, in 40 U.S. states, consisting of approximately 62,700 and 62,100 rooms, respectively. All hotels are leased to wholly-owned subsidiaries of the Corporation (the “Operating Lessees”). Pending Merger —On March 14, 2021, the Corporation and ESH REIT entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Eagle Parent Holdings L.P. (“Parent”), a joint venture of Blackstone Real Estate Partners IX L.P. and Starwood Distressed Opportunity Fund XII Global, L.P. Upon completion of the proposed transactions, the Corporation and ESH REIT will become wholly-owned subsidiaries of Parent. Pursuant to the terms and conditions of the Merger Agreement, each issued and outstanding Paired Share will be converted into a right to receive (1) $19.50 in cash, plus (2) if the transactions are consummated after July 27, 2021 (or earlier, under certain circumstances), a per diem amount of $0.001 for each day from and after such date until, but not including, the closing date, without interest thereon (such sum, the “Merger Consideration”). The Merger Agreement contains customary representations, warranties and covenants, including those related to the Corporation’s and ESH REIT’s use of commercially reasonable efforts to carry on their business consistent with past practice prior to completion of the transactions. The Merger Agreement is subject to customary closing conditions, including approval by the Corporation shareholders, ESH REIT shareholders and receipt of certain regulatory approvals. Neither the Corporation nor ESH REIT can provide assurance that the transactions contemplated by the Merger Agreement will be completed. Basis of Consolidation

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Interim Presentation— Certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP have been condensed or omitted in the accompanying condensed consolidated financial statements. The Company believes the disclosures made are adequate to prevent the information presented from being misleading. However, the condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements as of and for the year ended December 31, 2020 included in the combined annual report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on February 25, 2021. The accompanying condensed consolidated financial statements reflect all adjustments (consisting only of normal and recurring items) necessary to present fairly the Company’s financial position as of March 31, 2021, the results of the Company’s operations, comprehensive income, changes in equity and cash flows for the three months ended March 31, 2021 and 2020. Interim results are not necessarily indicative of full year performance because of the impact of seasonal, short-term or other market variations, including the impact of the COVID-19 pandemic, as well as the impact of hotel acquisitions and dispositions, renovations and capital transactions. Use of Estimates —The preparation of the accompanying condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment and estimated liabilities for insurance reserves and income taxes. Actual results could differ from those estimates. Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over estimated useful lives which range from 1 to 49 years. Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires significant judgment. The Company reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, hotel property EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, economic environment, regulatory environment or primary use, including the evaluation of the asset for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on significant judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; in particular, the effects of the COVID-19 pandemic could cause economic and market conditions to deteriorate, and if this occurs, or if the Company's expected holding period for real estate assets changes, the Company may recognize impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets. Intangible Assets —Intangible assets include trademarks, corporate customer relationships and software development and licenses related to certain internal-use software. Corporate customer relationships and software development and licenses are amortized using the straight-line method over their estimated useful lives; the estimated useful life of customer relationships and software development is 20 and five years, respectively, and the estimated useful life of software licenses is the remaining non-cancellable term of each respective contract. Trademarks are not amortized. Definite-lived intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Indefinite-lived intangible assets, are reviewed for impairment quarterly, and the Company tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. At such time their classification as indefinite-lived intangible assets is reassessed, the Company first assesses qualitative factors to determine if it is more likely than not that the fair value of its indefinite-lived intangible assets is less than its carrying amount. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to intangible assets in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends. Goodwill —Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of the Company's predecessor in 2010. Goodwill is reviewed for impairment quarterly and more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. The Company has two reportable operating segments, owned hotels and franchise and management. There is no goodwill associated with the Company's franchise and management segment. As a result, management only analyzes goodwill associated with owned hotels when analyzing for potential impairment. The Company first assesses qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to goodwill in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends. Revenue from Owned and Operated Hotels — Revenue generated from owned and operated hotels consists of room and other hotel revenues recognized when services are provided. When a reservation is made, the Company deems that the parties have approved a contract in accordance with customary business practices and are committed to perform their respective obligations. At such time, each party’s rights regarding the services to be transferred are identified, payment terms are specified, the contract has commercial substance and, in most instances, it is probable the Company will collect substantially all consideration to which it will be entitled in exchange for services. Each room night consumed by a guest with a cancellable reservation represents a contract whereby the Company has a performance obligation to provide the room night at an agreed upon price. For cancellable reservations, the Company recognizes revenue as each performance obligation (i.e., each room night) is met. Such contract is renewed if the guest continues their stay. If at any time during a guest’s stay the Company believes it is not probable it will collect substantially all consideration to which it will be entitled, revenue is recognized on a cash basis until such time as collection is considered probable. For room nights consumed by a guest with a non-cancellable reservation, the entire reservation period represents the contract term whereby the Company has a performance obligation to provide the room night or nights at an agreed upon price. For non-cancellable reservations, the Company recognizes revenue over the term of the performance period (i.e., the reservation period) as room nights are consumed. For these reservations, the room rate is typically fixed over the reservation period. The Company uses an output method based on performance completed to date (i.e., room nights consumed) to determine the amount of revenue it recognizes on a daily basis if the length of a non-cancellable reservation exceeds one night since consumption of room nights indicates when services are transferred to the guest. In certain instances, variable consideration may exist with respect to the transaction price, such as discounts, coupons and price concessions made upon guest checkout. In evaluating its performance obligation, the Company bundles the obligation to provide the guest the room itself with other obligations (such as free WiFi, access to on-site laundry facilities and parking), as the other obligations are not distinct and separable because the guest cannot benefit from the additional amenities without the consumed room night. The Company’s obligation to provide the additional items or services is not separately identifiable from the fundamental contractual obligation (i.e., providing the room and its contents). The Company has no performance obligations once a guest’s stay is complete. Certain revenues are generated through third-party intermediaries or distribution channels (i.e., online travel agents). Regardless of the basis on which the Company is compensated (i.e., gross or net), the Company is responsible for fulfilling the promise to provide the hotel room and related services to the guest and retains inventory risk. Since the Company controls the inventory and services provided and because third-party intermediaries are typically not contractually required to guarantee room night consumption, the Company is the principal in these transactions. As such, the Company is required to record revenue at an amount equal to the price charged to the guest (i.e., on a gross basis). Third-party intermediaries that pay the Company directly (i.e., on a net basis) typically charge the guest additional fees, blend the room offering with other offerings at amounts which are not allocable and may adjust the price without the Company’s approval. As such, the Company is unable to calculate the room rate charged to the guest. Since any estimate the Company would make has significant uncertainty that ultimately would not be resolved, despite its role as principal, in these instances the Company records revenue equal to the amount paid by the third-party intermediaries (i.e., the net amount). Revenue from Franchise and Management Fees — Revenue generated from franchise and management fees consists of the following: • Franchise fees, which consist of an initial fee and an ongoing royalty fee based on a percentage of a hotel’s monthly revenue in exchange for the access to and use of the Company’s brand name and other intellectual property. Initial fees are deferred and recognized over the expected contract or customer life. Royalty fees are recognized over time as franchisees derive value from the license to use the intellectual property. • Management fees, which consist of an ongoing base fee calculated as a percentage of a hotel’s monthly revenue in exchange for on-site hotel management services. Management fees are recognized over time as third-party hotel owners derive value from on-site personnel and related services. • Other revenues from franchised and managed properties, which include the reimbursement of costs incurred on behalf of third-party hotel owners on a direct and an indirect basis, as follows: ◦ Direct costs incurred with respect to franchise and management agreements include on-site hotel personnel and incremental reservation and distribution costs for which the Company is reimbursed on a dollar-for-dollar basis. Since the Company employs the hotel personnel and has discretion over reservation and distribution costs, it is the principal with respect to these services and revenue is recognized on a gross basis. ◦ Indirect costs incurred with respect to franchise agreements include costs associated with certain shared system-wide platforms (i.e., system services), such as marketing, technology infrastructure, central reservations, national sales and revenue management systems. The Company is reimbursed for indirect costs through a system service fee, or program fee, based on a percentage of a hotel’s monthly revenue. System service fees are recognized over time as franchisees derive value from the license to use these processes and systems. The Company has discretion over how it spends system service fees and is the principal with respect to these services. Revenue is recognized on a gross basis; expense is recognized as incurred. Over time, the Company manages system services to break-even, but the timing of system service fee revenues will typically not align with expenses incurred to operate the programs. The promise to provide access to the Company’s intellectual property is combined with the promise to provide system services to form a single performance obligation since the promises generally accompany one another. Hotel management services form a single performance obligation. As noted above, each identified performance obligation is considered to be a series of services transferred over time. Revenue is recognized on an output method based on performance completed to date. The Company recognizes revenue in the amount to which it has a right to bill third parties under their respective franchise or management agreements, as it has a right to consideration in an amount that corresponds directly with the third parties’ hotel revenues. Franchise, management and system service fees are characterized as variable consideration and vary from period to period. In the event that fees include variables that extend beyond the current period, the Company uses the most likely amount method to determine the amount of revenue to record based on a reasonable revenue forecast for the applicable hotel. In most instances, the Company does not have constraining estimates, as third-party hotel revenues are typically available and obtained monthly. Recently Issued Accounting Standards Reference Rate Reform —In March 2020, the FASB issued an accounting standards update that provides optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships that reference LIBOR, subject to meeting certain criteria. The Company adopted this update on March 12, 2020 and the updates are effective through December 31, 2022, during which time the Company may elect to apply the optional expedients and exceptions offered under Income Taxes

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - REIT	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Interim Presentation— Certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP have been condensed or omitted in the accompanying condensed consolidated financial statements. The Company believes the disclosures made are adequate to prevent the information presented from being misleading. However, the condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements as of and for the year ended December 31, 2020 included in the combined annual report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on February 25, 2021. The accompanying condensed consolidated financial statements reflect all adjustments (consisting only of normal and recurring items) necessary to present fairly the Company’s financial position as of March 31, 2021, the results of the Company’s operations, comprehensive income, changes in equity and cash flows for the three months ended March 31, 2021 and 2020. Interim results are not necessarily indicative of full year performance because of the impact of seasonal, short-term or other market variations, including the impact of the COVID-19 pandemic, as well as the impact of hotel acquisitions and dispositions, renovations and capital transactions. Use of Estimates —The preparation of the accompanying condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment and estimated liabilities for insurance reserves and income taxes. Actual results could differ from those estimates. Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over estimated useful lives which range from 1 to 49 years. Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires significant judgment. The Company reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, hotel property EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, economic environment, regulatory environment or primary use, including the evaluation of the asset for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on significant judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; in particular, the effects of the COVID-19 pandemic could cause economic and market conditions to deteriorate, and if this occurs, or if the Company's expected holding period for real estate assets changes, the Company may recognize impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets. Intangible Assets —Intangible assets include trademarks, corporate customer relationships and software development and licenses related to certain internal-use software. Corporate customer relationships and software development and licenses are amortized using the straight-line method over their estimated useful lives; the estimated useful life of customer relationships and software development is 20 and five years, respectively, and the estimated useful life of software licenses is the remaining non-cancellable term of each respective contract. Trademarks are not amortized. Definite-lived intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Indefinite-lived intangible assets, are reviewed for impairment quarterly, and the Company tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. At such time their classification as indefinite-lived intangible assets is reassessed, the Company first assesses qualitative factors to determine if it is more likely than not that the fair value of its indefinite-lived intangible assets is less than its carrying amount. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to intangible assets in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends. Goodwill —Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of the Company's predecessor in 2010. Goodwill is reviewed for impairment quarterly and more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. The Company has two reportable operating segments, owned hotels and franchise and management. There is no goodwill associated with the Company's franchise and management segment. As a result, management only analyzes goodwill associated with owned hotels when analyzing for potential impairment. The Company first assesses qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to goodwill in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends. Revenue from Owned and Operated Hotels — Revenue generated from owned and operated hotels consists of room and other hotel revenues recognized when services are provided. When a reservation is made, the Company deems that the parties have approved a contract in accordance with customary business practices and are committed to perform their respective obligations. At such time, each party’s rights regarding the services to be transferred are identified, payment terms are specified, the contract has commercial substance and, in most instances, it is probable the Company will collect substantially all consideration to which it will be entitled in exchange for services. Each room night consumed by a guest with a cancellable reservation represents a contract whereby the Company has a performance obligation to provide the room night at an agreed upon price. For cancellable reservations, the Company recognizes revenue as each performance obligation (i.e., each room night) is met. Such contract is renewed if the guest continues their stay. If at any time during a guest’s stay the Company believes it is not probable it will collect substantially all consideration to which it will be entitled, revenue is recognized on a cash basis until such time as collection is considered probable. For room nights consumed by a guest with a non-cancellable reservation, the entire reservation period represents the contract term whereby the Company has a performance obligation to provide the room night or nights at an agreed upon price. For non-cancellable reservations, the Company recognizes revenue over the term of the performance period (i.e., the reservation period) as room nights are consumed. For these reservations, the room rate is typically fixed over the reservation period. The Company uses an output method based on performance completed to date (i.e., room nights consumed) to determine the amount of revenue it recognizes on a daily basis if the length of a non-cancellable reservation exceeds one night since consumption of room nights indicates when services are transferred to the guest. In certain instances, variable consideration may exist with respect to the transaction price, such as discounts, coupons and price concessions made upon guest checkout. In evaluating its performance obligation, the Company bundles the obligation to provide the guest the room itself with other obligations (such as free WiFi, access to on-site laundry facilities and parking), as the other obligations are not distinct and separable because the guest cannot benefit from the additional amenities without the consumed room night. The Company’s obligation to provide the additional items or services is not separately identifiable from the fundamental contractual obligation (i.e., providing the room and its contents). The Company has no performance obligations once a guest’s stay is complete. Certain revenues are generated through third-party intermediaries or distribution channels (i.e., online travel agents). Regardless of the basis on which the Company is compensated (i.e., gross or net), the Company is responsible for fulfilling the promise to provide the hotel room and related services to the guest and retains inventory risk. Since the Company controls the inventory and services provided and because third-party intermediaries are typically not contractually required to guarantee room night consumption, the Company is the principal in these transactions. As such, the Company is required to record revenue at an amount equal to the price charged to the guest (i.e., on a gross basis). Third-party intermediaries that pay the Company directly (i.e., on a net basis) typically charge the guest additional fees, blend the room offering with other offerings at amounts which are not allocable and may adjust the price without the Company’s approval. As such, the Company is unable to calculate the room rate charged to the guest. Since any estimate the Company would make has significant uncertainty that ultimately would not be resolved, despite its role as principal, in these instances the Company records revenue equal to the amount paid by the third-party intermediaries (i.e., the net amount). Revenue from Franchise and Management Fees — Revenue generated from franchise and management fees consists of the following: • Franchise fees, which consist of an initial fee and an ongoing royalty fee based on a percentage of a hotel’s monthly revenue in exchange for the access to and use of the Company’s brand name and other intellectual property. Initial fees are deferred and recognized over the expected contract or customer life. Royalty fees are recognized over time as franchisees derive value from the license to use the intellectual property. • Management fees, which consist of an ongoing base fee calculated as a percentage of a hotel’s monthly revenue in exchange for on-site hotel management services. Management fees are recognized over time as third-party hotel owners derive value from on-site personnel and related services. • Other revenues from franchised and managed properties, which include the reimbursement of costs incurred on behalf of third-party hotel owners on a direct and an indirect basis, as follows: ◦ Direct costs incurred with respect to franchise and management agreements include on-site hotel personnel and incremental reservation and distribution costs for which the Company is reimbursed on a dollar-for-dollar basis. Since the Company employs the hotel personnel and has discretion over reservation and distribution costs, it is the principal with respect to these services and revenue is recognized on a gross basis. ◦ Indirect costs incurred with respect to franchise agreements include costs associated with certain shared system-wide platforms (i.e., system services), such as marketing, technology infrastructure, central reservations, national sales and revenue management systems. The Company is reimbursed for indirect costs through a system service fee, or program fee, based on a percentage of a hotel’s monthly revenue. System service fees are recognized over time as franchisees derive value from the license to use these processes and systems. The Company has discretion over how it spends system service fees and is the principal with respect to these services. Revenue is recognized on a gross basis; expense is recognized as incurred. Over time, the Company manages system services to break-even, but the timing of system service fee revenues will typically not align with expenses incurred to operate the programs. The promise to provide access to the Company’s intellectual property is combined with the promise to provide system services to form a single performance obligation since the promises generally accompany one another. Hotel management services form a single performance obligation. As noted above, each identified performance obligation is considered to be a series of services transferred over time. Revenue is recognized on an output method based on performance completed to date. The Company recognizes revenue in the amount to which it has a right to bill third parties under their respective franchise or management agreements, as it has a right to consideration in an amount that corresponds directly with the third parties’ hotel revenues. Franchise, management and system service fees are characterized as variable consideration and vary from period to period. In the event that fees include variables that extend beyond the current period, the Company uses the most likely amount method to determine the amount of revenue to record based on a reasonable revenue forecast for the applicable hotel. In most instances, the Company does not have constraining estimates, as third-party hotel revenues are typically available and obtained monthly. Recently Issued Accounting Standards Reference Rate Reform —In March 2020, the FASB issued an accounting standards update that provides optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships that reference LIBOR, subject to meeting certain criteria. The Company adopted this update on March 12, 2020 and the updates are effective through December 31, 2022, during which time the Company may elect to apply the optional expedients and exceptions offered under Income Taxes
ESH Hospitality, Inc.
Entity Information [Line Items]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Interim Presentation —Certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP have been condensed or omitted in the accompanying condensed consolidated financial statements. ESH REIT believes the disclosures made are adequate to prevent the information presented from being misleading. However, the condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements as of and for the year ended December 31, 2020, included in the combined annual report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on February 25, 2021. The accompanying condensed consolidated financial statements reflect all adjustments (consisting only of normal and recurring items) necessary to present fairly ESH REIT’s financial position as of March 31, 2021, the results of ESH REIT’s operations, comprehensive income, changes in equity and cash flows for the three months ended March 31, 2021 and 2020. Interim results are not necessarily indicative of full year performance because of hotel acquisitions and dispositions, capital transactions, the impact of accounting for variable rental payments under lease arrangements and the impact of the COVID-19 pandemic. Use of Estimates —The preparation of the accompanying condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment. Actual results could differ from those estimates. Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over estimated useful lives which range from 1 to 49 years. Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires significant judgment. ESH REIT reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, hotel property EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets or asset groups with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, economic environment, regulatory environment or primary use, including the evaluation of the asset or group of assets for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties (grouped under ESH REIT’s leases) to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on significant judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; in particular, the effects of the COVID-19 pandemic could cause economic and market conditions to continue to deteriorate, and if this occurs, or if ESH REIT's expected holding period for real estate assets changes, ESH REIT may recognize impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets. Intangible Assets —Intangible assets include licenses related to certain internal-use software. Licenses are amortized using the straight-line method over their estimated useful life, which is the remaining non-cancellable term of each respective contract. Intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. ESH REIT tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of its reporting unit below its carrying amount. Definite-lived intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to intangible assets in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends. Goodwill —Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of ESH REIT's predecessor in 2010. Goodwill is reviewed for impairment quarterly, and ESH REIT tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. ESH REIT has one operating segment, which is its reporting unit; therefore, management analyzes goodwill associated with hotels when analyzing for potential impairment. ESH REIT first assesses qualitative factors to determine if it is more likely than not that the fair value of its reporting unit is less than its carrying amount. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to goodwill in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends. Revenue Recognition —ESH REIT’s sole source of revenues is rental revenue derived from operating leases with subsidiaries of the Corporation (i.e., all revenues are generated from agreements with related parties (see Note 10)). Rental revenues are recorded on a straight-line basis as they are earned during the lease terms. Rents receivable from Extended Stay America, Inc. on the accompanying condensed consolidated balance sheets represent monthly rental amounts contractually due. Deferred rents receivable from Extended Stay America, Inc. on the accompanying condensed consolidated balance sheets represent the cumulative difference between straight-line rental revenues recognized and rental revenues contractually due. Lease rental payments received prior to rendering services are included in unearned rental revenues from Extended Stay America, Inc. on the accompanying condensed consolidated balance sheets. Variable rental revenues, specifically percentage rental revenues related to hotel revenues of the Operating Lessees, are recognized when such amounts are fixed and determinable (i.e., only when percentage rental revenue thresholds have been achieved). Recently Issued Accounting Standards Reference Rate Reform —In March 2020, the FASB issued an accounting standards update that provides optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships that reference LIBOR, subject to meeting certain criteria. ESH REIT adopted this update on March 12, 2020 and the updates are effective through December 31, 2022, during which time ESH REIT may elect to apply the optional expedients and exceptions offered under the standard. ESH REIT's variable rate debt and interest rate swap are tied to rates that reference LIBOR (see Notes 7 and 8). As of March 31, 2021, ESH REIT had not applied any of these optional expedients or exceptions. The adoption of this update did not, and is not expected to, have a material effect on ESH REIT's condensed consolidated financial statements. Income Taxes

NET INCOME PER SHARE

NET INCOME PER SHARE	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
NET INCOME PER SHARE	NET INCOME PER SHARE Basic net income per share is computed by dividing net income available to common shareholders by the weighted-average number of shares of the Corporation’s unrestricted common stock outstanding. Diluted net income per share is computed by dividing net income available to common shareholders, as adjusted for potentially dilutive securities, by the weighted-average number of shares of unrestricted common stock outstanding plus potentially dilutive securities. Dilutive securities include certain equity-based awards (see Note 13) and are included in the calculation provided that the inclusion of such securities is not anti-dilutive. The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Three Months Ended 2021 2020 Numerator: Net income available to Extended Stay America, Inc. common $ 1,921 $ 4,554 Income attributable to noncontrolling interests assuming conversion (25) (2) Net income available to Extended Stay America, Inc. common $ 1,896 $ 4,552 Denominator: Weighted-average number of Extended Stay America, Inc. common shares outstanding - basic 177,827 177,990 Dilutive securities 722 181 Weighted-average number of Extended Stay America, Inc. common shares outstanding - diluted 178,549 178,171 Net income per Extended Stay America, Inc. common share - basic $ 0.01 $ 0.03 Net income per Extended Stay America, Inc. common share - diluted $ 0.01 $ 0.03

NET INCOME PER SHARE - REIT

NET INCOME PER SHARE - REIT	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
NET INCOME PER SHARE	NET INCOME PER SHARE Basic net income per share is computed by dividing net income available to common shareholders by the weighted-average number of shares of the Corporation’s unrestricted common stock outstanding. Diluted net income per share is computed by dividing net income available to common shareholders, as adjusted for potentially dilutive securities, by the weighted-average number of shares of unrestricted common stock outstanding plus potentially dilutive securities. Dilutive securities include certain equity-based awards (see Note 13) and are included in the calculation provided that the inclusion of such securities is not anti-dilutive. The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Three Months Ended 2021 2020 Numerator: Net income available to Extended Stay America, Inc. common $ 1,921 $ 4,554 Income attributable to noncontrolling interests assuming conversion (25) (2) Net income available to Extended Stay America, Inc. common $ 1,896 $ 4,552 Denominator: Weighted-average number of Extended Stay America, Inc. common shares outstanding - basic 177,827 177,990 Dilutive securities 722 181 Weighted-average number of Extended Stay America, Inc. common shares outstanding - diluted 178,549 178,171 Net income per Extended Stay America, Inc. common share - basic $ 0.01 $ 0.03 Net income per Extended Stay America, Inc. common share - diluted $ 0.01 $ 0.03
ESH Hospitality, Inc.
Entity Information [Line Items]
NET INCOME PER SHARE	NET INCOME PER SHAREBasic net income per share is computed by dividing net income available to Class A and Class B common shareholders by the weighted-average number of shares of unrestricted Class A and Class B common stock outstanding, respectively. Diluted net income per share is computed by dividing net income available to Class A and Class B common shareholders, as adjusted for potentially dilutive securities, by the weighted-average number of shares of unrestricted Class A and Class B common stock outstanding, respectively, plus potentially dilutive securities. Dilutive securities include certain equity-based awards and are included in the calculation provided that the inclusion of such securities is not anti-dilutive. The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Three Months Ended 2021 2020 Numerator: Net income $ 25,150 $ 7,918 Less preferred dividends (4) (4) Net income available to ESH Hospitality, Inc. common shareholders $ 25,146 $ 7,914 Class A: Net income available to ESH Hospitality, Inc. Class A common $ 14,706 $ 4,627 Amounts attributable to ESH Hospitality, Inc. Class B (25) (2) Net income available to ESH Hospitality, Inc. Class A common $ 14,681 $ 4,625 Class B: Net income available to ESH Hospitality, Inc. Class B common $ 10,440 $ 3,287 Amounts attributable to ESH Hospitality, Inc. Class B 25 2 Net income available to ESH Hospitality, Inc. Class B common $ 10,465 $ 3,289 Denominator: Class A: Weighted-average number of ESH Hospitality, Inc. Class A common 250,494 250,494 Class B: Weighted-average number of ESH Hospitality, Inc. Class B common 177,827 177,990 Dilutive securities 722 181 Weighted-average number of ESH Hospitality, Inc. Class B common 178,549 178,171 Net income per ESH Hospitality, Inc. common share - Class A - basic $ 0.06 $ 0.02 Net income per ESH Hospitality, Inc. common share - Class A - diluted $ 0.06 $ 0.02 Net income per ESH Hospitality, Inc. common share - Class B - basic $ 0.06 $ 0.02 Net income per ESH Hospitality, Inc. common share - Class B - diluted $ 0.06 $ 0.02

HOTEL DISPOSITIONS

HOTEL DISPOSITIONS	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
HOTEL DISPOSITIONS	HOTEL DISPOSITIONS The table below summarizes hotel dispositions during the three months ended March 31, 2021 and the year ended December 31, 2020 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Date Location Number of Hotels Number of Rooms Net Proceeds Gain on Sale Franchised March 2021 Texas 2 241 $ 21,867 $ 12,018 Yes (1) November 2020 California 1 146 $ 63,556 $ 52,525 No (1) Remaining term of franchise agreement is less than one year. During the three months ended March 31, 2021 and 2020, disposed hotel properties contributed total room and other hotel revenues, total operating expenses and income before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Total room and other hotel revenues $ 615 $ 1,611 Total operating expenses 548 1,125 Income before income tax expense 67 486

HOTEL DISPOSITIONS - REIT

HOTEL DISPOSITIONS - REIT	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
HOTEL DISPOSITIONS	HOTEL DISPOSITIONS The table below summarizes hotel dispositions during the three months ended March 31, 2021 and the year ended December 31, 2020 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Date Location Number of Hotels Number of Rooms Net Proceeds Gain on Sale Franchised March 2021 Texas 2 241 $ 21,867 $ 12,018 Yes (1) November 2020 California 1 146 $ 63,556 $ 52,525 No (1) Remaining term of franchise agreement is less than one year. During the three months ended March 31, 2021 and 2020, disposed hotel properties contributed total room and other hotel revenues, total operating expenses and income before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Total room and other hotel revenues $ 615 $ 1,611 Total operating expenses 548 1,125 Income before income tax expense 67 486
ESH Hospitality, Inc.
Entity Information [Line Items]
HOTEL DISPOSITIONS	HOTEL DISPOSITIONS The table below summarizes hotel dispositions during the three months ended March 31, 2021, and the year ended December 31, 2020 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Date Location Number of Hotels Number of Rooms Net Proceeds Gain on Sale March 2021 Texas 2 241 $ 21,867 $ 11,930 November 2020 California 1 146 $ 63,556 $ 52,196 During the three months ended March 31, 2021 and 2020, disposed hotel properties contributed total rental revenues, total operating expenses and income before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Total rental revenues from Extended Stay America, Inc. $ 289 $ 933 Total operating expenses 157 395 Income before income tax expense 132 538

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT Net investment in property and equipment as of March 31, 2021 and December 31, 2020, consists of the following (in thousands): March 31, December 31, 2020 Hotel properties: Land and site improvements (1) $ 1,249,785 $ 1,246,441 Building and improvements 2,895,078 2,881,855 Furniture, fixtures and equipment (2) 782,465 783,414 Total hotel properties 4,927,328 4,911,710 Development in process 28,527 46,496 Corporate furniture, fixtures, equipment, software and other 29,803 29,735 Total cost 4,985,658 4,987,941 Less accumulated depreciation: Hotel properties (1,546,732) (1,518,236) Corporate furniture, fixtures, equipment, software and other (24,439) (23,750) Total accumulated depreciation (1,571,171) (1,541,986) Property and equipment — net $ 3,414,487 $ 3,445,955 _________________________________ (1) Includes finance lease asset of $4.0 million as of March 31, 2021 and December 31, 2020. (2) Includes finance lease asset of $0.4 million as of March 31, 2021 and December 31, 2020. As of March 31, 2021 and December 31, 2020, development in process consisted of six and eight land parcels, respectively, that were in various phases of construction and/or development. The Company expects to delay commencement of construction at four of these locations as a result of current market uncertainty. During the three months ended March 31, 2021 and the year ended December 31, 2020, the following owned, newly constructed hotels were opened under the Extended Stay America brand: Opening Date Location Number of Hotels Number of March 2021 Florida 2 248 December 2020 Florida 1 124 November 2020 Florida 1 144 August 2020 Florida 1 124 June 2020 Various 2 248 April 2020 South Carolina 1 120 March 2020 Florida 1 120 During the three months ended March 31, 2021 and 2020, newly-built hotels contributed total room and other hotel revenues, total operating expenses and income (loss) before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Total room and other hotel revenues $ 4,475 $ 108 Total operating expenses 3,722 130 Income (loss) before income tax expense 753 (22)

PROPERTY AND EQUIPMENT - REIT

PROPERTY AND EQUIPMENT - REIT	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Line Items]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT Net investment in property and equipment as of March 31, 2021 and December 31, 2020, consists of the following (in thousands): March 31, December 31, 2020 Hotel properties: Land and site improvements (1) $ 1,249,785 $ 1,246,441 Building and improvements 2,895,078 2,881,855 Furniture, fixtures and equipment (2) 782,465 783,414 Total hotel properties 4,927,328 4,911,710 Development in process 28,527 46,496 Corporate furniture, fixtures, equipment, software and other 29,803 29,735 Total cost 4,985,658 4,987,941 Less accumulated depreciation: Hotel properties (1,546,732) (1,518,236) Corporate furniture, fixtures, equipment, software and other (24,439) (23,750) Total accumulated depreciation (1,571,171) (1,541,986) Property and equipment — net $ 3,414,487 $ 3,445,955 _________________________________ (1) Includes finance lease asset of $4.0 million as of March 31, 2021 and December 31, 2020. (2) Includes finance lease asset of $0.4 million as of March 31, 2021 and December 31, 2020. As of March 31, 2021 and December 31, 2020, development in process consisted of six and eight land parcels, respectively, that were in various phases of construction and/or development. The Company expects to delay commencement of construction at four of these locations as a result of current market uncertainty. During the three months ended March 31, 2021 and the year ended December 31, 2020, the following owned, newly constructed hotels were opened under the Extended Stay America brand: Opening Date Location Number of Hotels Number of March 2021 Florida 2 248 December 2020 Florida 1 124 November 2020 Florida 1 144 August 2020 Florida 1 124 June 2020 Various 2 248 April 2020 South Carolina 1 120 March 2020 Florida 1 120 During the three months ended March 31, 2021 and 2020, newly-built hotels contributed total room and other hotel revenues, total operating expenses and income (loss) before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Total room and other hotel revenues $ 4,475 $ 108 Total operating expenses 3,722 130 Income (loss) before income tax expense 753 (22)
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT Net investment in property and equipment as of March 31, 2021 and December 31, 2020, consists of the following (in thousands): March 31, December 31, Hotel properties: Land and site improvements (1) $ 1,252,151 $ 1,248,807 Building and improvements 2,927,906 2,914,683 Furniture, fixtures and equipment (2) 789,633 790,584 Total hotel properties 4,969,690 4,954,074 Development in process 28,527 46,496 Other 1,000 1,000 Total cost 4,999,217 5,001,570 Less accumulated depreciation: (1,569,166) (1,540,358) Property and equipment — net $ 3,430,051 $ 3,461,212 _________________________________ (1) Includes finance lease asset of $4.0 million as of March 31, 2021 and December 31, 2020. (2) Includes finance lease asset of $0.4 million as of March 31, 2021 and December 31, 2020. As of March 31, 2021 and December 31, 2020, development in process consisted of six and eight land parcels, respectively, that were in various phases of construction and/or development. ESH REIT expects to delay commencement of construction of four of these locations as a result of current market uncertainty. During the three months ended March 31, 2021 and the year ended December 31, 2020, the following owned, newly constructed hotels were opened under the Extended Stay America brand: Opening Date Location Number of Number of Rooms March 2021 Florida 2 248 December 2020 Florida 1 124 November 2020 Florida 1 144 August 2020 Florida 1 124 June 2020 Various 2 248 April 2020 South Carolina 1 120 March 2020 Florida 1 120 During the three months ended March 31, 2021 and 2020, newly-build hotels contributed rental revenues, total operating expenses and income before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Rental revenues from Extended Stay America, Inc. $ 1,975 $ 130 Total operating expenses 1,901 62 Income before income tax expense 74 68

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS AND GOODWILL	INTANGIBLE ASSETS AND GOODWILL The Company’s intangible assets and goodwill as of March 31, 2021 and December 31, 2020, consist of the following (in thousands): March 31, 2021 Gross Accumulated Net Definite-lived intangible assets Customer relationships $ 26,800 $ (14,045) $ 12,755 Software development and licenses 14,024 (2,367) 11,657 Software development in process 439 — 439 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 51,426 (16,412) 35,014 Goodwill 44,921 — 44,921 Total intangible assets and goodwill $ 96,347 $ (16,412) $ 79,935 December 31, 2020 Gross Accumulated Net Definite-lived intangible assets Customer relationships $ 26,800 $ (13,710) $ 13,090 Software licenses 10,546 (2,005) 8,541 Software development in process 2,299 — 2,299 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 49,808 (15,715) 34,093 Goodwill 45,055 — 45,055 Total intangible assets and goodwill $ 94,863 $ (15,715) $ 79,148 The remaining weighted-average amortization period for amortizing intangible assets is approximately eight years as of March 31, 2021. Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, Remainder of 2021 $ 2,463 2022 3,279 2023 3,279 2024 3,279 2025 3,279 2026 2,723 Thereafter 6,110 Total $ 24,412

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL - REIT	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
INTANGIBLE ASSETS AND GOODWILL	INTANGIBLE ASSETS AND GOODWILL The Company’s intangible assets and goodwill as of March 31, 2021 and December 31, 2020, consist of the following (in thousands): March 31, 2021 Gross Accumulated Net Definite-lived intangible assets Customer relationships $ 26,800 $ (14,045) $ 12,755 Software development and licenses 14,024 (2,367) 11,657 Software development in process 439 — 439 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 51,426 (16,412) 35,014 Goodwill 44,921 — 44,921 Total intangible assets and goodwill $ 96,347 $ (16,412) $ 79,935 December 31, 2020 Gross Accumulated Net Definite-lived intangible assets Customer relationships $ 26,800 $ (13,710) $ 13,090 Software licenses 10,546 (2,005) 8,541 Software development in process 2,299 — 2,299 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 49,808 (15,715) 34,093 Goodwill 45,055 — 45,055 Total intangible assets and goodwill $ 94,863 $ (15,715) $ 79,148 The remaining weighted-average amortization period for amortizing intangible assets is approximately eight years as of March 31, 2021. Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, Remainder of 2021 $ 2,463 2022 3,279 2023 3,279 2024 3,279 2025 3,279 2026 2,723 Thereafter 6,110 Total $ 24,412
ESH Hospitality, Inc.
Entity Information [Line Items]
INTANGIBLE ASSETS AND GOODWILL	INTANGIBLE ASSETS AND GOODWILL ESH REIT's intangible assets and goodwill as of March 31, 2021 and December 31, 2020, consist of the following (dollars in thousands): March 31, 2021 Gross Accumulated Net Definite-lived intangible assets—software licenses $ 10,597 $ (2,312) $ 8,285 Goodwill 43,748 — 43,748 Total intangible assets and goodwill $ 54,345 $ (2,312) $ 52,033 December 31, 2020 Gross Accumulated Net Definite-lived intangible assets—software licenses $ 10,546 $ (2,005) $ 8,541 Goodwill 43,878 — 43,878 Total intangible assets and goodwill $ 54,424 $ (2,005) $ 52,419 The remaining weighted-average amortization period for amortizing intangible assets is approximately seven years as of March 31, 2021. Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, Remainder of 2021 $ 944 2022 1,259 2023 1,259 2024 1,259 2025 1,259 2026 1,259 Thereafter 1,046 Total $ 8,285

DEBT

DEBT	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
DEBT	DEBT Summary - The Company’s outstanding debt, net of unamortized debt discounts and unamortized deferred financing costs, as of March 31, 2021 and December 31, 2020, consists of the following (dollars in thousands): Stated Carrying Amount Unamortized Deferred Financing Costs Loan March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $ 630,909 $ 619,847 (1) $ 621,351 (1) $ 7,348 $ 7,684 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,294,630 (4) 1,294,301 (4) 11,526 12,232 5.25% 5/1/2025 2027 Notes 750,000 750,000 750,000 11,439 11,879 4.63% 10/1/2027 Revolving credit facilities ESH REIT Revolving Credit Facility 350,000 — — 1,923 (5) 2,061 (5) LIBOR (2) + 2.00% 9/18/2024 Corporation Revolving Credit Facility 50,000 9,765 49,765 485 (5) 520 (5) LIBOR (2) + 2.25% 9/18/2024 Total $ 2,674,242 $ 2,715,417 $ 32,721 $ 34,376 _________________________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $1.6 million and $1.7 million as of March 31, 2021 and December 31, 2020, respectively. (2) As of March 31, 2021 and December 31, 2020, one-month LIBOR was 0.11% and 0.14%, respectively. As of March 31, 2021 and December 31, 2020, $50.0 million and $100.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required under the ESH REIT Term Facility. Annual mandatory prepayments for the year are due during the first quarter of the following year. No mandatory prepayments were required in the first quarter of 2021 based on ESH REIT’s Excess Cash Flow for the year ended December 31, 2020. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $5.4 million and $5.7 million as of March 31, 2021 and December 31, 2020, respectively. (5) Unamortized deferred financing costs related to revolving credit facilities are included in other assets in the accompanying condensed consolidated balance sheets. ESH REIT Credit Facilities ESH REIT’s credit agreement, as may be amended and supplemented from time to time, provides for senior secured credit facilities (collectively, the “ESH REIT Credit Facilities”) which consist of a $630.9 million senior secured term loan facility (the “ESH REIT Term Facility”) and a $350.0 million senior secured revolving credit facility (the “ESH REIT Revolving Credit Facility”). Subject to the satisfaction of certain criteria, borrowings under the ESH REIT Credit Facilities may be increased by an amount of up to $600.0 million, plus additional amounts, so long as, after giving effect to the incurrence of such incremental facility and the application of proceeds thereof, ESH REIT’s pro-forma senior loan-to-value ratio is less than or equal to 45%. ESH REIT Term Facility — The ESH REIT Term Facility bears interest at a rate equal to (i) LIBOR plus 1.75% for any period during which ESH REIT maintains a public corporate family rating better than or equal to BB (with a stable or better outlook) from S&P and Ba3 (with a stable or better outlook) from Moody’s (a “Level 1 Period”) or LIBOR plus 2.00% for any period other than a Level 1 Period; or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50% or (C) the one-month adjusted LIBOR rate plus 1.00%), plus 0.75% during a Level 1 Period or 1.00% for any period other than a Level 1 Period. ESH REIT has the option to prepay outstanding loans under the ESH REIT Term Facility without penalty. ESH REIT Revolving Credit Facility — Borrowings under the ESH REIT Revolving Credit Facility bear interest at a rate equal to (i) LIBOR plus a spread that ranges from 1.50% to 2.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined, or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50%, or (C) the one-month adjusted LIBOR rate plus 1.00%) plus a spread that ranges from 0.50% to 1.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined. ESH REIT incurs a fee of 0.30% or 0.175% on the unutilized revolver balance based on the amount outstanding under the facility. ESH REIT is also required to pay customary letter of credit fees and agency fees. The ESH REIT Revolving Credit Facility provides for the issuance of up to $50.0 million of letters of credit. As of March 31, 2021, ESH REIT had no letters of credit outstanding and available borrowing capacity of $350.0 million under the facility. ESH REIT 2025 Notes In May 2015 and March 2016, ESH REIT issued $500.0 million and $800.0 million, respectively, of its 5.25% senior notes due in May 2025 (the “2025 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, in private placements pursuant to Rule 144A of the Securities Act of 1933, as amended. ESH REIT may redeem the 2025 Notes at any time in whole or in part, at a redemption price equal to 102.625% of the principal amount, declining annually to 100% of the principal amount from May 1, 2023 and thereafter, plus accrued and unpaid interest. Upon a Change of Control, as defined, holders of the 2025 Notes have the right to require ESH REIT to redeem the 2025 Notes at 101% of the principal amount, plus accrued and unpaid interest. ESH REIT 2027 Notes In September 2019, ESH REIT issued $750.0 million of its 4.625% senior notes due in 2027 (the “2027 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, at a price equal to 100% of par value in a private placement pursuant to Rule 144A of the Securities Act of 1933, as amended. ESH REIT may redeem the 2027 Notes at any time on or after October 1, 2022, in whole or in part, at a redemption price equal to 102.313% of the principal amount, declining annually to 100% of the principal amount from October 1, 2024 and thereafter, plus accrued and unpaid interest. Prior to October 1, 2022, ESH REIT may redeem the 2027 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount, plus a “make-whole” premium, as defined, plus accrued and unpaid interest. Prior to October 1, 2022, subject to certain conditions, ESH REIT may redeem up to 35% of the aggregate principal amount of the 2027 Notes at a redemption price equal to 101% of the aggregate principal amount, plus accrued and unpaid interest, with the net cash proceeds from certain equity offerings, provided 65% of the original amount of the principal remains outstanding after the occurrence of each such redemption. Upon a Change of Control, as defined, holders of the 2027 Notes have the right to require ESH REIT to redeem the 2027 Notes at 101% of the principal amount, plus accrued and unpaid interest. Corporation Revolving Credit Facility The Corporation’s revolving credit facility, as may be amended and supplemented from time to time (the “Corporation Revolving Credit Facility”), provides for the issuance of up to $50.0 million of letters of credit as well as borrowing on same day notice, referred to as swingline loans, in an amount of up to $20.0 million. Borrowings under the Corporation Revolving Credit Facility bear interest at a rate equal to (i) LIBOR plus 2.25% or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50% or (C) the one-month adjusted LIBOR plus 1.00%) plus 1.25%. In addition to paying interest on outstanding principal, the Corporation incurs a fee of 0.30% or 0.175% on the unutilized revolver balance based on the amount outstanding under the facility. During the three months ended March 31, 2021, the Company repaid $40.0 million under the Corporation Revolving Credit Facility, and as of March 31, 2021, the outstanding balance under the facility was $9.8 million. As of March 31, 2021, the Corporation had one letter of credit outstanding of $0.2 million and $40.0 million available borrowing capacity under the facility. Obligations under the Corporation Revolving Credit Facility are guaranteed by certain existing and future material domestic subsidiaries of the Corporation, excluding ESH REIT and its subsidiaries and subject to customary exceptions. The facility is secured, subject to certain exceptions, by a first priority security interest in substantially all of the assets of the Corporation and the guarantors. If obligations are outstanding under the facility during any fiscal quarter, the Corporation Revolving Credit Facility requires that the Consolidated Leverage Ratio, as defined, calculated as of the end of such fiscal quarter for any consecutive four quarter period, be less than or equal to 8.75 to 1.00 (the “Leverage Covenant,” subject to the Four Quarter Suspension Period, as defined below). The facility is also subject to a springing financial covenant whereby the senior loan-to-value ratio may not exceed 45% when the aggregate principal amount of borrowings and letters of credit under the Corporation Revolving Credit Facility, excluding up to $30.0 million of letters of credit, is equal to or greater than 25% of the aggregate available principal amount of the Corporation Revolving Credit Facility on the applicable fiscal quarter end date. In May 2020, the Company entered into an amendment to the Corporation Revolving Credit Facility and obtained a suspension of the Leverage Covenant from the beginning of the second quarter of 2020 through the end of the first quarter of 2021 (the “Four Quarter Suspension Period”). For the second quarter of 2021 through the fourth quarter of 2021, the leverage covenant calculation has been modified to use annualized EBITDA, as opposed to trailing twelve-month EBITDA. Additionally, the amendment provides for the Corporation to borrow up to $150.0 million from ESH REIT through an intercompany loan facility. Throughout the Four Quarter Suspension Period, the Company has agreed to maintain minimum liquidity of $150.0 million and to limit share repurchases and dividend payments made by the Corporation. Covenants The ESH REIT Credit Facilities, the 2027 Notes, the 2025 Notes, the Corporation Revolving Credit Facility and certain intercompany loan facilities contain a number of restrictive covenants that, among other things and subject to certain exceptions, limit the Corporation’s or ESH REIT’s ability and the ability of their respective subsidiaries to engage in certain transactions. In addition, the ESH REIT Revolving Credit Facility and the Corporation Revolving Credit Facility contain financial covenants that, subject to certain conditions, require compliance with certain senior loan-to-value and consolidated leverage ratios. The agreements governing the Corporation’s and ESH REIT’s indebtedness also contain certain customary representations and warranties, affirmative covenants and events of default, including, but not limited to, cross-defaults to certain other indebtedness and, in the case of the ESH REIT Credit Facilities and certain intercompany loan facilities, certain material operating leases and management agreements. As of March 31, 2021, the Corporation and ESH REIT were in compliance with all covenants under their respective debt agreements. The Company’s continued compliance with these covenants could be impacted by current or future economic conditions associated with the COVID-19 pandemic. The Company's failure to maintain compliance with its debt covenants or to pay debt obligations as they become due would give rise to a default under one or more of the agreements governing the Company's indebtedness, and could entitle the lenders under the defaulted agreements to accelerate the maturity of the amounts thereunder, which could raise substantial doubt about the Company's ability to continue as a going concern. The Company may seek additional covenant waivers or amendments, though there is no certainty that it would be successful in such efforts. Interest Expense, net —The components of net interest expense during the three months ended March 31, 2021 and 2020, are as follows (in thousands): Three Months Ended 2021 2020 Contractual interest, net (1) $ 29,067 $ 31,326 Amortization of deferred financing costs and debt discount 2,058 2,052 Other costs (2) 338 293 Interest income (1) (986) Total $ 31,462 $ 32,685 ______________________ (1) Net of capitalized interest of $0.4 million and $0.9 million, respectively. For the three months ended March 31, 2020, includes dividends on shares of mandatorily redeemable Corporation preferred stock. (2) Includes interest expense on finance leases (see Note 12) and unused facility fees. Fair Value of Debt —As of March 31, 2021 and December 31, 2020, the estimated fair value of the Company’s debt was $2.7 billion and $2.8 billion, respectively. Estimated fair values are determined by comparing current borrowing rates and risk spreads offered in the market (Level 2 fair value measures) or quoted market prices (Level 1 fair value measures), when available, to the stated interest rates and spreads on the Company’s debt. As of March 31, 2021 and December 31, 2020, the estimated fair value of the Corporation revolving credit facility was equal to its carrying value due to its short-term nature and frequent settlement.

DEBT - REIT

DEBT - REIT	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
DEBT	DEBT Summary - The Company’s outstanding debt, net of unamortized debt discounts and unamortized deferred financing costs, as of March 31, 2021 and December 31, 2020, consists of the following (dollars in thousands): Stated Carrying Amount Unamortized Deferred Financing Costs Loan March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $ 630,909 $ 619,847 (1) $ 621,351 (1) $ 7,348 $ 7,684 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,294,630 (4) 1,294,301 (4) 11,526 12,232 5.25% 5/1/2025 2027 Notes 750,000 750,000 750,000 11,439 11,879 4.63% 10/1/2027 Revolving credit facilities ESH REIT Revolving Credit Facility 350,000 — — 1,923 (5) 2,061 (5) LIBOR (2) + 2.00% 9/18/2024 Corporation Revolving Credit Facility 50,000 9,765 49,765 485 (5) 520 (5) LIBOR (2) + 2.25% 9/18/2024 Total $ 2,674,242 $ 2,715,417 $ 32,721 $ 34,376 _________________________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $1.6 million and $1.7 million as of March 31, 2021 and December 31, 2020, respectively. (2) As of March 31, 2021 and December 31, 2020, one-month LIBOR was 0.11% and 0.14%, respectively. As of March 31, 2021 and December 31, 2020, $50.0 million and $100.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required under the ESH REIT Term Facility. Annual mandatory prepayments for the year are due during the first quarter of the following year. No mandatory prepayments were required in the first quarter of 2021 based on ESH REIT’s Excess Cash Flow for the year ended December 31, 2020. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $5.4 million and $5.7 million as of March 31, 2021 and December 31, 2020, respectively. (5) Unamortized deferred financing costs related to revolving credit facilities are included in other assets in the accompanying condensed consolidated balance sheets. ESH REIT Credit Facilities ESH REIT’s credit agreement, as may be amended and supplemented from time to time, provides for senior secured credit facilities (collectively, the “ESH REIT Credit Facilities”) which consist of a $630.9 million senior secured term loan facility (the “ESH REIT Term Facility”) and a $350.0 million senior secured revolving credit facility (the “ESH REIT Revolving Credit Facility”). Subject to the satisfaction of certain criteria, borrowings under the ESH REIT Credit Facilities may be increased by an amount of up to $600.0 million, plus additional amounts, so long as, after giving effect to the incurrence of such incremental facility and the application of proceeds thereof, ESH REIT’s pro-forma senior loan-to-value ratio is less than or equal to 45%. ESH REIT Term Facility — The ESH REIT Term Facility bears interest at a rate equal to (i) LIBOR plus 1.75% for any period during which ESH REIT maintains a public corporate family rating better than or equal to BB (with a stable or better outlook) from S&P and Ba3 (with a stable or better outlook) from Moody’s (a “Level 1 Period”) or LIBOR plus 2.00% for any period other than a Level 1 Period; or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50% or (C) the one-month adjusted LIBOR rate plus 1.00%), plus 0.75% during a Level 1 Period or 1.00% for any period other than a Level 1 Period. ESH REIT has the option to prepay outstanding loans under the ESH REIT Term Facility without penalty. ESH REIT Revolving Credit Facility — Borrowings under the ESH REIT Revolving Credit Facility bear interest at a rate equal to (i) LIBOR plus a spread that ranges from 1.50% to 2.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined, or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50%, or (C) the one-month adjusted LIBOR rate plus 1.00%) plus a spread that ranges from 0.50% to 1.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined. ESH REIT incurs a fee of 0.30% or 0.175% on the unutilized revolver balance based on the amount outstanding under the facility. ESH REIT is also required to pay customary letter of credit fees and agency fees. The ESH REIT Revolving Credit Facility provides for the issuance of up to $50.0 million of letters of credit. As of March 31, 2021, ESH REIT had no letters of credit outstanding and available borrowing capacity of $350.0 million under the facility. ESH REIT 2025 Notes In May 2015 and March 2016, ESH REIT issued $500.0 million and $800.0 million, respectively, of its 5.25% senior notes due in May 2025 (the “2025 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, in private placements pursuant to Rule 144A of the Securities Act of 1933, as amended. ESH REIT may redeem the 2025 Notes at any time in whole or in part, at a redemption price equal to 102.625% of the principal amount, declining annually to 100% of the principal amount from May 1, 2023 and thereafter, plus accrued and unpaid interest. Upon a Change of Control, as defined, holders of the 2025 Notes have the right to require ESH REIT to redeem the 2025 Notes at 101% of the principal amount, plus accrued and unpaid interest. ESH REIT 2027 Notes In September 2019, ESH REIT issued $750.0 million of its 4.625% senior notes due in 2027 (the “2027 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, at a price equal to 100% of par value in a private placement pursuant to Rule 144A of the Securities Act of 1933, as amended. ESH REIT may redeem the 2027 Notes at any time on or after October 1, 2022, in whole or in part, at a redemption price equal to 102.313% of the principal amount, declining annually to 100% of the principal amount from October 1, 2024 and thereafter, plus accrued and unpaid interest. Prior to October 1, 2022, ESH REIT may redeem the 2027 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount, plus a “make-whole” premium, as defined, plus accrued and unpaid interest. Prior to October 1, 2022, subject to certain conditions, ESH REIT may redeem up to 35% of the aggregate principal amount of the 2027 Notes at a redemption price equal to 101% of the aggregate principal amount, plus accrued and unpaid interest, with the net cash proceeds from certain equity offerings, provided 65% of the original amount of the principal remains outstanding after the occurrence of each such redemption. Upon a Change of Control, as defined, holders of the 2027 Notes have the right to require ESH REIT to redeem the 2027 Notes at 101% of the principal amount, plus accrued and unpaid interest. Corporation Revolving Credit Facility The Corporation’s revolving credit facility, as may be amended and supplemented from time to time (the “Corporation Revolving Credit Facility”), provides for the issuance of up to $50.0 million of letters of credit as well as borrowing on same day notice, referred to as swingline loans, in an amount of up to $20.0 million. Borrowings under the Corporation Revolving Credit Facility bear interest at a rate equal to (i) LIBOR plus 2.25% or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50% or (C) the one-month adjusted LIBOR plus 1.00%) plus 1.25%. In addition to paying interest on outstanding principal, the Corporation incurs a fee of 0.30% or 0.175% on the unutilized revolver balance based on the amount outstanding under the facility. During the three months ended March 31, 2021, the Company repaid $40.0 million under the Corporation Revolving Credit Facility, and as of March 31, 2021, the outstanding balance under the facility was $9.8 million. As of March 31, 2021, the Corporation had one letter of credit outstanding of $0.2 million and $40.0 million available borrowing capacity under the facility. Obligations under the Corporation Revolving Credit Facility are guaranteed by certain existing and future material domestic subsidiaries of the Corporation, excluding ESH REIT and its subsidiaries and subject to customary exceptions. The facility is secured, subject to certain exceptions, by a first priority security interest in substantially all of the assets of the Corporation and the guarantors. If obligations are outstanding under the facility during any fiscal quarter, the Corporation Revolving Credit Facility requires that the Consolidated Leverage Ratio, as defined, calculated as of the end of such fiscal quarter for any consecutive four quarter period, be less than or equal to 8.75 to 1.00 (the “Leverage Covenant,” subject to the Four Quarter Suspension Period, as defined below). The facility is also subject to a springing financial covenant whereby the senior loan-to-value ratio may not exceed 45% when the aggregate principal amount of borrowings and letters of credit under the Corporation Revolving Credit Facility, excluding up to $30.0 million of letters of credit, is equal to or greater than 25% of the aggregate available principal amount of the Corporation Revolving Credit Facility on the applicable fiscal quarter end date. In May 2020, the Company entered into an amendment to the Corporation Revolving Credit Facility and obtained a suspension of the Leverage Covenant from the beginning of the second quarter of 2020 through the end of the first quarter of 2021 (the “Four Quarter Suspension Period”). For the second quarter of 2021 through the fourth quarter of 2021, the leverage covenant calculation has been modified to use annualized EBITDA, as opposed to trailing twelve-month EBITDA. Additionally, the amendment provides for the Corporation to borrow up to $150.0 million from ESH REIT through an intercompany loan facility. Throughout the Four Quarter Suspension Period, the Company has agreed to maintain minimum liquidity of $150.0 million and to limit share repurchases and dividend payments made by the Corporation. Covenants The ESH REIT Credit Facilities, the 2027 Notes, the 2025 Notes, the Corporation Revolving Credit Facility and certain intercompany loan facilities contain a number of restrictive covenants that, among other things and subject to certain exceptions, limit the Corporation’s or ESH REIT’s ability and the ability of their respective subsidiaries to engage in certain transactions. In addition, the ESH REIT Revolving Credit Facility and the Corporation Revolving Credit Facility contain financial covenants that, subject to certain conditions, require compliance with certain senior loan-to-value and consolidated leverage ratios. The agreements governing the Corporation’s and ESH REIT’s indebtedness also contain certain customary representations and warranties, affirmative covenants and events of default, including, but not limited to, cross-defaults to certain other indebtedness and, in the case of the ESH REIT Credit Facilities and certain intercompany loan facilities, certain material operating leases and management agreements. As of March 31, 2021, the Corporation and ESH REIT were in compliance with all covenants under their respective debt agreements. The Company’s continued compliance with these covenants could be impacted by current or future economic conditions associated with the COVID-19 pandemic. The Company's failure to maintain compliance with its debt covenants or to pay debt obligations as they become due would give rise to a default under one or more of the agreements governing the Company's indebtedness, and could entitle the lenders under the defaulted agreements to accelerate the maturity of the amounts thereunder, which could raise substantial doubt about the Company's ability to continue as a going concern. The Company may seek additional covenant waivers or amendments, though there is no certainty that it would be successful in such efforts. Interest Expense, net —The components of net interest expense during the three months ended March 31, 2021 and 2020, are as follows (in thousands): Three Months Ended 2021 2020 Contractual interest, net (1) $ 29,067 $ 31,326 Amortization of deferred financing costs and debt discount 2,058 2,052 Other costs (2) 338 293 Interest income (1) (986) Total $ 31,462 $ 32,685 ______________________ (1) Net of capitalized interest of $0.4 million and $0.9 million, respectively. For the three months ended March 31, 2020, includes dividends on shares of mandatorily redeemable Corporation preferred stock. (2) Includes interest expense on finance leases (see Note 12) and unused facility fees. Fair Value of Debt —As of March 31, 2021 and December 31, 2020, the estimated fair value of the Company’s debt was $2.7 billion and $2.8 billion, respectively. Estimated fair values are determined by comparing current borrowing rates and risk spreads offered in the market (Level 2 fair value measures) or quoted market prices (Level 1 fair value measures), when available, to the stated interest rates and spreads on the Company’s debt. As of March 31, 2021 and December 31, 2020, the estimated fair value of the Corporation revolving credit facility was equal to its carrying value due to its short-term nature and frequent settlement.
ESH Hospitality, Inc.
Entity Information [Line Items]
DEBT	DEBT Summary —ESH REIT’s outstanding debt, net of unamortized debt discount and unamortized deferred financing costs, as of March 31, 2021 and December 31, 2020, consists of the following (dollars in thousands): Stated Carrying Amount Unamortized Deferred Financing Costs Loan March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $ 630,909 $ 619,847 (1) $ 621,351 (1) $ 7,348 $ 7,684 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,294,630 (4) 1,294,301 (4) 11,526 12,232 5.25% 5/1/2025 2027 Notes 750,000 750,000 750,000 11,439 11,879 4.63% 10/1/2027 Revolving credit facility ESH REIT Revolving Credit Facility 350,000 — — 1,923 (5) 2,061 (5) LIBOR (2) + 2.00% 9/18/2024 Unsecured intercompany facility ESH REIT Intercompany Facility 75,000 — — — — 5.00% 9/18/2026 Total $ 2,664,477 $ 2,665,652 $ 32,236 $ 33,856 _________________________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $1.6 million and $1.7 million as of March 31, 2021 and December 31, 2020, respectively. (2) As of March 31, 2021 and December 31, 2020, one-month LIBOR was 0.11% and 0.14%, respectively. As of March 31, 2021 and December 31, 2020, $50.0 million and $100.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required under the ESH REIT Term Facility. Annual mandatory prepayments for the year are due during the first quarter of the following year. No mandatory prepayments were required in the first quarter of 2021 based on ESH REIT’s Excess Cash Flow for the year ended December 31, 2020. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $5.4 million and $5.7 million as of March 31, 2021 and December 31, 2020, respectively. (5) Unamortized deferred financing costs related to the revolving credit facility are included in other assets in the accompanying condensed consolidated balance sheets. ESH REIT Credit Facilities ESH REIT’s credit agreement, as may be amended and supplemented from time to time, provides for senior secured credit facilities (collectively, the “ESH REIT Credit Facilities”) which consist of a $630.9 million senior secured term loan facility (the “ESH REIT Term Facility”) and a $350.0 million senior secured revolving credit facility (the “ESH REIT Revolving Credit Facility”). Subject to the satisfaction of certain criteria, borrowings under the ESH REIT Credit Facilities may be increased by an amount of up to $600.0 million, plus additional amounts, so long as, after giving effect to the incurrence of such incremental facility and the application of proceeds thereof, ESH REIT’s pro-forma senior loan-to-value ratio is less than or equal to 45%. ESH REIT Term Facility — The ESH REIT Term Facility bears interest at a rate equal to (i) LIBOR plus 1.75% for any period during which ESH REIT maintains a public corporate family rating better than or equal to BB (with a stable or better outlook) from S&P and Ba3 (with a stable or better outlook) from Moody’s (a “Level 1 Period”) or LIBOR plus 2.00% for any period other than a Level 1 Period; or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50% or (C) the one-month adjusted LIBOR rate plus 1.00%), plus 0.75% during a Level 1 Period or 1.00% for any period other than a Level 1 Period. ESH REIT has the option to prepay outstanding loans under the ESH REIT Term Facility without penalty. ESH REIT Revolving Credit Facility — Borrowings under the ESH REIT Revolving Credit Facility bear interest at a rate equal to (i) LIBOR plus a spread that ranges from 1.50% to 2.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined, or (ii) a base rate (determined by reference to the highest of (A) the prime lending rate, (B) the overnight federal funds rate plus 0.50%, or (C) the one-month adjusted LIBOR rate plus 1.00%) plus a spread that ranges from 0.50% to 1.00% based on ESH REIT’s Consolidated Total Net Leverage Ratio, as defined. ESH REIT incurs a fee of 0.30% or 0.175% on the unutilized revolver balance based on the amount outstanding under the facility. ESH REIT is also required to pay customary letter of credit fees and agency fees. The ESH REIT Revolving Credit Facility provides for the issuance of up to $50.0 million of letters of credit. As of March 31, 2021, ESH REIT had no letters of credit outstanding and available borrowing capacity of $350.0 million under the facility. ESH REIT 2025 Notes In May 2015 and March 2016, ESH REIT issued $500.0 million and $800.0 million, respectively, of its 5.25% senior notes due in May 2025 (the “2025 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, in private placements pursuant to Rule 144A of the Securities Act of 1933, as amended. ESH REIT may redeem the 2025 Notes at any time on or after May 1, 2020, in whole or in part, at a redemption price equal to 102.625% of the principal amount, declining annually to 100% of the principal amount from May 1, 2023 and thereafter, plus accrued and unpaid interest. Upon a Change of Control, as defined, holders of the 2025 Notes have the right to require ESH REIT to redeem the 2025 Notes at 101% of the principal amount, plus accrued and unpaid interest. ESH REIT 2027 Notes In September 2019, ESH REIT issued $750.0 million of its 4.625% senior notes due in 2027 (the “2027 Notes”) under an indenture with Deutsche Bank Trust Company Americas, as trustee, at a price equal to 100% of par value in a private placement pursuant to Rule 144A of the Securities Act of 1933, as amended. ESH REIT may redeem the 2027 Notes at any time on or after October 1, 2022, in whole or in part, at a redemption price equal to 102.313% of the principal amount, declining annually to 100% of the principal amount from October 1, 2024 and thereafter, plus accrued and unpaid interest. Prior to October 1, 2022, ESH REIT may redeem the 2027 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount, plus a “make-whole” premium, as defined, plus accrued and unpaid interest. Prior to October 1, 2022, subject to certain conditions, ESH REIT may redeem up to 35% of the aggregate principal amount of the 2027 Notes at a redemption price equal to 101% of the aggregate principal amount, plus accrued and unpaid interest, with the net cash proceeds from certain equity offerings, provided 65% of the original amount of the principal remains outstanding after the occurrence of each such redemption. Upon a Change of Control, as defined, holders of the 2027 Notes have the right to require ESH REIT to redeem the 2027 Notes at 101% of the principal amount, plus accrued and unpaid interest. ESH REIT Intercompany Facility In August 2016, ESH REIT, as borrower, and the Corporation, as lender, entered into an unsecured intercompany credit facility, as may be amended and supplemented from time to time (the “ESH REIT Intercompany Facility”). Under the ESH REIT Intercompany Facility, ESH REIT may borrow up to $300.0 million, plus additional amounts, in each case subject to certain conditions. Loans under the ESH REIT Intercompany Facility bear interest at an annual rate of 5.0%. ESH REIT has the option to prepay outstanding balances under the facility without penalty. As of March 31, 2021 and December 31, 2020, the amount outstanding under the facility was $0. Covenants The ESH REIT Credit Facilities, the 2027 Notes, the 2025 Notes, and the ESH REIT Intercompany Facility contain a number of restrictive covenants that, among other things and subject to certain exceptions, limit ESH REIT’s ability and the ability of its subsidiaries to engage in certain transactions. In addition, the ESH REIT Revolving Credit Facility contains a financial covenant that, subject to certain conditions, requires compliance with a certain senior loan-to-value ratio. The agreements governing ESH REIT’s indebtedness also contain certain customary representations and warranties, affirmative covenants and events of default, including, but not limited to, cross-defaults to certain other indebtedness and, in the case of the ESH REIT Credit Facilities and the ESH REIT Intercompany Facility, certain material operating leases and management agreements. As of March 31, 2021, ESH REIT was in compliance with all covenants under its debt agreements. ESH REIT’s continued compliance with these covenants could be impacted by current or future economic conditions associated with the COVID-19 pandemic. ESH REIT's failure to maintain compliance with its debt covenants or to pay debt obligations as they become due would give rise to a default under one or more of the agreements governing its indebtedness, and could entitle the lenders under the defaulted agreements to accelerate the maturity of the amounts thereunder, which could raise substantial doubt about ESH REIT's ability to continue as a going concern. ESH REIT may seek covenant waivers or amendments, though there is no certainty that it would be successful in such efforts. Interest Expense, net —The components of net interest expense during the three months ended March 31, 2021 and 2020, are as follows (in thousands): Three Months Ended March 31, 2021 2020 Contractual interest, net (1) $ 28,879 $ 31,090 Amortization of deferred financing costs and debt discount 2,023 2,022 Other costs (2) 327 262 Interest income (3) (94) (946) Total $ 31,135 $ 32,428 ______________________ (1) Net of capitalized interest of $0.4 million and $0.9 million, respectively. (2) Includes interest expense on finance leases (see Note 11) and unused facility fees. (3) For the three months ended March 31, 2021, includes unused facility income from the Corporation Intercompany Facility (see Note 10).

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	3 Months Ended
	Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS ESH REIT is a counterparty to a floating-to-fixed interest rate swap at a fixed rate of 1.175% and a floating rate of one-month LIBOR to manage its exposure to interest rate risk on a portion of the ESH REIT Term Facility. The notional amount of the interest rate swap as of March 31, 2021 was $50.0 million, and the swap matures in September 2021. For the three months ended March 31, 2021, the Company paid interest of $0.3 million, and for the three months ended March 31, 2020, the company received proceeds of $0.3 million that offset interest expense. As of March 31, 2021, $0.3 million of interest expense is expected to be recognized over the following six months until the swap's maturity. The table below presents the amounts and classification of the interest rate swap on the Company’s condensed consolidated financial statements (in thousands): Accrued liabilities Accumulated other comprehensive loss, net of tax Interest expense (income), net As of March 31, 2021 $ (268) $ (227) (1) As of December 31, 2020 $ (525) $ (445) (2) For the three months ended March 31, 2021 $ 262 For the three months ended March 31, 2020 $ (257) _______________________________ (1) Changes during the three months ended March 31, 2021, on a pre-tax basis, consisted of changes in fair value of $0.3 million. (2) Changes during the year ended December 31, 2020, on a pre-tax basis, consisted of changes in fair value of $(1.4) million.

DERIVATIVE INSTRUMENTS - REIT

DERIVATIVE INSTRUMENTS - REIT	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS ESH REIT is a counterparty to a floating-to-fixed interest rate swap at a fixed rate of 1.175% and a floating rate of one-month LIBOR to manage its exposure to interest rate risk on a portion of the ESH REIT Term Facility. The notional amount of the interest rate swap as of March 31, 2021 was $50.0 million, and the swap matures in September 2021. For the three months ended March 31, 2021, the Company paid interest of $0.3 million, and for the three months ended March 31, 2020, the company received proceeds of $0.3 million that offset interest expense. As of March 31, 2021, $0.3 million of interest expense is expected to be recognized over the following six months until the swap's maturity. The table below presents the amounts and classification of the interest rate swap on the Company’s condensed consolidated financial statements (in thousands): Accrued liabilities Accumulated other comprehensive loss, net of tax Interest expense (income), net As of March 31, 2021 $ (268) $ (227) (1) As of December 31, 2020 $ (525) $ (445) (2) For the three months ended March 31, 2021 $ 262 For the three months ended March 31, 2020 $ (257) _______________________________ (1) Changes during the three months ended March 31, 2021, on a pre-tax basis, consisted of changes in fair value of $0.3 million. (2) Changes during the year ended December 31, 2020, on a pre-tax basis, consisted of changes in fair value of $(1.4) million.
ESH Hospitality, Inc.
Entity Information [Line Items]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS ESH REIT is a counterparty to a floating-to-fixed interest rate swap at a fixed rate of 1.175% and a floating rate of one-month LIBOR to manage its exposure to interest rate risk on a portion of the ESH REIT Term Facility. The notional amount of the interest rate swap as of March 31, 2021 was $50.0 million, and the swap matures in September 2021. For the three months ended March 31, 2021, ESH REIT paid interest of $0.3 million, and for the three months ended March 31, 2020, ESH REIT received proceeds of $0.3 million that offset interest expense. As of March 31, 2021, $0.3 million of interest expense is expected to be recognized over the following six months until the swap's maturity. The table below presents the amounts and classification of the interest rate swap on ESH REIT’s condensed consolidated financial statements (in thousands): Accrued liabilities Accumulated other comprehensive loss, net of tax Interest expense (income), net As of March 31, 2021 $ (268) $ (268) (1) As of December 31, 2020 $ (525) $ (526) (2) For the three months ended March 31, 2021 $ 262 For the three months ended March 31, 2020 $ (257) _______________________________ (1) Changes during the three months ended March 31, 2021, on a pre-tax basis, consisted of changes in fair value of $0.3 million. (2) Changes during the year ended December 31, 2020, on a pre-tax basis, consisted of changes in fair value of $(1.4) million.

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	3 Months Ended
	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	REVENUE FROM CONTRACTS WITH CUSTOMERS Disaggregation of Revenue The following table disaggregates room revenues from owned hotels by booking source for the three months ended March 31, 2021 and 2020 (in thousands): Three Months Ended 2021 2020 Property direct $ 68,052 $ 60,024 Central call center 77,980 77,191 Proprietary website 53,589 52,939 Third-party intermediaries 44,929 57,820 Travel agency global distribution systems 5,318 6,490 Total room revenues from owned hotels (1) $ 249,868 $ 254,464 _________________________________ (1) In addition to room revenues, the Company’s owned hotels earned $6.7 million and $6.8 million of other hotel revenues during the three months ended March 31, 2021 and 2020, respectively. The following table disaggregates room revenues from owned hotels by length of guest stay for the three months ended March 31, 2021 and 2020 (in thousands): Three Months Ended 2021 2020 1-6 nights $ 64,288 $ 84,594 7-29 nights 55,053 54,831 30+ nights 130,527 115,039 Total room revenues from owned hotels (1) $ 249,868 $ 254,464 _________________________________ (1) In addition to room revenues, the Company’s owned hotels earned $6.7 million and $6.8 million of other hotel revenues during the three months ended March 31, 2021 and 2020, respectively. The following table disaggregates revenues from franchised and managed hotels for the three months ended March 31, 2021 and 2020 (in thousands): Three Months Ended 2021 2020 Management fees (1) $ — $ 235 Franchise fees 1,218 1,044 Indirect reimbursements (system service fees) 1,471 1,190 Direct reimbursements 334 2,600 Total revenues from franchised and managed hotels $ 3,023 $ 5,069 _________________________________ (1) The Company previously managed 25 hotels for a third-party franchise owner. The term of the management agreement for those 25 hotels expired on December 31, 2020. Outstanding Contract Liabilities Contract liabilities relate to advance deposits with respect to owned hotels and, with respect to franchised hotels, advance consideration received, such as initial franchise fees paid when a franchise agreement is executed and certain system implementation fees paid at the time of installation. Contract liabilities are included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets. The following table presents changes in outstanding contract liabilities as of March 31, 2021 and 2020 (in thousands): Three Months Ended 2021 2020 Contract liabilities - beginning of period $ 17,197 $ 16,111 Contract liabilities - end of period $ 17,687 $ 16,231 Portion of beginning balance recognized as revenue during the period $ 10,422 $ 10,172 Performance Obligations As of March 31, 2021, $12.4 million of outstanding contract liabilities related to owned hotels and $5.3 million related to franchised hotels. The Company does not estimate revenues expected to be recognized related to unsatisfied performance obligations for royalty fees, system service fees or management fees, as they are considered either sales-based fees or allocated to wholly unsatisfied performance obligations in a series. Performance obligations related to owned hotels are expected to be satisfied within less than one year. Performance obligations related to third-party owned (i.e., franchised) hotels are expected to be satisfied over the term of the respective franchise agreements, which are typically 20 years.

SEGMENTS

SEGMENTS	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
SEGMENTS	SEGMENTS The Company’s operating segments are components of the business which are managed discretely and for which discrete financial information is reviewed regularly by its chief operating decision maker to assess performance and make decisions regarding the allocation of resources. The Company’s operating and reportable segments are defined as follows: • Owned Hotels —Earnings are derived from the operation of Company-owned hotel properties and include room and other hotel revenues. • Franchise and management —Earnings are derived from fees under franchise and management agreements with third parties. These contracts provide the Company the ability to earn compensation for licensing the Extended Stay America brand name, providing access to shared system-wide platforms and/or management services. The performance of the Company’s operating segments is evaluated primarily on income from operations. Selected financial data is provided below (in thousands): Three Months Ended 2021 2020 Revenues: Owned hotels $ 256,548 $ 261,232 Franchise and management (1) 1,981 2,062 Total segment revenues 258,529 263,294 Corporate and other (2) 18,109 19,992 Other revenues from franchised and managed properties (3) 1,805 3,790 Intersegment eliminations (4) (18,872) (20,775) Total $ 259,571 $ 266,301 Income from operations: Owned hotels (5) $ 56,763 $ 48,551 Franchise and management (1) 1,981 2,062 Total segment income from operations 58,744 50,613 Corporate and other (2) (13,611) (7,853) Other expenses from franchised and managed properties, net (3) (639) (417) Total $ 44,494 $ 42,343 _________________________________ (1) Includes intellectual property fees charged to the owned hotels segment of $0.8 million for the three months ended March 31, 2021 and 2020, that are eliminated in the condensed consolidated statements of operations. (2) Includes revenues generated and operating expenses incurred in connection with the overall support of owned, franchised and managed hotels and related operations. Corporate and other revenues are comprised of management fees earned by and cost reimbursements charged to the owned hotels segment that are eliminated in the condensed consolidated statements of operations. (3) Includes direct reimbursement of specific costs incurred under franchise and management agreements that the Company is reimbursed for on a dollar-for-dollar basis as well as indirect reimbursement of certain costs incurred associated with the Company’s shared platform (i.e., system services, see Note 2). (4) Includes management fees, intellectual property fees and other cost reimbursements charged to the owned hotels segment that are eliminated in the condensed consolidated statements of operations. (5) Includes gain on sale of hotel properties of $12.0 million for the three months ended March 31, 2021. Total assets for each of the Company’s operating segments are provided below (in thousands): March 31, 2021 December 31, 2020 Assets: Owned hotels $ 3,809,233 $ 3,802,896 Franchise and management 13,400 13,319 Total segment assets 3,822,633 3,816,215 Corporate and other 199,003 274,039 Intersegment eliminations (1,288) (1,105) Total $ 4,020,348 $ 4,089,149 Total capital expenditures for each of the Company's operating segments are provided below (in thousands): Three Months Ended 2021 2020 Capital expenditures: Owned hotels $ 28,607 $ 54,368 Corporate and other 1,829 211 Total $ 30,436 $ 54,579

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Corporation’s taxable income includes the taxable income of its wholly-owned subsidiaries and distribution income related to its ownership of 58% of ESH REIT. ESH REIT has elected to be taxed as and expects to continue to qualify as a real estate investment trust (“REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding net capital gain, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. ESH REIT intends to distribute its taxable income to the extent necessary to optimize its tax efficiency including, but not limited to, maintaining its REIT status, while retaining sufficient capital for its ongoing needs. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. The Company recorded a provision for federal, state and foreign income taxes of $0.8 million, an effective tax rate of 5.7%, for the three months ended March 31, 2021, as compared to a provision of $1.1 million, an effective tax rate of 12.4%, for the three months ended March 31, 2020. The Company's effective rate differs from the federal statutory rate of 21% due to ESH REIT's status as a REIT under the provisions of the Code. The Company's income tax returns for the years 2017 to present are subject to examination by the Internal Revenue Service (“IRS”) and other taxing authorities. As of March 31, 2021, a subsidiary of ESH REIT was under examination by the Canadian Revenue Agency for the tax years 2014 through 2017. As this audit is still in process, the timing of the resolution and any payments that may be required cannot be determined at this time. The Company believes that, to the extent a liability may exist, it is not material as of March 31, 2021.

INCOME TAXES - REIT

INCOME TAXES - REIT	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
INCOME TAXES	INCOME TAXES The Corporation’s taxable income includes the taxable income of its wholly-owned subsidiaries and distribution income related to its ownership of 58% of ESH REIT. ESH REIT has elected to be taxed as and expects to continue to qualify as a real estate investment trust (“REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding net capital gain, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. ESH REIT intends to distribute its taxable income to the extent necessary to optimize its tax efficiency including, but not limited to, maintaining its REIT status, while retaining sufficient capital for its ongoing needs. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions, and is subject to federal income and excise taxes on undistributed income. The Company recorded a provision for federal, state and foreign income taxes of $0.8 million, an effective tax rate of 5.7%, for the three months ended March 31, 2021, as compared to a provision of $1.1 million, an effective tax rate of 12.4%, for the three months ended March 31, 2020. The Company's effective rate differs from the federal statutory rate of 21% due to ESH REIT's status as a REIT under the provisions of the Code. The Company's income tax returns for the years 2017 to present are subject to examination by the Internal Revenue Service (“IRS”) and other taxing authorities. As of March 31, 2021, a subsidiary of ESH REIT was under examination by the Canadian Revenue Agency for the tax years 2014 through 2017. As this audit is still in process, the timing of the resolution and any payments that may be required cannot be determined at this time. The Company believes that, to the extent a liability may exist, it is not material as of March 31, 2021.
ESH Hospitality, Inc.
Entity Information [Line Items]
INCOME TAXES	INCOME TAXESESH REIT has elected to be taxed as and expects to continue to qualify as a real estate investment trust (“REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (“the Code”). A REIT is a legal entity that holds real estate assets and is generally not subject to federal and state income taxes. In order to maintain qualification as a REIT, ESH REIT is required to distribute at least 90% of its taxable income, excluding net capital gain, to its shareholders each year. In addition, ESH REIT must meet a number of complex organizational and operational requirements. If ESH REIT were to fail to qualify as a REIT in any taxable year, it would be subject to federal income taxes at regular corporate rates and generally would be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which it lost its REIT qualification. ESH REIT intends to distribute its taxable income to the extent necessary to optimize its tax efficiency including, but not limited to, maintaining its REIT status, while retaining sufficient capital for its ongoing needs. Even in qualifying as a REIT, ESH REIT may be subject to state and local taxes in certain jurisdictions and is subject to federal income and excise taxes on undistributed income. ESH REIT recorded a provision for state income taxes of less than $0.1 million, an effective tax rate of 0.1%, for each of the three months ended March 31, 2021 and 2020. ESH REIT's tax rate differs from the federal statutory rate of 21% due to its status as a REIT under the provisions of the Code. ESH REIT’s income tax returns for the years 2017 to present are subject to examination by the Internal Revenue Service and other taxing authorities. As of March 31, 2021, a subsidiary of ESH REIT was under examination by the Canadian Revenue Agency for the tax years 2014 through 2017. As this audit is still in process, the timing of the resolution and any payments that may be required cannot be determined at this time. ESH REIT believes that, to the extent a liability may exist, it is not material as of March 31, 2021.

RELATED PARTY TRANSACTIONS - RE

RELATED PARTY TRANSACTIONS - REIT	3 Months Ended
	Mar. 31, 2021
ESH Hospitality, Inc.
Entity Information [Line Items]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Revenues and Expenses Leases and Rental Revenues— All revenues are generated as a result of, and earned from, three operating leases with related parties. The counterparty to each lease agreement is a subsidiary of the Corporation. Fixed and variable rental revenues for the three months ended March 31, 2021 and 2020 are as follows (in thousands): Three Months Ended 2021 2020 Fixed rental revenues $ 120,392 $ 119,190 Variable rental revenues (1) — — _________________________________ (1) Regardless of whether cash rental payments are received, ESH REIT only recognizes revenue when a lessee’s revenue exceeds specific thresholds stated in the lease. Each lease agreement has a five-year term that expires in October 2023 and contains an automatic five-year renewal, unless lessee provides notice that it will not renew no later than thirty months prior to expiration. Upon renewal, minimum and percentage rents will be adjusted to reflect then-current market terms. Future fixed rental payments to be received under current remaining noncancellable lease terms are as follows (in thousands): Years Ending December 31, Remainder of 2021 $ 362,564 2022 496,448 2023 424,031 Total $ 1,283,043 Overhead Expenses— The Corporation incurs costs under a services agreement between the Corporation and ESH REIT for certain overhead services performed on each entities’ behalf. The services relate to executive management, accounting, financial analysis, training and technology. For the three months ended March 31, 2021 and 2020, ESH REIT incurred $2.5 million and $2.9 million, respectively, related to these services, which is included in general and administrative expenses in the accompanying condensed consolidated statements of operations. Expenses incurred under this services agreement also include expenses related to certain employees that participate in the Corporation’s long-term incentive plan. Such charges were $0.2 million for each of the three months ended March 31, 2021 and 2020. Capital Transactions Corporation Intercompany Facility— In July 2020, the Corporation, as borrower, and ESH REIT, as lender, entered into an unsecured credit facility (the “Corporation Intercompany Facility”). Under the Corporation Intercompany Facility, the Corporation may borrow up to $150.0 million. Loans under the facility bear interest at an annual rate of 4.5%. In addition to paying interest on outstanding principal, the Corporation is required to pay a commitment fee to ESH REIT of 0.25% on the unutilized facility balance. There is no scheduled amortization under the facility and the facility matures on July 2, 2025. Obligations under the Corporation Intercompany Facility and guarantees thereof are unsecured and fully subordinated to the obligations of the Corporation under its revolving credit facility. The Corporation has the option to prepay outstanding balances under the facility without penalty. As of March 31, 2021, the outstanding balance under the facility was $0. For the three months ended March 31, 2021, ESH REIT recognized interest income of $0.1 million related to the unused facility balance (see Note 7). ESH REIT Intercompany Facility— As of March 31, 2021 and December 31, 2020, there were no outstanding balances owed by ESH REIT to the Corporation under the ESH REIT Intercompany Facility, and ESH REIT incurred no interest expense during each of the three months ended March 31, 2021 and 2020 related to the ESH REIT Intercompany Facility. ESH REIT is able to borrow under the ESH REIT Intercompany Facility up to $300.0 million, plus additional amounts, in each case subject to certain conditions (see Note 7). Distributions— During the three months ended March 31, 2021, ESH REIT paid distributions of $110.2 million to the Corporation in respect of the Class A common stock of ESH REIT. The distributions paid included an $87.7 million distribution that as of December 31, 2020, was declared and payable to the Corporation and was included in Due to Extended Stay America, Inc. on the condensed consolidated balance sheet as of December 31, 2020. Issuance of Common Stock— During each of the three months ended March 31, 2021 and 2020, ESH REIT was compensated $1.0 million and $0.7 million, respectively, for the issuance of 0.2 million shares of Class B common stock, each of which was attached to a share of Corporation common stock to form a Paired Share, used to settle vested RSUs. As of March 31, 2021, the Corporation has granted a total of 1.4 million RSUs whereby, as a counterparty to these outstanding RSUs, ESH REIT is expected to issue and be compensated in cash for 1.4 million shares of Class B common stock of ESH REIT in future periods, assuming market-based awards vest at 100% and no forfeitures. Related Party Transaction Balances Related party transaction balances as of March 31, 2021 and December 31, 2020, include the following (in thousands): March 31, December 31, Leases: Rents receivable (1) $ 11,108 $ 3,941 Deferred rents receivable (2) $ 38,536 $ 39,135 Unearned rental revenues (1) $ (23,743) $ — Working capital and other: Ordinary working capital (3) $ (5,640) $ (5,806) Equity awards receivable (4) 235 688 Distribution payable (5) — (87,673) Total working capital and other, net (6) $ (5,405) $ (92,791) ______________________ (1) Rents receivable relate to percentage rents. As of March 31, 2021 and December 31, 2020, unearned rental revenues related to percentage rent. (2) Revenues recognized in excess of cash rents received. (3) Disbursements and/or receipts made by the Corporation or ESH REIT on the other entity’s behalf and amounts payable/receivable for certain transactions between the Corporation and ESH REIT. Includes overhead costs incurred by the Corporation on ESH REIT’s behalf. (4) Amounts related to restricted stock units not yet settled or issued. (5) Distribution declared in December 2020 and paid in January 2021.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses and operating lease costs related to the Company’s office lease are included in general and administrative expenses in the condensed consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the condensed consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the condensed consolidated balance sheets (see Note 5). The Company has no variable lease costs or short-term leases. For the three months ended March 31, 2021 and 2020, the components of the Company’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 869 $ 769 Finance lease costs 125 61 Total lease costs $ 994 $ 830 The Company’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 5,390 $ 2,538 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 13,304 10,442 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets. Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 2,358 $ 297 2022 3,449 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 84,456 $ 5,052 Total discounted lease liability $ 13,304 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,152 $ 1,441 Weighted-average remaining lease term 41 years 10 years Weighted-average discount rate 5.3 % 6.6 % The Company’s leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of March 31, 2021, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of March 31, 2021, the Company had one outstanding letter of credit, issued by the Corporation, for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of March 31, 2021, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval, and the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding the one lawsuit described below, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the three months ended December 31, 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s condensed consolidated financial statements, results of operations or liquidity in a future period. The Company believes that it has meritorious defenses and is prepared to vigorously defend the lawsuit.
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses and operating lease costs related to the Company’s office lease are included in general and administrative expenses in the condensed consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the condensed consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the condensed consolidated balance sheets (see Note 5). The Company has no variable lease costs or short-term leases. For the three months ended March 31, 2021 and 2020, the components of the Company’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 869 $ 769 Finance lease costs 125 61 Total lease costs $ 994 $ 830 The Company’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 5,390 $ 2,538 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 13,304 10,442 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets. Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 2,358 $ 297 2022 3,449 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 84,456 $ 5,052 Total discounted lease liability $ 13,304 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,152 $ 1,441 Weighted-average remaining lease term 41 years 10 years Weighted-average discount rate 5.3 % 6.6 % The Company’s leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of March 31, 2021, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of March 31, 2021, the Company had one outstanding letter of credit, issued by the Corporation, for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of March 31, 2021, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval, and the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding the one lawsuit described below, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the three months ended December 31, 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s condensed consolidated financial statements, results of operations or liquidity in a future period. The Company believes that it has meritorious defenses and is prepared to vigorously defend the lawsuit.
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses and operating lease costs related to the Company’s office lease are included in general and administrative expenses in the condensed consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the condensed consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the condensed consolidated balance sheets (see Note 5). The Company has no variable lease costs or short-term leases. For the three months ended March 31, 2021 and 2020, the components of the Company’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 869 $ 769 Finance lease costs 125 61 Total lease costs $ 994 $ 830 The Company’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 5,390 $ 2,538 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 13,304 10,442 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets. Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 2,358 $ 297 2022 3,449 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 84,456 $ 5,052 Total discounted lease liability $ 13,304 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,152 $ 1,441 Weighted-average remaining lease term 41 years 10 years Weighted-average discount rate 5.3 % 6.6 % The Company’s leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of March 31, 2021, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of March 31, 2021, the Company had one outstanding letter of credit, issued by the Corporation, for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of March 31, 2021, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval, and the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding the one lawsuit described below, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the three months ended December 31, 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s condensed consolidated financial statements, results of operations or liquidity in a future period. The Company believes that it has meritorious defenses and is prepared to vigorously defend the lawsuit.

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - REIT	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses and operating lease costs related to the Company’s office lease are included in general and administrative expenses in the condensed consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the condensed consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the condensed consolidated balance sheets (see Note 5). The Company has no variable lease costs or short-term leases. For the three months ended March 31, 2021 and 2020, the components of the Company’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 869 $ 769 Finance lease costs 125 61 Total lease costs $ 994 $ 830 The Company’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 5,390 $ 2,538 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 13,304 10,442 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets. Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 2,358 $ 297 2022 3,449 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 84,456 $ 5,052 Total discounted lease liability $ 13,304 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,152 $ 1,441 Weighted-average remaining lease term 41 years 10 years Weighted-average discount rate 5.3 % 6.6 % The Company’s leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of March 31, 2021, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of March 31, 2021, the Company had one outstanding letter of credit, issued by the Corporation, for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of March 31, 2021, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval, and the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding the one lawsuit described below, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the three months ended December 31, 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s condensed consolidated financial statements, results of operations or liquidity in a future period. The Company believes that it has meritorious defenses and is prepared to vigorously defend the lawsuit.
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses and operating lease costs related to the Company’s office lease are included in general and administrative expenses in the condensed consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the condensed consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the condensed consolidated balance sheets (see Note 5). The Company has no variable lease costs or short-term leases. For the three months ended March 31, 2021 and 2020, the components of the Company’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 869 $ 769 Finance lease costs 125 61 Total lease costs $ 994 $ 830 The Company’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 5,390 $ 2,538 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 13,304 10,442 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets. Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 2,358 $ 297 2022 3,449 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 84,456 $ 5,052 Total discounted lease liability $ 13,304 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,152 $ 1,441 Weighted-average remaining lease term 41 years 10 years Weighted-average discount rate 5.3 % 6.6 % The Company’s leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of March 31, 2021, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of March 31, 2021, the Company had one outstanding letter of credit, issued by the Corporation, for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of March 31, 2021, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval, and the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding the one lawsuit described below, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the three months ended December 31, 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s condensed consolidated financial statements, results of operations or liquidity in a future period. The Company believes that it has meritorious defenses and is prepared to vigorously defend the lawsuit.
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Lease Commitments —The Company is a tenant under long-term ground leases at five of its hotel properties. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses and operating lease costs related to the Company’s office lease are included in general and administrative expenses in the condensed consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the condensed consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the condensed consolidated balance sheets (see Note 5). The Company has no variable lease costs or short-term leases. For the three months ended March 31, 2021 and 2020, the components of the Company’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 869 $ 769 Finance lease costs 125 61 Total lease costs $ 994 $ 830 The Company’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 5,390 $ 2,538 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 13,304 10,442 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets. Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 2,358 $ 297 2022 3,449 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 84,456 $ 5,052 Total discounted lease liability $ 13,304 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,152 $ 1,441 Weighted-average remaining lease term 41 years 10 years Weighted-average discount rate 5.3 % 6.6 % The Company’s leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of March 31, 2021, the Company does not have any material leases that have not yet commenced. Letter of Credit —As of March 31, 2021, the Company had one outstanding letter of credit, issued by the Corporation, for $0.2 million, which is collateralized by the Corporation Revolving Credit Facility. Legal Contingencies —As of March 31, 2021, six purported class action lawsuits in California have been filed against the Company. The complaints allege, among other things, failure to provide meal and rest periods, wage and hour violations and violations of the Fair Credit Reporting Act. The complaints seek, among other relief, collective and class certification of the lawsuits, unspecified damages, costs and expenses, including attorneys’ fees, and such other relief as the court might find just and proper. With respect to the Fair Credit Reporting Act violations alleged in the lawsuits described above, the parties reached a tentative settlement agreement in May 2019, which is subject to certain conditions, including court approval, and the Company recorded a payable and a corresponding insurance receivable for the amount of the tentative settlement. The expected resolution of the alleged Fair Credit Reporting Act violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to the meal and rest period and the wage and hour violations alleged in the lawsuits described above, excluding the one lawsuit described below, the parties reached a tentative settlement agreement in January 2020, which is subject to certain conditions, including court approval. During the three months ended December 31, 2019, the Company incurred a loss and recorded a charge equal to the amount of the tentative settlement. The expected resolution of the alleged meal and rest period and wage and hour violations in the lawsuits did not have, and is not expected to have, a material adverse impact on the Company’s condensed consolidated financial statements, results of operations or liquidity. With respect to one lawsuit, although the Company believes it is reasonably possible that it may incur losses associated with such matter, it is not possible to estimate the amount of loss or range of loss, if any, that might result from adverse judgments, settlements or other resolution based on the early stage of the lawsuit, the uncertainty as to the certification of a class or classes and the size of any certified class, if applicable, and the lack of resolution of significant factual and legal issues. However, depending on the amount and timing, an unfavorable resolution of the lawsuit or a change in the Company's assessment of the likelihood of loss could have a material adverse effect on the Company’s condensed consolidated financial statements, results of operations or liquidity in a future period. The Company believes that it has meritorious defenses and is prepared to vigorously defend the lawsuit.
ESH Hospitality, Inc.
Entity Information [Line Items]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Lease Commitments —ESH REIT is a tenant under long-term ground leases at five of its hotel properties. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses in the condensed consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the condensed consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the condensed consolidated balance sheets (see Note 5). ESH REIT has no variable lease costs or short-term leases. For the three months ended March 31, 2021 and 2020, components of ESH REIT’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 326 $ 326 Finance lease costs 125 61 Total lease costs $ 451 $ 387 ESH REIT’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 1,335 $ 1,388 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 8,989 9,036 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets. Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 588 $ 297 2022 806 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 80,043 $ 5,052 Total discounted lease liability $ 8,989 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,054 $ 1,441 Weighted-average remaining lease term 60 years 10 years Weighted-average discount rate 6.6 % 6.6 % ESH REIT’s leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of March 31, 2021, ESH REIT does not have any material leases that have not yet commenced. Legal Contingencies —ESH REIT is not a party to any litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of its business. ESH REIT believes that the results of all
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Lease Commitments —ESH REIT is a tenant under long-term ground leases at five of its hotel properties. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses in the condensed consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the condensed consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the condensed consolidated balance sheets (see Note 5). ESH REIT has no variable lease costs or short-term leases. For the three months ended March 31, 2021 and 2020, components of ESH REIT’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 326 $ 326 Finance lease costs 125 61 Total lease costs $ 451 $ 387 ESH REIT’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 1,335 $ 1,388 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 8,989 9,036 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets. Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 588 $ 297 2022 806 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 80,043 $ 5,052 Total discounted lease liability $ 8,989 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,054 $ 1,441 Weighted-average remaining lease term 60 years 10 years Weighted-average discount rate 6.6 % 6.6 % ESH REIT’s leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of March 31, 2021, ESH REIT does not have any material leases that have not yet commenced. Legal Contingencies —ESH REIT is not a party to any litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of its business. ESH REIT believes that the results of all
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Lease Commitments —ESH REIT is a tenant under long-term ground leases at five of its hotel properties. Three of these leases are operating leases and two are finance leases. The ground lease agreements terminate at various dates between 2023 and 2096 and several of the agreements include multiple renewal options for generally five ten Operating lease costs related to ground leases are included in hotel operating expenses in the condensed consolidated statements of operations. Finance lease interest costs are included in interest expense, net in the condensed consolidated statements of operations (see Note 7) or, when pertaining to assets under development, are capitalized and included in property and equipment, net on the condensed consolidated balance sheets (see Note 5). ESH REIT has no variable lease costs or short-term leases. For the three months ended March 31, 2021 and 2020, components of ESH REIT’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 326 $ 326 Finance lease costs 125 61 Total lease costs $ 451 $ 387 ESH REIT’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 1,335 $ 1,388 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 8,989 9,036 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets. Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 588 $ 297 2022 806 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 80,043 $ 5,052 Total discounted lease liability $ 8,989 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,054 $ 1,441 Weighted-average remaining lease term 60 years 10 years Weighted-average discount rate 6.6 % 6.6 % ESH REIT’s leases do not contain residual value guarantees and do not contain restrictions with respect to incurring additional financial obligations or paying dividends. As of March 31, 2021, ESH REIT does not have any material leases that have not yet commenced. Legal Contingencies —ESH REIT is not a party to any litigation or claims, other than routine matters arising in the ordinary course of business that are incidental to the operation of its business. ESH REIT believes that the results of all

EQUITY-BASED COMPENSATION

EQUITY-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2021
Share-based Payment Arrangement [Abstract]
EQUITY-BASED COMPENSATION	EQUITY-BASED COMPENSATION The Corporation and ESH REIT each maintain a long-term incentive plan (“LTIP”), approved by their shareholders. Under each LTIP, the Corporation and ESH REIT may issue to eligible employees or directors restricted stock units (“RSUs”) or other equity-based awards in respect of Paired Shares with service, performance or market vesting conditions. The aggregate number of Paired Shares that may be the subject of awards under the LTIPs shall not exceed 8.0 million, of which no more than 4.0 million may be granted as incentive stock options. Each of the Corporation’s and ESH REIT’s LTIPs has a share reserve of an equivalent number of shares of Corporation common stock and ESH REIT Class B common stock. As of March 31, 2021, 4.4 million Paired Shares were available for future issuance under the LTIPs. Equity-based compensation expense is recognized by amortizing the grant-date fair value on a straight-line basis over the requisite service period of each award. A portion of the grant-date fair value of all equity-based awards is allocated to a share of Corporation common stock and a portion is allocated to a share of ESH REIT Class B common stock. Equity-based compensation expense, which is included in general and administrative expenses in the accompanying condensed consolidated statements of operations, was $2.3 million and $1.1 million for the three months ended March 31, 2021 and 2020, respectively. As of March 31, 2021, unrecognized compensation expense related to outstanding equity-based awards and the related weighted-average period over which it is expected to be recognized subsequent to March 31, 2021, is presented in the following table. Total unrecognized compensation expense will be adjusted for forfeitures as they occur. Unrecognized Compensation Expense Related to Outstanding Awards (in thousands) Remaining Weighted-Average Amortization Period (in years) RSUs with service vesting conditions $ 9,579 2.0 RSUs with market vesting conditions 5,269 2.3 Total unrecognized compensation expense $ 14,848 RSU activity during the three months ended March 31, 2021, was as follows: Service-Based Awards Performance-Based Awards - Number of Weighted- Number of Weighted- Outstanding at January 1, 2021 986 $ 14.26 376 $ 12.96 Granted 183 $ 15.12 211 $ 17.26 Settled (217) $ 15.43 (39) $ 17.41 Forfeited (31) $ 15.23 (35) $ 13.34 Outstanding at March 31, 2021 921 $ 14.63 513 $ 14.37 Vested at March 31, 2021 117 $ 14.46 — $ — Nonvested at March 31, 2021 804 $ 14.65 513 $ 14.37 The grant-date fair value of awards with service vesting conditions is based on the closing price of a Paired Share on the date of grant. Service-based awards vest over a period of one Expected holding period 3.0 years Risk–free rate of return 0.17 % Expected dividend yield 3.17 %

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Interim Presentation	Interim Presentation— Certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP have been condensed or omitted in the accompanying condensed consolidated financial statements. The Company believes the disclosures made are adequate to prevent the information presented from being misleading. However, the condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements as of and for the year ended December 31, 2020 included in the combined annual report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on February 25, 2021. The accompanying condensed consolidated financial statements reflect all adjustments (consisting only of normal and recurring items) necessary to present fairly the Company’s financial position as of March 31, 2021, the results of the Company’s operations, comprehensive income, changes in equity and cash flows for the three months ended March 31, 2021 and 2020. Interim results are not necessarily indicative of full year performance because of the impact of seasonal, short-term or other market variations, including the impact of the COVID-19 pandemic, as well as the impact of hotel acquisitions and dispositions, renovations and capital transactions.
Use of Estimates	Use of Estimates —The preparation of the accompanying condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment and estimated liabilities for insurance reserves and income taxes. Actual results could differ from those estimates.
Property and Equipment	Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over estimated useful lives which range from 1 to 49 years. Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires significant judgment. The Company reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, hotel property EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, economic environment, regulatory environment or primary use, including the evaluation of the asset for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on significant judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; in particular, the effects of the COVID-19 pandemic could cause economic and market conditions to deteriorate, and if this occurs, or if the Company's expected holding period for real estate assets changes, the Company may recognize impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets.
Intangible Assets and Goodwill	Intangible Assets —Intangible assets include trademarks, corporate customer relationships and software development and licenses related to certain internal-use software. Corporate customer relationships and software development and licenses are amortized using the straight-line method over their estimated useful lives; the estimated useful life of customer relationships and software development is 20 and five years, respectively, and the estimated useful life of software licenses is the remaining non-cancellable term of each respective contract. Trademarks are not amortized. Definite-lived intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Indefinite-lived intangible assets, are reviewed for impairment quarterly, and the Company tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. At such time their classification as indefinite-lived intangible assets is reassessed, the Company first assesses qualitative factors to determine if it is more likely than not that the fair value of its indefinite-lived intangible assets is less than its carrying amount. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to intangible assets in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends. Goodwill —Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of the Company's predecessor in 2010. Goodwill is reviewed for impairment quarterly and more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. The Company has two reportable operating segments, owned hotels and franchise and management. There is no goodwill associated with the Company's franchise and management segment. As a result, management only analyzes goodwill associated with owned hotels when analyzing for potential impairment. The Company first assesses qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to goodwill in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends.
Revenue from Owned and Operated Hotels	Revenue from Owned and Operated Hotels — Revenue generated from owned and operated hotels consists of room and other hotel revenues recognized when services are provided. When a reservation is made, the Company deems that the parties have approved a contract in accordance with customary business practices and are committed to perform their respective obligations. At such time, each party’s rights regarding the services to be transferred are identified, payment terms are specified, the contract has commercial substance and, in most instances, it is probable the Company will collect substantially all consideration to which it will be entitled in exchange for services. Each room night consumed by a guest with a cancellable reservation represents a contract whereby the Company has a performance obligation to provide the room night at an agreed upon price. For cancellable reservations, the Company recognizes revenue as each performance obligation (i.e., each room night) is met. Such contract is renewed if the guest continues their stay. If at any time during a guest’s stay the Company believes it is not probable it will collect substantially all consideration to which it will be entitled, revenue is recognized on a cash basis until such time as collection is considered probable. For room nights consumed by a guest with a non-cancellable reservation, the entire reservation period represents the contract term whereby the Company has a performance obligation to provide the room night or nights at an agreed upon price. For non-cancellable reservations, the Company recognizes revenue over the term of the performance period (i.e., the reservation period) as room nights are consumed. For these reservations, the room rate is typically fixed over the reservation period. The Company uses an output method based on performance completed to date (i.e., room nights consumed) to determine the amount of revenue it recognizes on a daily basis if the length of a non-cancellable reservation exceeds one night since consumption of room nights indicates when services are transferred to the guest. In certain instances, variable consideration may exist with respect to the transaction price, such as discounts, coupons and price concessions made upon guest checkout. In evaluating its performance obligation, the Company bundles the obligation to provide the guest the room itself with other obligations (such as free WiFi, access to on-site laundry facilities and parking), as the other obligations are not distinct and separable because the guest cannot benefit from the additional amenities without the consumed room night. The Company’s obligation to provide the additional items or services is not separately identifiable from the fundamental contractual obligation (i.e., providing the room and its contents). The Company has no performance obligations once a guest’s stay is complete. Certain revenues are generated through third-party intermediaries or distribution channels (i.e., online travel agents). Regardless of the basis on which the Company is compensated (i.e., gross or net), the Company is responsible for fulfilling the promise to provide the hotel room and related services to the guest and retains inventory risk. Since the Company controls the inventory and services provided and because third-party intermediaries are typically not contractually required to guarantee room night consumption, the Company is the principal in these transactions. As such, the Company is required to record revenue at an amount equal to the price charged to the guest (i.e., on a gross basis). Third-party intermediaries that pay the Company directly (i.e., on a net basis) typically charge the guest additional fees, blend the room offering with other offerings at amounts which are not allocable and may adjust the price without the Company’s approval. As such, the Company is unable to calculate the room rate charged to the guest. Since any estimate the Company would make has significant uncertainty that ultimately would not be resolved, despite its role as principal, in these instances the Company records revenue equal to the amount paid by the third-party intermediaries (i.e., the net amount). Revenue from Franchise and Management Fees — Revenue generated from franchise and management fees consists of the following: • Franchise fees, which consist of an initial fee and an ongoing royalty fee based on a percentage of a hotel’s monthly revenue in exchange for the access to and use of the Company’s brand name and other intellectual property. Initial fees are deferred and recognized over the expected contract or customer life. Royalty fees are recognized over time as franchisees derive value from the license to use the intellectual property. • Management fees, which consist of an ongoing base fee calculated as a percentage of a hotel’s monthly revenue in exchange for on-site hotel management services. Management fees are recognized over time as third-party hotel owners derive value from on-site personnel and related services. • Other revenues from franchised and managed properties, which include the reimbursement of costs incurred on behalf of third-party hotel owners on a direct and an indirect basis, as follows: ◦ Direct costs incurred with respect to franchise and management agreements include on-site hotel personnel and incremental reservation and distribution costs for which the Company is reimbursed on a dollar-for-dollar basis. Since the Company employs the hotel personnel and has discretion over reservation and distribution costs, it is the principal with respect to these services and revenue is recognized on a gross basis. ◦ Indirect costs incurred with respect to franchise agreements include costs associated with certain shared system-wide platforms (i.e., system services), such as marketing, technology infrastructure, central reservations, national sales and revenue management systems. The Company is reimbursed for indirect costs through a system service fee, or program fee, based on a percentage of a hotel’s monthly revenue. System service fees are recognized over time as franchisees derive value from the license to use these processes and systems. The Company has discretion over how it spends system service fees and is the principal with respect to these services. Revenue is recognized on a gross basis; expense is recognized as incurred. Over time, the Company manages system services to break-even, but the timing of system service fee revenues will typically not align with expenses incurred to operate the programs. The promise to provide access to the Company’s intellectual property is combined with the promise to provide system services to form a single performance obligation since the promises generally accompany one another. Hotel management services form a single performance obligation. As noted above, each identified performance obligation is considered to be a series of services transferred over time. Revenue is recognized on an output method based on performance completed to date. The Company recognizes revenue in the amount to which it has a right to bill third parties under their respective franchise or management agreements, as it has a right to consideration in an amount that corresponds directly with the third parties’ hotel revenues. Franchise, management and system service fees are characterized as variable consideration and vary from period to period. In the event that fees include variables that extend beyond the current period, the Company uses the most likely amount method to determine the amount of revenue to record based on a reasonable revenue forecast for the applicable hotel. In most instances, the Company does not have constraining estimates, as third-party hotel revenues are typically available and obtained monthly.
Recently Issued Accounting Standards	Recently Issued Accounting Standards Reference Rate Reform —In March 2020, the FASB issued an accounting standards update that provides optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships that reference LIBOR, subject to meeting certain criteria. The Company adopted this update on March 12, 2020 and the updates are effective through December 31, 2022, during which time the Company may elect to apply the optional expedients and exceptions offered under Income Taxes

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - REIT (Policies)	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
Interim Presentation	Interim Presentation— Certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP have been condensed or omitted in the accompanying condensed consolidated financial statements. The Company believes the disclosures made are adequate to prevent the information presented from being misleading. However, the condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements as of and for the year ended December 31, 2020 included in the combined annual report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on February 25, 2021. The accompanying condensed consolidated financial statements reflect all adjustments (consisting only of normal and recurring items) necessary to present fairly the Company’s financial position as of March 31, 2021, the results of the Company’s operations, comprehensive income, changes in equity and cash flows for the three months ended March 31, 2021 and 2020. Interim results are not necessarily indicative of full year performance because of the impact of seasonal, short-term or other market variations, including the impact of the COVID-19 pandemic, as well as the impact of hotel acquisitions and dispositions, renovations and capital transactions.
Use of Estimates	Use of Estimates —The preparation of the accompanying condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment and estimated liabilities for insurance reserves and income taxes. Actual results could differ from those estimates.
Property and Equipment	Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over estimated useful lives which range from 1 to 49 years. Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires significant judgment. The Company reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, hotel property EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, economic environment, regulatory environment or primary use, including the evaluation of the asset for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary. The estimation and evaluation of future cash flows, in particular the holding period for real estate assets and asset composition and/or concentration within real estate portfolios, relies on significant judgments and assumptions regarding holding period, current and future operating performance and current and future market conditions. It is possible that such judgments and/or estimates will change; in particular, the effects of the COVID-19 pandemic could cause economic and market conditions to deteriorate, and if this occurs, or if the Company's expected holding period for real estate assets changes, the Company may recognize impairment charges or losses on sale in future periods reflecting either changes in estimate, circumstance or the estimated market value of assets.
Intangible Assets and Goodwill	Intangible Assets —Intangible assets include trademarks, corporate customer relationships and software development and licenses related to certain internal-use software. Corporate customer relationships and software development and licenses are amortized using the straight-line method over their estimated useful lives; the estimated useful life of customer relationships and software development is 20 and five years, respectively, and the estimated useful life of software licenses is the remaining non-cancellable term of each respective contract. Trademarks are not amortized. Definite-lived intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Indefinite-lived intangible assets, are reviewed for impairment quarterly, and the Company tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. At such time their classification as indefinite-lived intangible assets is reassessed, the Company first assesses qualitative factors to determine if it is more likely than not that the fair value of its indefinite-lived intangible assets is less than its carrying amount. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to intangible assets in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends. Goodwill —Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of the Company's predecessor in 2010. Goodwill is reviewed for impairment quarterly and more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. The Company has two reportable operating segments, owned hotels and franchise and management. There is no goodwill associated with the Company's franchise and management segment. As a result, management only analyzes goodwill associated with owned hotels when analyzing for potential impairment. The Company first assesses qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to goodwill in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends.
Revenue Recognition	Revenue from Owned and Operated Hotels — Revenue generated from owned and operated hotels consists of room and other hotel revenues recognized when services are provided. When a reservation is made, the Company deems that the parties have approved a contract in accordance with customary business practices and are committed to perform their respective obligations. At such time, each party’s rights regarding the services to be transferred are identified, payment terms are specified, the contract has commercial substance and, in most instances, it is probable the Company will collect substantially all consideration to which it will be entitled in exchange for services. Each room night consumed by a guest with a cancellable reservation represents a contract whereby the Company has a performance obligation to provide the room night at an agreed upon price. For cancellable reservations, the Company recognizes revenue as each performance obligation (i.e., each room night) is met. Such contract is renewed if the guest continues their stay. If at any time during a guest’s stay the Company believes it is not probable it will collect substantially all consideration to which it will be entitled, revenue is recognized on a cash basis until such time as collection is considered probable. For room nights consumed by a guest with a non-cancellable reservation, the entire reservation period represents the contract term whereby the Company has a performance obligation to provide the room night or nights at an agreed upon price. For non-cancellable reservations, the Company recognizes revenue over the term of the performance period (i.e., the reservation period) as room nights are consumed. For these reservations, the room rate is typically fixed over the reservation period. The Company uses an output method based on performance completed to date (i.e., room nights consumed) to determine the amount of revenue it recognizes on a daily basis if the length of a non-cancellable reservation exceeds one night since consumption of room nights indicates when services are transferred to the guest. In certain instances, variable consideration may exist with respect to the transaction price, such as discounts, coupons and price concessions made upon guest checkout. In evaluating its performance obligation, the Company bundles the obligation to provide the guest the room itself with other obligations (such as free WiFi, access to on-site laundry facilities and parking), as the other obligations are not distinct and separable because the guest cannot benefit from the additional amenities without the consumed room night. The Company’s obligation to provide the additional items or services is not separately identifiable from the fundamental contractual obligation (i.e., providing the room and its contents). The Company has no performance obligations once a guest’s stay is complete. Certain revenues are generated through third-party intermediaries or distribution channels (i.e., online travel agents). Regardless of the basis on which the Company is compensated (i.e., gross or net), the Company is responsible for fulfilling the promise to provide the hotel room and related services to the guest and retains inventory risk. Since the Company controls the inventory and services provided and because third-party intermediaries are typically not contractually required to guarantee room night consumption, the Company is the principal in these transactions. As such, the Company is required to record revenue at an amount equal to the price charged to the guest (i.e., on a gross basis). Third-party intermediaries that pay the Company directly (i.e., on a net basis) typically charge the guest additional fees, blend the room offering with other offerings at amounts which are not allocable and may adjust the price without the Company’s approval. As such, the Company is unable to calculate the room rate charged to the guest. Since any estimate the Company would make has significant uncertainty that ultimately would not be resolved, despite its role as principal, in these instances the Company records revenue equal to the amount paid by the third-party intermediaries (i.e., the net amount). Revenue from Franchise and Management Fees — Revenue generated from franchise and management fees consists of the following: • Franchise fees, which consist of an initial fee and an ongoing royalty fee based on a percentage of a hotel’s monthly revenue in exchange for the access to and use of the Company’s brand name and other intellectual property. Initial fees are deferred and recognized over the expected contract or customer life. Royalty fees are recognized over time as franchisees derive value from the license to use the intellectual property. • Management fees, which consist of an ongoing base fee calculated as a percentage of a hotel’s monthly revenue in exchange for on-site hotel management services. Management fees are recognized over time as third-party hotel owners derive value from on-site personnel and related services. • Other revenues from franchised and managed properties, which include the reimbursement of costs incurred on behalf of third-party hotel owners on a direct and an indirect basis, as follows: ◦ Direct costs incurred with respect to franchise and management agreements include on-site hotel personnel and incremental reservation and distribution costs for which the Company is reimbursed on a dollar-for-dollar basis. Since the Company employs the hotel personnel and has discretion over reservation and distribution costs, it is the principal with respect to these services and revenue is recognized on a gross basis. ◦ Indirect costs incurred with respect to franchise agreements include costs associated with certain shared system-wide platforms (i.e., system services), such as marketing, technology infrastructure, central reservations, national sales and revenue management systems. The Company is reimbursed for indirect costs through a system service fee, or program fee, based on a percentage of a hotel’s monthly revenue. System service fees are recognized over time as franchisees derive value from the license to use these processes and systems. The Company has discretion over how it spends system service fees and is the principal with respect to these services. Revenue is recognized on a gross basis; expense is recognized as incurred. Over time, the Company manages system services to break-even, but the timing of system service fee revenues will typically not align with expenses incurred to operate the programs. The promise to provide access to the Company’s intellectual property is combined with the promise to provide system services to form a single performance obligation since the promises generally accompany one another. Hotel management services form a single performance obligation. As noted above, each identified performance obligation is considered to be a series of services transferred over time. Revenue is recognized on an output method based on performance completed to date. The Company recognizes revenue in the amount to which it has a right to bill third parties under their respective franchise or management agreements, as it has a right to consideration in an amount that corresponds directly with the third parties’ hotel revenues. Franchise, management and system service fees are characterized as variable consideration and vary from period to period. In the event that fees include variables that extend beyond the current period, the Company uses the most likely amount method to determine the amount of revenue to record based on a reasonable revenue forecast for the applicable hotel. In most instances, the Company does not have constraining estimates, as third-party hotel revenues are typically available and obtained monthly.
Recently Issued Accounting Standards	Recently Issued Accounting Standards Reference Rate Reform —In March 2020, the FASB issued an accounting standards update that provides optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships that reference LIBOR, subject to meeting certain criteria. The Company adopted this update on March 12, 2020 and the updates are effective through December 31, 2022, during which time the Company may elect to apply the optional expedients and exceptions offered under Income Taxes
ESH Hospitality, Inc.
Entity Information [Line Items]
Interim Presentation	Interim Presentation —Certain information and footnote disclosures normally included in financial statements presented in accordance with U.S. GAAP have been condensed or omitted in the accompanying condensed consolidated financial statements. ESH REIT believes the disclosures made are adequate to prevent the information presented from being misleading. However, the condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements as of and for the year ended December 31, 2020, included in the combined annual report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on February 25, 2021. The accompanying condensed consolidated financial statements reflect all adjustments (consisting only of normal and recurring items) necessary to present fairly ESH REIT’s financial position as of March 31, 2021, the results of ESH REIT’s operations, comprehensive income, changes in equity and cash flows for the three months ended March 31, 2021 and 2020. Interim results are not necessarily indicative of full year performance because of hotel acquisitions and dispositions, capital
Use of Estimates	Use of Estimates —The preparation of the accompanying condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the amounts of revenues and expenses during the reporting period. Management used significant estimates to determine the estimated useful lives of tangible assets, as well as in the assessment of tangible and intangible assets for impairment. Actual results could differ from those estimates.
Property and Equipment	Property and Equipment —Property and equipment additions are recorded at cost. Major improvements that extend the life or utility of property or equipment are capitalized and depreciated over a period equal to the shorter of the estimated useful life of the improvement or the remaining estimated useful life of the asset. Ordinary repairs and maintenance are charged to expense as incurred. Depreciation and amortization are recorded on a straight-line basis over estimated useful lives which range from 1 to 49 years. Management assesses long-lived assets for potential impairment quarterly, as well as when events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The identification of events or changes in circumstances that indicate the carrying value of assets may not be recoverable requires significant judgment. ESH REIT reviews for impairment indicators at the lowest level of identifiable cash flows based on quantitative, qualitative and certain industry-related factors. Quantitative factors include, but are not limited to, hotel property EBITDA, EBITDA margins and EBITDA multiples, and serve to screen assets or asset groups with historical, current or projected operating cash flow losses or deterioration. Qualitative factors include a change in physical condition, economic environment, regulatory environment or primary use, including the evaluation of the asset or group of assets for disposition. Recoverability of property and equipment is measured by a comparison of the carrying amount of a hotel property or group of hotel properties (grouped under ESH REIT’s leases) to the estimated future undiscounted cash flows expected to be generated by the hotel property or group of hotel properties. Impairment is recognized when estimated future undiscounted cash flows, including expected proceeds from disposition, are less than the carrying value of the hotel property or group of hotel properties. To the extent that a hotel property or group of hotel properties is impaired, the excess carrying amount over estimated fair value is recognized as an impairment charge. Fair value is determined based upon the discounted cash flows of the hotel property or group of hotel properties, bids, quoted market prices or independent appraisals, as considered necessary.
Intangible Assets and Goodwill	Intangible Assets —Intangible assets include licenses related to certain internal-use software. Licenses are amortized using the straight-line method over their estimated useful life, which is the remaining non-cancellable term of each respective contract. Intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. ESH REIT tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of its reporting unit below its carrying amount. Definite-lived intangible assets are reviewed for impairment quarterly and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If the effects of the COVID-19 pandemic or other factors cause economic and market conditions to deteriorate, these events could result in impairment charges with respect to intangible assets in the future. Actual results are subject to a high degree of uncertainty due to the volatility of macroeconomic trends. Goodwill —Goodwill represents the purchase price in excess of the fair value of net assets acquired in conjunction with the acquisition of ESH REIT's predecessor in 2010. Goodwill is reviewed for impairment quarterly, and ESH REIT tests for impairment more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. ESH REIT has one operating segment, which is its reporting unit; therefore, management analyzes goodwill associated with hotels when analyzing for potential impairment. ESH REIT first assesses qualitative factors to determine if it is more likely than not that the fair value of its reporting unit is less than its carrying amount.
Revenue Recognition	Revenue Recognition —ESH REIT’s sole source of revenues is rental revenue derived from operating leases with subsidiaries of the Corporation (i.e., all revenues are generated from agreements with related parties (see Note 10)). Rental revenues are recorded on a straight-line basis as they are earned during the lease terms. Rents receivable from Extended Stay America, Inc. on the accompanying condensed consolidated balance sheets represent monthly rental amounts contractually due. Deferred rents receivable from Extended Stay America, Inc. on the accompanying condensed consolidated balance sheets represent the cumulative difference between straight-line rental revenues recognized and rental revenues contractually due. Lease rental payments received prior to rendering services are included in unearned rental revenues from Extended Stay America, Inc. on the accompanying condensed consolidated balance sheets. Variable rental revenues, specifically percentage rental revenues related to hotel revenues of the Operating Lessees, are recognized when such amounts are fixed and determinable (i.e., only when percentage rental revenue thresholds have been achieved).
Recently Issued Accounting Standards	Recently Issued Accounting Standards Reference Rate Reform —In March 2020, the FASB issued an accounting standards update that provides optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships that reference LIBOR, subject to meeting certain criteria. ESH REIT adopted this update on March 12, 2020 and the updates are effective through December 31, 2022, during which time ESH REIT may elect to apply the optional expedients and exceptions offered under the standard. ESH REIT's variable rate debt and interest rate swap are tied to rates that reference LIBOR (see Notes 7 and 8). As of March 31, 2021, ESH REIT had not applied any of these optional expedients or exceptions. The adoption of this update did not, and is not expected to, have a material effect on ESH REIT's condensed consolidated financial statements. Income Taxes

NET INCOME PER SHARE (Tables)

NET INCOME PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Calculations of Basic and Diluted Net Income per Share, Including a Reconciliation of Numerators and Denominators	The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Three Months Ended 2021 2020 Numerator: Net income available to Extended Stay America, Inc. common $ 1,921 $ 4,554 Income attributable to noncontrolling interests assuming conversion (25) (2) Net income available to Extended Stay America, Inc. common $ 1,896 $ 4,552 Denominator: Weighted-average number of Extended Stay America, Inc. common shares outstanding - basic 177,827 177,990 Dilutive securities 722 181 Weighted-average number of Extended Stay America, Inc. common shares outstanding - diluted 178,549 178,171 Net income per Extended Stay America, Inc. common share - basic $ 0.01 $ 0.03 Net income per Extended Stay America, Inc. common share - diluted $ 0.01 $ 0.03

NET INCOME PER SHARE - REIT (Ta

NET INCOME PER SHARE - REIT (Tables)	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
Calculations of Basic and Diluted Net Income per Share, Including a Reconciliation of Numerators and Denominators	The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Three Months Ended 2021 2020 Numerator: Net income available to Extended Stay America, Inc. common $ 1,921 $ 4,554 Income attributable to noncontrolling interests assuming conversion (25) (2) Net income available to Extended Stay America, Inc. common $ 1,896 $ 4,552 Denominator: Weighted-average number of Extended Stay America, Inc. common shares outstanding - basic 177,827 177,990 Dilutive securities 722 181 Weighted-average number of Extended Stay America, Inc. common shares outstanding - diluted 178,549 178,171 Net income per Extended Stay America, Inc. common share - basic $ 0.01 $ 0.03 Net income per Extended Stay America, Inc. common share - diluted $ 0.01 $ 0.03
ESH Hospitality, Inc.
Entity Information [Line Items]
Calculations of Basic and Diluted Net Income per Share, Including a Reconciliation of Numerators and Denominators	The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data): Three Months Ended 2021 2020 Numerator: Net income $ 25,150 $ 7,918 Less preferred dividends (4) (4) Net income available to ESH Hospitality, Inc. common shareholders $ 25,146 $ 7,914 Class A: Net income available to ESH Hospitality, Inc. Class A common $ 14,706 $ 4,627 Amounts attributable to ESH Hospitality, Inc. Class B (25) (2) Net income available to ESH Hospitality, Inc. Class A common $ 14,681 $ 4,625 Class B: Net income available to ESH Hospitality, Inc. Class B common $ 10,440 $ 3,287 Amounts attributable to ESH Hospitality, Inc. Class B 25 2 Net income available to ESH Hospitality, Inc. Class B common $ 10,465 $ 3,289 Denominator: Class A: Weighted-average number of ESH Hospitality, Inc. Class A common 250,494 250,494 Class B: Weighted-average number of ESH Hospitality, Inc. Class B common 177,827 177,990 Dilutive securities 722 181 Weighted-average number of ESH Hospitality, Inc. Class B common 178,549 178,171 Net income per ESH Hospitality, Inc. common share - Class A - basic $ 0.06 $ 0.02 Net income per ESH Hospitality, Inc. common share - Class A - diluted $ 0.06 $ 0.02 Net income per ESH Hospitality, Inc. common share - Class B - basic $ 0.06 $ 0.02 Net income per ESH Hospitality, Inc. common share - Class B - diluted $ 0.06 $ 0.02

HOTEL DISPOSITIONS (Tables)

HOTEL DISPOSITIONS (Tables)	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
Summary of Hotel Dispositions and Total Revenues and Expenses	The table below summarizes hotel dispositions during the three months ended March 31, 2021 and the year ended December 31, 2020 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Date Location Number of Hotels Number of Rooms Net Proceeds Gain on Sale Franchised March 2021 Texas 2 241 $ 21,867 $ 12,018 Yes (1) November 2020 California 1 146 $ 63,556 $ 52,525 No (1) Remaining term of franchise agreement is less than one year. During the three months ended March 31, 2021 and 2020, disposed hotel properties contributed total room and other hotel revenues, total operating expenses and income before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Total room and other hotel revenues $ 615 $ 1,611 Total operating expenses 548 1,125 Income before income tax expense 67 486

HOTEL DISPOSITIONS - REIT (Tabl

HOTEL DISPOSITIONS - REIT (Tables)	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Line Items]
Summary of Hotel Dispositions and Total Revenues and Expenses	The table below summarizes hotel dispositions during the three months ended March 31, 2021 and the year ended December 31, 2020 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Date Location Number of Hotels Number of Rooms Net Proceeds Gain on Sale Franchised March 2021 Texas 2 241 $ 21,867 $ 12,018 Yes (1) November 2020 California 1 146 $ 63,556 $ 52,525 No (1) Remaining term of franchise agreement is less than one year. During the three months ended March 31, 2021 and 2020, disposed hotel properties contributed total room and other hotel revenues, total operating expenses and income before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Total room and other hotel revenues $ 615 $ 1,611 Total operating expenses 548 1,125 Income before income tax expense 67 486
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Summary of Hotel Dispositions and Total Revenues and Expenses	The table below summarizes hotel dispositions during the three months ended March 31, 2021, and the year ended December 31, 2020 (in thousands, except number of hotels and number of rooms). No dispositions were reported as discontinued operations. Date Location Number of Hotels Number of Rooms Net Proceeds Gain on Sale March 2021 Texas 2 241 $ 21,867 $ 11,930 November 2020 California 1 146 $ 63,556 $ 52,196 During the three months ended March 31, 2021 and 2020, disposed hotel properties contributed total rental revenues, total operating expenses and income before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Total rental revenues from Extended Stay America, Inc. $ 289 $ 933 Total operating expenses 157 395 Income before income tax expense 132 538

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
Net Investment in Property and Equipment	Net investment in property and equipment as of March 31, 2021 and December 31, 2020, consists of the following (in thousands): March 31, December 31, 2020 Hotel properties: Land and site improvements (1) $ 1,249,785 $ 1,246,441 Building and improvements 2,895,078 2,881,855 Furniture, fixtures and equipment (2) 782,465 783,414 Total hotel properties 4,927,328 4,911,710 Development in process 28,527 46,496 Corporate furniture, fixtures, equipment, software and other 29,803 29,735 Total cost 4,985,658 4,987,941 Less accumulated depreciation: Hotel properties (1,546,732) (1,518,236) Corporate furniture, fixtures, equipment, software and other (24,439) (23,750) Total accumulated depreciation (1,571,171) (1,541,986) Property and equipment — net $ 3,414,487 $ 3,445,955 _________________________________ (1) Includes finance lease asset of $4.0 million as of March 31, 2021 and December 31, 2020. (2) Includes finance lease asset of $0.4 million as of March 31, 2021 and December 31, 2020.
Schedule of Real Estate Properties	During the three months ended March 31, 2021 and the year ended December 31, 2020, the following owned, newly constructed hotels were opened under the Extended Stay America brand: Opening Date Location Number of Hotels Number of March 2021 Florida 2 248 December 2020 Florida 1 124 November 2020 Florida 1 144 August 2020 Florida 1 124 June 2020 Various 2 248 April 2020 South Carolina 1 120 March 2020 Florida 1 120 During the three months ended March 31, 2021 and 2020, newly-built hotels contributed total room and other hotel revenues, total operating expenses and income (loss) before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Total room and other hotel revenues $ 4,475 $ 108 Total operating expenses 3,722 130 Income (loss) before income tax expense 753 (22)

PROPERTY AND EQUIPMENT - REIT (

PROPERTY AND EQUIPMENT - REIT (Tables)	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Line Items]
Net Investment in Property and Equipment	Net investment in property and equipment as of March 31, 2021 and December 31, 2020, consists of the following (in thousands): March 31, December 31, 2020 Hotel properties: Land and site improvements (1) $ 1,249,785 $ 1,246,441 Building and improvements 2,895,078 2,881,855 Furniture, fixtures and equipment (2) 782,465 783,414 Total hotel properties 4,927,328 4,911,710 Development in process 28,527 46,496 Corporate furniture, fixtures, equipment, software and other 29,803 29,735 Total cost 4,985,658 4,987,941 Less accumulated depreciation: Hotel properties (1,546,732) (1,518,236) Corporate furniture, fixtures, equipment, software and other (24,439) (23,750) Total accumulated depreciation (1,571,171) (1,541,986) Property and equipment — net $ 3,414,487 $ 3,445,955 _________________________________ (1) Includes finance lease asset of $4.0 million as of March 31, 2021 and December 31, 2020. (2) Includes finance lease asset of $0.4 million as of March 31, 2021 and December 31, 2020.
Schedule of Real Estate Properties	During the three months ended March 31, 2021 and the year ended December 31, 2020, the following owned, newly constructed hotels were opened under the Extended Stay America brand: Opening Date Location Number of Hotels Number of March 2021 Florida 2 248 December 2020 Florida 1 124 November 2020 Florida 1 144 August 2020 Florida 1 124 June 2020 Various 2 248 April 2020 South Carolina 1 120 March 2020 Florida 1 120 During the three months ended March 31, 2021 and 2020, newly-built hotels contributed total room and other hotel revenues, total operating expenses and income (loss) before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Total room and other hotel revenues $ 4,475 $ 108 Total operating expenses 3,722 130 Income (loss) before income tax expense 753 (22)
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Net Investment in Property and Equipment	Net investment in property and equipment as of March 31, 2021 and December 31, 2020, consists of the following (in thousands): March 31, December 31, Hotel properties: Land and site improvements (1) $ 1,252,151 $ 1,248,807 Building and improvements 2,927,906 2,914,683 Furniture, fixtures and equipment (2) 789,633 790,584 Total hotel properties 4,969,690 4,954,074 Development in process 28,527 46,496 Other 1,000 1,000 Total cost 4,999,217 5,001,570 Less accumulated depreciation: (1,569,166) (1,540,358) Property and equipment — net $ 3,430,051 $ 3,461,212 _________________________________ (1) Includes finance lease asset of $4.0 million as of March 31, 2021 and December 31, 2020. (2) Includes finance lease asset of $0.4 million as of March 31, 2021 and December 31, 2020.
Schedule of Real Estate Properties	During the three months ended March 31, 2021 and the year ended December 31, 2020, the following owned, newly constructed hotels were opened under the Extended Stay America brand: Opening Date Location Number of Number of Rooms March 2021 Florida 2 248 December 2020 Florida 1 124 November 2020 Florida 1 144 August 2020 Florida 1 124 June 2020 Various 2 248 April 2020 South Carolina 1 120 March 2020 Florida 1 120 During the three months ended March 31, 2021 and 2020, newly-build hotels contributed rental revenues, total operating expenses and income before income tax expense as follows (in thousands): Three Months Ended March 31, 2021 2020 Rental revenues from Extended Stay America, Inc. $ 1,975 $ 130 Total operating expenses 1,901 62 Income before income tax expense 74 68

INTANGIBLE ASSETS AND GOODWIL_2

INTANGIBLE ASSETS AND GOODWILL (Tables)	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	The Company’s intangible assets and goodwill as of March 31, 2021 and December 31, 2020, consist of the following (in thousands): March 31, 2021 Gross Accumulated Net Definite-lived intangible assets Customer relationships $ 26,800 $ (14,045) $ 12,755 Software development and licenses 14,024 (2,367) 11,657 Software development in process 439 — 439 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 51,426 (16,412) 35,014 Goodwill 44,921 — 44,921 Total intangible assets and goodwill $ 96,347 $ (16,412) $ 79,935 December 31, 2020 Gross Accumulated Net Definite-lived intangible assets Customer relationships $ 26,800 $ (13,710) $ 13,090 Software licenses 10,546 (2,005) 8,541 Software development in process 2,299 — 2,299 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 49,808 (15,715) 34,093 Goodwill 45,055 — 45,055 Total intangible assets and goodwill $ 94,863 $ (15,715) $ 79,148
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, Remainder of 2021 $ 2,463 2022 3,279 2023 3,279 2024 3,279 2025 3,279 2026 2,723 Thereafter 6,110 Total $ 24,412

INTANGIBLE ASSETS AND GOODWIL_3

INTANGIBLE ASSETS AND GOODWILL - REIT (Tables)	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
Schedule of Intangible Assets and Goodwill	The Company’s intangible assets and goodwill as of March 31, 2021 and December 31, 2020, consist of the following (in thousands): March 31, 2021 Gross Accumulated Net Definite-lived intangible assets Customer relationships $ 26,800 $ (14,045) $ 12,755 Software development and licenses 14,024 (2,367) 11,657 Software development in process 439 — 439 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 51,426 (16,412) 35,014 Goodwill 44,921 — 44,921 Total intangible assets and goodwill $ 96,347 $ (16,412) $ 79,935 December 31, 2020 Gross Accumulated Net Definite-lived intangible assets Customer relationships $ 26,800 $ (13,710) $ 13,090 Software licenses 10,546 (2,005) 8,541 Software development in process 2,299 — 2,299 Indefinite-lived intangible assets—trademarks 10,163 — 10,163 Total intangible assets 49,808 (15,715) 34,093 Goodwill 45,055 — 45,055 Total intangible assets and goodwill $ 94,863 $ (15,715) $ 79,148
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, Remainder of 2021 $ 2,463 2022 3,279 2023 3,279 2024 3,279 2025 3,279 2026 2,723 Thereafter 6,110 Total $ 24,412
ESH Hospitality, Inc.
Entity Information [Line Items]
Schedule of Intangible Assets and Goodwill	ESH REIT's intangible assets and goodwill as of March 31, 2021 and December 31, 2020, consist of the following (dollars in thousands): March 31, 2021 Gross Accumulated Net Definite-lived intangible assets—software licenses $ 10,597 $ (2,312) $ 8,285 Goodwill 43,748 — 43,748 Total intangible assets and goodwill $ 54,345 $ (2,312) $ 52,033 December 31, 2020 Gross Accumulated Net Definite-lived intangible assets—software licenses $ 10,546 $ (2,005) $ 8,541 Goodwill 43,878 — 43,878 Total intangible assets and goodwill $ 54,424 $ (2,005) $ 52,419
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Estimated future amortization expense for amortizing intangible assets is as follows (in thousands): Years Ending December 31, Remainder of 2021 $ 944 2022 1,259 2023 1,259 2024 1,259 2025 1,259 2026 1,259 Thereafter 1,046 Total $ 8,285

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Outstanding Debt	Summary - The Company’s outstanding debt, net of unamortized debt discounts and unamortized deferred financing costs, as of March 31, 2021 and December 31, 2020, consists of the following (dollars in thousands): Stated Carrying Amount Unamortized Deferred Financing Costs Loan March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $ 630,909 $ 619,847 (1) $ 621,351 (1) $ 7,348 $ 7,684 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,294,630 (4) 1,294,301 (4) 11,526 12,232 5.25% 5/1/2025 2027 Notes 750,000 750,000 750,000 11,439 11,879 4.63% 10/1/2027 Revolving credit facilities ESH REIT Revolving Credit Facility 350,000 — — 1,923 (5) 2,061 (5) LIBOR (2) + 2.00% 9/18/2024 Corporation Revolving Credit Facility 50,000 9,765 49,765 485 (5) 520 (5) LIBOR (2) + 2.25% 9/18/2024 Total $ 2,674,242 $ 2,715,417 $ 32,721 $ 34,376 _________________________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $1.6 million and $1.7 million as of March 31, 2021 and December 31, 2020, respectively. (2) As of March 31, 2021 and December 31, 2020, one-month LIBOR was 0.11% and 0.14%, respectively. As of March 31, 2021 and December 31, 2020, $50.0 million and $100.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required under the ESH REIT Term Facility. Annual mandatory prepayments for the year are due during the first quarter of the following year. No mandatory prepayments were required in the first quarter of 2021 based on ESH REIT’s Excess Cash Flow for the year ended December 31, 2020. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $5.4 million and $5.7 million as of March 31, 2021 and December 31, 2020, respectively. (5) Unamortized deferred financing costs related to revolving credit facilities are included in other assets in the accompanying condensed consolidated balance sheets.
Summary of Components of Interest Expense	The components of net interest expense during the three months ended March 31, 2021 and 2020, are as follows (in thousands): Three Months Ended 2021 2020 Contractual interest, net (1) $ 29,067 $ 31,326 Amortization of deferred financing costs and debt discount 2,058 2,052 Other costs (2) 338 293 Interest income (1) (986) Total $ 31,462 $ 32,685 ______________________ (1) Net of capitalized interest of $0.4 million and $0.9 million, respectively. For the three months ended March 31, 2020, includes dividends on shares of mandatorily redeemable Corporation preferred stock.

DEBT - REIT (Tables)

DEBT - REIT (Tables)	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
Outstanding Debt	Summary - The Company’s outstanding debt, net of unamortized debt discounts and unamortized deferred financing costs, as of March 31, 2021 and December 31, 2020, consists of the following (dollars in thousands): Stated Carrying Amount Unamortized Deferred Financing Costs Loan March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $ 630,909 $ 619,847 (1) $ 621,351 (1) $ 7,348 $ 7,684 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,294,630 (4) 1,294,301 (4) 11,526 12,232 5.25% 5/1/2025 2027 Notes 750,000 750,000 750,000 11,439 11,879 4.63% 10/1/2027 Revolving credit facilities ESH REIT Revolving Credit Facility 350,000 — — 1,923 (5) 2,061 (5) LIBOR (2) + 2.00% 9/18/2024 Corporation Revolving Credit Facility 50,000 9,765 49,765 485 (5) 520 (5) LIBOR (2) + 2.25% 9/18/2024 Total $ 2,674,242 $ 2,715,417 $ 32,721 $ 34,376 _________________________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $1.6 million and $1.7 million as of March 31, 2021 and December 31, 2020, respectively. (2) As of March 31, 2021 and December 31, 2020, one-month LIBOR was 0.11% and 0.14%, respectively. As of March 31, 2021 and December 31, 2020, $50.0 million and $100.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required under the ESH REIT Term Facility. Annual mandatory prepayments for the year are due during the first quarter of the following year. No mandatory prepayments were required in the first quarter of 2021 based on ESH REIT’s Excess Cash Flow for the year ended December 31, 2020. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $5.4 million and $5.7 million as of March 31, 2021 and December 31, 2020, respectively. (5) Unamortized deferred financing costs related to revolving credit facilities are included in other assets in the accompanying condensed consolidated balance sheets.
Summary of Components of Interest Expense	The components of net interest expense during the three months ended March 31, 2021 and 2020, are as follows (in thousands): Three Months Ended 2021 2020 Contractual interest, net (1) $ 29,067 $ 31,326 Amortization of deferred financing costs and debt discount 2,058 2,052 Other costs (2) 338 293 Interest income (1) (986) Total $ 31,462 $ 32,685 ______________________ (1) Net of capitalized interest of $0.4 million and $0.9 million, respectively. For the three months ended March 31, 2020, includes dividends on shares of mandatorily redeemable Corporation preferred stock.
ESH Hospitality, Inc.
Entity Information [Line Items]
Outstanding Debt	ESH REIT’s outstanding debt, net of unamortized debt discount and unamortized deferred financing costs, as of March 31, 2021 and December 31, 2020, consists of the following (dollars in thousands): Stated Carrying Amount Unamortized Deferred Financing Costs Loan March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Stated Interest Rate Maturity Date Term loan facility ESH REIT Term Facility $ 630,909 $ 619,847 (1) $ 621,351 (1) $ 7,348 $ 7,684 LIBOR (2) + 2.00% 9/18/2026 (3) Senior notes 2025 Notes 1,300,000 1,294,630 (4) 1,294,301 (4) 11,526 12,232 5.25% 5/1/2025 2027 Notes 750,000 750,000 750,000 11,439 11,879 4.63% 10/1/2027 Revolving credit facility ESH REIT Revolving Credit Facility 350,000 — — 1,923 (5) 2,061 (5) LIBOR (2) + 2.00% 9/18/2024 Unsecured intercompany facility ESH REIT Intercompany Facility 75,000 — — — — 5.00% 9/18/2026 Total $ 2,664,477 $ 2,665,652 $ 32,236 $ 33,856 _________________________________ (1) The ESH REIT Term Facility (defined below) is presented net of an unamortized debt discount of $1.6 million and $1.7 million as of March 31, 2021 and December 31, 2020, respectively. (2) As of March 31, 2021 and December 31, 2020, one-month LIBOR was 0.11% and 0.14%, respectively. As of March 31, 2021 and December 31, 2020, $50.0 million and $100.0 million, respectively, of the ESH REIT Term Facility was subject to an interest rate swap at a fixed rate of 1.175%. (3) Amortizes in equal quarterly installments of $1.6 million. In addition to scheduled amortization, subject to certain exceptions, annual mandatory prepayments of up to 50% of Excess Cash Flow, as defined, may be required under the ESH REIT Term Facility. Annual mandatory prepayments for the year are due during the first quarter of the following year. No mandatory prepayments were required in the first quarter of 2021 based on ESH REIT’s Excess Cash Flow for the year ended December 31, 2020. (4) The 2025 Notes (defined below) are presented net of an unamortized discount of $5.4 million and $5.7 million as of March 31, 2021 and December 31, 2020, respectively. (5) Unamortized deferred financing costs related to the revolving credit facility are included in other assets in the accompanying condensed consolidated balance sheets.
Summary of Components of Interest Expense	The components of net interest expense during the three months ended March 31, 2021 and 2020, are as follows (in thousands): Three Months Ended March 31, 2021 2020 Contractual interest, net (1) $ 28,879 $ 31,090 Amortization of deferred financing costs and debt discount 2,023 2,022 Other costs (2) 327 262 Interest income (3) (94) (946) Total $ 31,135 $ 32,428 ______________________ (1) Net of capitalized interest of $0.4 million and $0.9 million, respectively. (2) Includes interest expense on finance leases (see Note 11) and unused facility fees. (3) For the three months ended March 31, 2021, includes unused facility income from the Corporation Intercompany Facility (see Note 10).

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	3 Months Ended
	Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The table below presents the amounts and classification of the interest rate swap on the Company’s condensed consolidated financial statements (in thousands): Accrued liabilities Accumulated other comprehensive loss, net of tax Interest expense (income), net As of March 31, 2021 $ (268) $ (227) (1) As of December 31, 2020 $ (525) $ (445) (2) For the three months ended March 31, 2021 $ 262 For the three months ended March 31, 2020 $ (257) _______________________________ (1) Changes during the three months ended March 31, 2021, on a pre-tax basis, consisted of changes in fair value of $0.3 million. (2) Changes during the year ended December 31, 2020, on a pre-tax basis, consisted of changes in fair value of $(1.4) million.

DERIVATIVE INSTRUMENTS - REIT (

DERIVATIVE INSTRUMENTS - REIT (Tables)	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
Schedule of Derivative Instruments	The table below presents the amounts and classification of the interest rate swap on the Company’s condensed consolidated financial statements (in thousands): Accrued liabilities Accumulated other comprehensive loss, net of tax Interest expense (income), net As of March 31, 2021 $ (268) $ (227) (1) As of December 31, 2020 $ (525) $ (445) (2) For the three months ended March 31, 2021 $ 262 For the three months ended March 31, 2020 $ (257) _______________________________ (1) Changes during the three months ended March 31, 2021, on a pre-tax basis, consisted of changes in fair value of $0.3 million. (2) Changes during the year ended December 31, 2020, on a pre-tax basis, consisted of changes in fair value of $(1.4) million.
ESH Hospitality, Inc.
Entity Information [Line Items]
Schedule of Derivative Instruments	The table below presents the amounts and classification of the interest rate swap on ESH REIT’s condensed consolidated financial statements (in thousands): Accrued liabilities Accumulated other comprehensive loss, net of tax Interest expense (income), net As of March 31, 2021 $ (268) $ (268) (1) As of December 31, 2020 $ (525) $ (526) (2) For the three months ended March 31, 2021 $ 262 For the three months ended March 31, 2020 $ (257) _______________________________ (1) Changes during the three months ended March 31, 2021, on a pre-tax basis, consisted of changes in fair value of $0.3 million. (2) Changes during the year ended December 31, 2020, on a pre-tax basis, consisted of changes in fair value of $(1.4) million.

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	3 Months Ended
	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table disaggregates room revenues from owned hotels by booking source for the three months ended March 31, 2021 and 2020 (in thousands): Three Months Ended 2021 2020 Property direct $ 68,052 $ 60,024 Central call center 77,980 77,191 Proprietary website 53,589 52,939 Third-party intermediaries 44,929 57,820 Travel agency global distribution systems 5,318 6,490 Total room revenues from owned hotels (1) $ 249,868 $ 254,464 _________________________________ (1) In addition to room revenues, the Company’s owned hotels earned $6.7 million and $6.8 million of other hotel revenues during the three months ended March 31, 2021 and 2020, respectively. The following table disaggregates room revenues from owned hotels by length of guest stay for the three months ended March 31, 2021 and 2020 (in thousands): Three Months Ended 2021 2020 1-6 nights $ 64,288 $ 84,594 7-29 nights 55,053 54,831 30+ nights 130,527 115,039 Total room revenues from owned hotels (1) $ 249,868 $ 254,464 _________________________________ (1) In addition to room revenues, the Company’s owned hotels earned $6.7 million and $6.8 million of other hotel revenues during the three months ended March 31, 2021 and 2020, respectively. The following table disaggregates revenues from franchised and managed hotels for the three months ended March 31, 2021 and 2020 (in thousands): Three Months Ended 2021 2020 Management fees (1) $ — $ 235 Franchise fees 1,218 1,044 Indirect reimbursements (system service fees) 1,471 1,190 Direct reimbursements 334 2,600 Total revenues from franchised and managed hotels $ 3,023 $ 5,069 _________________________________
Schedule of Outstanding Customer Contract Liabilities	The following table presents changes in outstanding contract liabilities as of March 31, 2021 and 2020 (in thousands): Three Months Ended 2021 2020 Contract liabilities - beginning of period $ 17,197 $ 16,111 Contract liabilities - end of period $ 17,687 $ 16,231 Portion of beginning balance recognized as revenue during the period $ 10,422 $ 10,172

SEGMENTS (Tables)

SEGMENTS (Tables)	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
Schedule of Operating Segments Evaluated on Income from Operations	The performance of the Company’s operating segments is evaluated primarily on income from operations. Selected financial data is provided below (in thousands): Three Months Ended 2021 2020 Revenues: Owned hotels $ 256,548 $ 261,232 Franchise and management (1) 1,981 2,062 Total segment revenues 258,529 263,294 Corporate and other (2) 18,109 19,992 Other revenues from franchised and managed properties (3) 1,805 3,790 Intersegment eliminations (4) (18,872) (20,775) Total $ 259,571 $ 266,301 Income from operations: Owned hotels (5) $ 56,763 $ 48,551 Franchise and management (1) 1,981 2,062 Total segment income from operations 58,744 50,613 Corporate and other (2) (13,611) (7,853) Other expenses from franchised and managed properties, net (3) (639) (417) Total $ 44,494 $ 42,343 _________________________________ (1) Includes intellectual property fees charged to the owned hotels segment of $0.8 million for the three months ended March 31, 2021 and 2020, that are eliminated in the condensed consolidated statements of operations. (2) Includes revenues generated and operating expenses incurred in connection with the overall support of owned, franchised and managed hotels and related operations. Corporate and other revenues are comprised of management fees earned by and cost reimbursements charged to the owned hotels segment that are eliminated in the condensed consolidated statements of operations. (3) Includes direct reimbursement of specific costs incurred under franchise and management agreements that the Company is reimbursed for on a dollar-for-dollar basis as well as indirect reimbursement of certain costs incurred associated with the Company’s shared platform (i.e., system services, see Note 2). (4) Includes management fees, intellectual property fees and other cost reimbursements charged to the owned hotels segment that are eliminated in the condensed consolidated statements of operations. (5) Includes gain on sale of hotel properties of $12.0 million for the three months ended March 31, 2021.
Schedule of Assets and Capital Expenditures of Operating Segments	Total assets for each of the Company’s operating segments are provided below (in thousands): March 31, 2021 December 31, 2020 Assets: Owned hotels $ 3,809,233 $ 3,802,896 Franchise and management 13,400 13,319 Total segment assets 3,822,633 3,816,215 Corporate and other 199,003 274,039 Intersegment eliminations (1,288) (1,105) Total $ 4,020,348 $ 4,089,149 Total capital expenditures for each of the Company's operating segments are provided below (in thousands): Three Months Ended 2021 2020 Capital expenditures: Owned hotels $ 28,607 $ 54,368 Corporate and other 1,829 211 Total $ 30,436 $ 54,579

RELATED PARTY TRANSACTIONS - _2

RELATED PARTY TRANSACTIONS - REIT (Tables) - ESH Hospitality, Inc.	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
Schedule of Related Party Transaction Balances	Fixed and variable rental revenues for the three months ended March 31, 2021 and 2020 are as follows (in thousands): Three Months Ended 2021 2020 Fixed rental revenues $ 120,392 $ 119,190 Variable rental revenues (1) — — _________________________________ (1) Regardless of whether cash rental payments are received, ESH REIT only recognizes revenue when a lessee’s revenue exceeds specific thresholds stated in the lease. Related party transaction balances as of March 31, 2021 and December 31, 2020, include the following (in thousands): March 31, December 31, Leases: Rents receivable (1) $ 11,108 $ 3,941 Deferred rents receivable (2) $ 38,536 $ 39,135 Unearned rental revenues (1) $ (23,743) $ — Working capital and other: Ordinary working capital (3) $ (5,640) $ (5,806) Equity awards receivable (4) 235 688 Distribution payable (5) — (87,673) Total working capital and other, net (6) $ (5,405) $ (92,791) ______________________ (1) Rents receivable relate to percentage rents. As of March 31, 2021 and December 31, 2020, unearned rental revenues related to percentage rent. (2) Revenues recognized in excess of cash rents received. (3) Disbursements and/or receipts made by the Corporation or ESH REIT on the other entity’s behalf and amounts payable/receivable for certain transactions between the Corporation and ESH REIT. Includes overhead costs incurred by the Corporation on ESH REIT’s behalf. (4) Amounts related to restricted stock units not yet settled or issued. (5) Distribution declared in December 2020 and paid in January 2021.
Future minimum rental payments to be received	Future fixed rental payments to be received under current remaining noncancellable lease terms are as follows (in thousands): Years Ending December 31, Remainder of 2021 $ 362,564 2022 496,448 2023 424,031 Total $ 1,283,043

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Components of lease expense	For the three months ended March 31, 2021 and 2020, the components of the Company’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 869 $ 769 Finance lease costs 125 61 Total lease costs $ 994 $ 830
Schedule of right of use assets and lease liabilities	The Company’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 5,390 $ 2,538 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 13,304 10,442 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets.
Maturities of finance lease liabilities	Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 2,358 $ 297 2022 3,449 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 84,456 $ 5,052 Total discounted lease liability $ 13,304 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,152 $ 1,441 Weighted-average remaining lease term 41 years 10 years Weighted-average discount rate 5.3 % 6.6 %
Maturities of operating lease liabilities	Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 2,358 $ 297 2022 3,449 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 84,456 $ 5,052 Total discounted lease liability $ 13,304 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,152 $ 1,441 Weighted-average remaining lease term 41 years 10 years Weighted-average discount rate 5.3 % 6.6 %

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - REIT (Tables)	3 Months Ended
	Mar. 31, 2021
Entity Information [Line Items]
Components of lease expense	For the three months ended March 31, 2021 and 2020, the components of the Company’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 869 $ 769 Finance lease costs 125 61 Total lease costs $ 994 $ 830
Schedule of right of use assets and lease liabilities	The Company’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 5,390 $ 2,538 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 13,304 10,442 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets.
Maturities of finance lease liabilities	Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 2,358 $ 297 2022 3,449 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 84,456 $ 5,052 Total discounted lease liability $ 13,304 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,152 $ 1,441 Weighted-average remaining lease term 41 years 10 years Weighted-average discount rate 5.3 % 6.6 %
Maturities of operating lease liabilities	Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 2,358 $ 297 2022 3,449 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 84,456 $ 5,052 Total discounted lease liability $ 13,304 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,152 $ 1,441 Weighted-average remaining lease term 41 years 10 years Weighted-average discount rate 5.3 % 6.6 %
ESH Hospitality, Inc.
Entity Information [Line Items]
Components of lease expense	For the three months ended March 31, 2021 and 2020, components of ESH REIT’s total lease costs are as follows (in thousands): Three Months Ended 2021 2020 Operating lease costs $ 326 $ 326 Finance lease costs 125 61 Total lease costs $ 451 $ 387
Schedule of right of use assets and lease liabilities	ESH REIT’s right-of-use assets and lease liabilities are as follows (in thousands): March 31, 2021 December 31, 2020 Right-of-use assets: Operating (1) $ 1,335 $ 1,388 Finance (2) 4,323 4,354 Lease liabilities: Operating (3) 8,989 9,036 Finance 3,611 3,668 _________________________________ (1) Included in other assets on the accompanying condensed consolidated balance sheets. (2) Included in property and equipment, net on the accompanying condensed consolidated balance sheets. (3) Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets.
Maturities of finance lease liabilities	Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 588 $ 297 2022 806 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 80,043 $ 5,052 Total discounted lease liability $ 8,989 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,054 $ 1,441 Weighted-average remaining lease term 60 years 10 years Weighted-average discount rate 6.6 % 6.6 %
Maturities of operating lease liabilities	Maturities of lease liabilities as of March 31, 2021, are as follows (in thousands): Years Ending December 31, Operating Leases Finance Leases Remainder of 2021 $ 588 $ 297 2022 806 853 2023 552 400 2024 503 402 2025 503 429 2026 503 439 Thereafter 76,588 2,232 Total $ 80,043 $ 5,052 Total discounted lease liability $ 8,989 $ 3,611 Difference between undiscounted cash flows and discounted cash flows $ 71,054 $ 1,441 Weighted-average remaining lease term 60 years 10 years Weighted-average discount rate 6.6 % 6.6 %

EQUITY-BASED COMPENSATION (Tabl

EQUITY-BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2021
Share-based Payment Arrangement [Abstract]
Schedule of Unrecognized Compensation Cost	Total unrecognized compensation expense will be adjusted for forfeitures as they occur. Unrecognized Compensation Expense Related to Outstanding Awards (in thousands) Remaining Weighted-Average Amortization Period (in years) RSUs with service vesting conditions $ 9,579 2.0 RSUs with market vesting conditions 5,269 2.3 Total unrecognized compensation expense $ 14,848
Summary of Restricted Stock Award and Restricted Stock Unit Activity	RSU activity during the three months ended March 31, 2021, was as follows: Service-Based Awards Performance-Based Awards - Number of Weighted- Number of Weighted- Outstanding at January 1, 2021 986 $ 14.26 376 $ 12.96 Granted 183 $ 15.12 211 $ 17.26 Settled (217) $ 15.43 (39) $ 17.41 Forfeited (31) $ 15.23 (35) $ 13.34 Outstanding at March 31, 2021 921 $ 14.63 513 $ 14.37 Vested at March 31, 2021 117 $ 14.46 — $ — Nonvested at March 31, 2021 804 $ 14.65 513 $ 14.37
Summary of Key Assumptions Used for Fair Value Computation	During the three months ended March 31, 2021, the grant-date fair value of awards with market vesting conditions were calculated using a Monte Carlo simulation model with the following key assumptions: Expected holding period 3.0 years Risk–free rate of return 0.17 % Expected dividend yield 3.17 %

BUSINESS, ORGANIZATION AND BA_3

BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION - Additional Information (Detail)	Mar. 14, 2021$ / shares	Mar. 31, 2021HotelroomState$ / sharesshares	Dec. 31, 2020$ / sharesshares	Mar. 31, 2020roomHotelState
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (shares) | shares		177,730,773	177,560,635
Common stock, par value (dollars per share)		$ 0.01	$ 0.01
Common share to paired share ratio		1
ESH REIT | Eagle Parent Holdings L.P. | Merger Agreement
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Cash paid per share (in dollars per share)	$ 19.50
Cash paid per diem (in dollars per share)	0.001
Dividends (in dollars per share)	$ 1.75
Class B common stock
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (shares) | shares		1
Common stock, par value (dollars per share)		$ 0.01
Extended Stay America, Inc. | Class A common stock | ESH REIT
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Approximate percentage of ownership of common stock (as a percent)		58.00%
Hotel properties
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotel properties | Hotel		651
U.S.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of states in which the company owns hotels | State		40		40
U.S. | Hotel properties
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotel properties | Hotel		563		558
Number of rooms | room		62,700		62,100
Number of hotel properties managed for third parties | Hotel		88		74
Number of rooms managed by third parties | room		9,000		7,600

BUSINESS, ORGANIZATION AND BA_4

BUSINESS, ORGANIZATION AND BASIS OF CONSOLIDATION - REIT - Additional Information (Detail)	Mar. 14, 2021$ / shares	Mar. 31, 2021roomHotelState$ / sharesshares	Dec. 31, 2020$ / sharesshares	Mar. 31, 2020roomStateHotel
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (shares) | shares		177,730,773	177,560,635
Common stock, par value (dollars per share)		$ 0.01	$ 0.01
ESH REIT | Merger Agreement | Eagle Parent Holdings L.P.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Cash paid per share (in dollars per share)	$ 19.50
Cash paid per diem (in dollars per share)	0.001
U.S.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of states in which the company owns hotels | State		40		40
Hotel properties
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotel properties | Hotel		651
Hotel properties | U.S.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotel properties | Hotel		563		558
Number of rooms | room		62,700		62,100
Class B common stock
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (shares) | shares		1
Common stock, par value (dollars per share)		$ 0.01
ESH Hospitality, Inc.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (shares) | shares		1
Common stock, par value (dollars per share)		$ 0.01
ESH Hospitality, Inc. | ESH REIT | Merger Agreement | Eagle Parent Holdings L.P.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Cash paid per share (in dollars per share)	19.50
Cash paid per diem (in dollars per share)	$ 0.001
ESH Hospitality, Inc. | Hotel properties | U.S.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of rooms | room		62,700
ESH Hospitality, Inc. | Class B common stock
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Common stock, shares issued (shares) | shares		177,730,773	177,560,635
Common stock, par value (dollars per share)		$ 0.01	$ 0.01
ESH Hospitality, Inc. | ESH Hospitality, Inc.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Approximate percentage of ownership of common stock (as a percent)		58.00%

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2021segment
Summary Of Significant Accounting Policies [Line Items]
Number of reportable segments	2
Number of operating segments	2
Customer Relationships
Summary Of Significant Accounting Policies [Line Items]
Useful life	20 years
Software Development
Summary Of Significant Accounting Policies [Line Items]
Useful life	5 years
Minimum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of asset (years)	1 year
Maximum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of asset (years)	49 years

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - REIT - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2021segment
Summary Of Significant Accounting Policies [Line Items]
Number of operating segments	2
Number of reportable segments	2
ESH Hospitality, Inc.
Summary Of Significant Accounting Policies [Line Items]
Number of operating segments	1
Number of reportable segments	1
Minimum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of asset (years)	1 year
Minimum | ESH Hospitality, Inc.
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of asset (years)	1 year
Maximum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of asset (years)	49 years
Maximum | ESH Hospitality, Inc.
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of asset (years)	49 years

NET INCOME PER SHARE - Calculat

NET INCOME PER SHARE - Calculations of Basic and Diluted Net Income Per Share, Including a Reconciliation of Numerators and Denominators (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Numerator:
Net income available to Extended Stay America, Inc. common shareholders - basic	$ 1,921	$ 4,554
Income attributable to noncontrolling interests assuming conversion	(25)	(2)
Net income available to common shareholders - diluted	$ 1,896	$ 4,552
Denominator:
Weighted-average number of Extended Stay America, Inc. common shares outstanding - basic (shares)	177,827	177,990
Dilutive securities (shares)	722	181
Weighted-average number of common shares outstanding - diluted (shares)	178,549	178,171
Net (loss) income per common share - basic (dollars per share)	$ 0.01	$ 0.03
Net (loss) income per common share - diluted (dollars per share)	$ 0.01	$ 0.03

NET INCOME PER SHARE - Calcul_2

NET INCOME PER SHARE - Calculations of Basic and Diluted Net Income Per Share, Including a Reconciliation of Numerators and Denominators - REIT (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Numerator:
Net income	$ 12,366	$ 7,845
NET INCOME ATTRIBUTABLE TO EXTENDED STAY AMERICA, INC. COMMON SHAREHOLDERS	1,921	4,554
Net income available to ESH Hospitality, Inc. common shareholders	1,921	4,554
Income attributable to noncontrolling interests assuming conversion	(25)	(2)
Net income available to common shareholders - diluted	$ 1,896	$ 4,552
Denominator:
Weighted average number of ESH Hospitality, Inc. Class B common shares outstanding - basic (shares)	177,827	177,990
Dilutive securities (shares)	722	181
Weighted-average number of common shares outstanding - diluted (shares)	178,549	178,171
Net (loss) income per common share - basic (dollars per share)	$ 0.01	$ 0.03
Net (loss) income per common share - diluted (dollars per share)	$ 0.01	$ 0.03
ESH Hospitality, Inc.
Numerator:
Net income	$ 25,150	$ 7,918
Less preferred dividends	(4)	(4)
NET INCOME ATTRIBUTABLE TO EXTENDED STAY AMERICA, INC. COMMON SHAREHOLDERS	25,146	7,914
Net income available to ESH Hospitality, Inc. common shareholders	25,146	7,914
ESH Hospitality, Inc. | Class A common stock
Numerator:
NET INCOME ATTRIBUTABLE TO EXTENDED STAY AMERICA, INC. COMMON SHAREHOLDERS	14,706	4,627
Net income available to ESH Hospitality, Inc. common shareholders	14,706	4,627
Income attributable to noncontrolling interests assuming conversion	(25)	(2)
Net income available to common shareholders - diluted	$ 14,681	$ 4,625
Denominator:
Weighted-average number of ESH Hospitality, Inc. shares outstanding, basic and diluted (shares)	250,494	250,494
Weighted average number of ESH Hospitality, Inc. Class B common shares outstanding - basic (shares)	250,494	250,494
Weighted-average number of common shares outstanding - diluted (shares)	250,494	250,494
Net (loss) income per common share - basic (dollars per share)	$ 0.06	$ 0.02
Net (loss) income per common share - diluted (dollars per share)	$ 0.06	$ 0.02
ESH Hospitality, Inc. | Class B common stock
Numerator:
NET INCOME ATTRIBUTABLE TO EXTENDED STAY AMERICA, INC. COMMON SHAREHOLDERS	$ 10,440	$ 3,287
Net income available to ESH Hospitality, Inc. common shareholders	10,440	3,287
Income attributable to noncontrolling interests assuming conversion	25	2
Net income available to common shareholders - diluted	$ 10,465	$ 3,289
Denominator:
Weighted average number of ESH Hospitality, Inc. Class B common shares outstanding - basic (shares)	177,827	177,990
Dilutive securities (shares)	722	181
Weighted-average number of common shares outstanding - diluted (shares)	178,549	178,171
Net (loss) income per common share - basic (dollars per share)	$ 0.06	$ 0.02
Net (loss) income per common share - diluted (dollars per share)	$ 0.06	$ 0.02

HOTEL DISPOSITIONS - Summary of

HOTEL DISPOSITIONS - Summary of Hotel Dispositions (Details) $ in Thousands	1 Months Ended		3 Months Ended
	Mar. 31, 2021USD ($)Hotelroom	Nov. 30, 2020USD ($)roomHotel	Mar. 31, 2021USD ($)Hotelroom	Mar. 31, 2020USD ($)
Property, Plant and Equipment [Line Items]
Net Proceeds			$ 21,867	$ 0
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Hotel properties | TEXAS | Extended Stay America Hotels
Property, Plant and Equipment [Line Items]
Number of Hotels | Hotel	2		2
Number of Rooms | room	241		241
Net Proceeds	$ 21,867
Gain on Sale	$ 12,018
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Hotel properties | CALIFORNIA | Extended Stay America Hotels
Property, Plant and Equipment [Line Items]
Number of Hotels | Hotel		1
Number of Rooms | room		146
Net Proceeds		$ 63,556
Gain on Sale		$ 52,525

HOTEL DISPOSITIONS - Summary _2

HOTEL DISPOSITIONS - Summary of Total Revenues and Expenses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total operating expenses	$ 227,096	$ 223,960
INCOME BEFORE INCOME TAX EXPENSE	13,116	8,955
Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total room and other hotel revenues	615	1,611
Total operating expenses	548	1,125
INCOME BEFORE INCOME TAX EXPENSE	$ 67	$ 486

HOTEL DISPOSITIONS - Summary _3

HOTEL DISPOSITIONS - Summary of Hotel Dispositions - REIT (Details) $ in Thousands	1 Months Ended		3 Months Ended
	Mar. 31, 2021USD ($)Hotelroom	Nov. 30, 2020USD ($)roomHotel	Mar. 31, 2021USD ($)Hotelroom	Mar. 31, 2020USD ($)
Property, Plant and Equipment [Line Items]
Net Proceeds			$ 21,867	$ 0
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Net Proceeds			$ 21,867	$ 0
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Hotel properties | TEXAS | Extended Stay America Hotels
Property, Plant and Equipment [Line Items]
Number of Hotels | Hotel	2		2
Number of Rooms | room	241		241
Net Proceeds	$ 21,867
Gain (Loss) on Disposition of Assets	$ 12,018
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Hotel properties | CALIFORNIA | Extended Stay America Hotels
Property, Plant and Equipment [Line Items]
Number of Hotels | Hotel		1
Number of Rooms | room		146
Net Proceeds		$ 63,556
Gain (Loss) on Disposition of Assets		$ 52,525
ESH REIT | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Hotel properties | TEXAS | Extended Stay America Hotels | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Number of Hotels | Hotel	2		2
Number of Rooms | room	241		241
Net Proceeds	$ 21,867
Gain (Loss) on Disposition of Assets	$ 11,930
ESH REIT | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Hotel properties | CALIFORNIA | Extended Stay America Hotels | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Number of Hotels | Hotel		1
Number of Rooms | room		146
Net Proceeds		$ 63,556
Gain (Loss) on Disposition of Assets		$ 52,196

HOTEL DISPOSITIONS - Summary _4

HOTEL DISPOSITIONS - Summary of Total Revenues and Expenses - REIT (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Property, Plant and Equipment [Line Items]
Total operating expenses	$ 227,096	$ 223,960
INCOME BEFORE INCOME TAX EXPENSE	13,116	8,955
Disposal Group, Disposed of by Sale, Not Discontinued Operations
Property, Plant and Equipment [Line Items]
Total rental revenues from Extended Stay America, Inc.	615	1,611
Total operating expenses	548	1,125
INCOME BEFORE INCOME TAX EXPENSE	67	486
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Total operating expenses	76,119	78,282
INCOME BEFORE INCOME TAX EXPENSE	25,152	7,920
ESH Hospitality, Inc. | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Property, Plant and Equipment [Line Items]
Total rental revenues from Extended Stay America, Inc.	289	933
Total operating expenses	157	395
INCOME BEFORE INCOME TAX EXPENSE	$ 132	$ 538

PROPERTY AND EQUIPMENT - Net In

PROPERTY AND EQUIPMENT - Net Investment in Property and Equipment (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total cost	$ 4,985,658	$ 4,987,941
Total accumulated depreciation	(1,571,171)	(1,541,986)
Property and equipment — net	3,414,487	3,445,955
Finance lease asset	4,323	4,354
Land and site improvement
Property, Plant and Equipment [Line Items]
Total cost	1,249,785	1,246,441
Finance lease asset	4,000	4,000
Building and improvements
Property, Plant and Equipment [Line Items]
Total cost	2,895,078	2,881,855
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Total cost	782,465	783,414
Finance lease asset	400	400
Hotel properties
Property, Plant and Equipment [Line Items]
Total cost	4,927,328	4,911,710
Total accumulated depreciation	(1,546,732)	(1,518,236)
Development in process
Property, Plant and Equipment [Line Items]
Total cost	28,527	46,496
Corporate furniture, fixtures, equipment, software and other
Property, Plant and Equipment [Line Items]
Total cost	29,803	29,735
Total accumulated depreciation	$ (24,439)	$ (23,750)

PROPERTY AND EQUIPMENT - Additi

PROPERTY AND EQUIPMENT - Additional Information (Detail) - Development in process	Mar. 31, 2021locationparcel	Dec. 31, 2020parcel
Property, Plant and Equipment [Line Items]
Number of land parcels | parcel	6	8
Number of projects delayed due to market uncertainty | location	4

PROPERTY AND EQUIPMENT - New Co

PROPERTY AND EQUIPMENT - New Construction Properties (Details)	Mar. 31, 2021roomHotel	Dec. 31, 2020roomHotel	Nov. 30, 2020roomHotel	Aug. 31, 2020Hotelroom	Jun. 30, 2020roomHotel	Apr. 30, 2020Hotelroom	Mar. 31, 2020roomHotel
FLORIDA
Property, Plant and Equipment [Line Items]
Number of rooms | room	248	124	144	124			120
Various
Property, Plant and Equipment [Line Items]
Number of rooms | room					248
SOUTH CAROLINA
Property, Plant and Equipment [Line Items]
Number of rooms | room						120
Hotel properties
Property, Plant and Equipment [Line Items]
Number of hotel properties	651
Hotel properties | FLORIDA
Property, Plant and Equipment [Line Items]
Number of hotel properties	2	1	1	1			1
Hotel properties | Various
Property, Plant and Equipment [Line Items]
Number of hotel properties					2
Hotel properties | SOUTH CAROLINA
Property, Plant and Equipment [Line Items]
Number of hotel properties						1

PROPERTY AND EQUIPMENT - New _2

PROPERTY AND EQUIPMENT - New Construction Financials (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	$ 259,571	$ 266,301
Total operating expenses	227,096	223,960
Income (loss) before income tax expense	44,494	42,343
New Construction
Disaggregation of Revenue [Line Items]
Total operating expenses	3,722	130
Income (loss) before income tax expense	753	(22)
Occupancy Hotel and Other | New Construction
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	$ 4,475	$ 108

PROPERTY AND EQUIPMENT - Net _2

PROPERTY AND EQUIPMENT - Net Investment in Property and Equipment - REIT (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total cost	$ 4,985,658	$ 4,987,941
Less accumulated depreciation:	(1,571,171)	(1,541,986)
Property and equipment — net	3,414,487	3,445,955
Finance lease asset	4,323	4,354
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Total cost	4,999,217	5,001,570
Less accumulated depreciation:	(1,569,166)	(1,540,358)
Property and equipment — net	3,430,051	3,461,212
Finance lease asset	4,323	4,354
Land and site improvement
Property, Plant and Equipment [Line Items]
Total cost	1,249,785	1,246,441
Finance lease asset	4,000	4,000
Land and site improvement | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Total cost	1,252,151	1,248,807
Finance lease asset	4,000	4,000
Building and improvements
Property, Plant and Equipment [Line Items]
Total cost	2,895,078	2,881,855
Building and improvements | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Total cost	2,927,906	2,914,683
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Total cost	782,465	783,414
Finance lease asset	400	400
Furniture, fixtures and equipment | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Total cost	789,633	790,584
Finance lease asset	400	400
Hotel properties
Property, Plant and Equipment [Line Items]
Total cost	4,927,328	4,911,710
Less accumulated depreciation:	(1,546,732)	(1,518,236)
Hotel properties | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Total cost	4,969,690	4,954,074
Development in process
Property, Plant and Equipment [Line Items]
Total cost	28,527	46,496
Development in process | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Total cost	28,527	46,496
Other | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Total cost	$ 1,000	$ 1,000

PROPERTY AND EQUIPMENT - Addi_2

PROPERTY AND EQUIPMENT - Additional Information - REIT (Details) - Development in process	Mar. 31, 2021parcellocation	Dec. 31, 2020parcel
Property, Plant and Equipment [Line Items]
Number of land parcels | parcel	6	8
Number of projects delayed due to market uncertainty | location	4
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Number of land parcels | parcel	6	8
Number of projects delayed due to market uncertainty | location	4

PROPERTY AND EQUIPMENT - REIT -

PROPERTY AND EQUIPMENT - REIT - New Construction Property Detail (Details)	Mar. 31, 2021Hotelroom	Dec. 31, 2020roomHotel	Nov. 30, 2020roomHotel	Aug. 31, 2020Hotelroom	Jun. 30, 2020roomHotel	Apr. 30, 2020Hotelroom	Mar. 31, 2020roomHotel
FLORIDA
Property, Plant and Equipment [Line Items]
Number of rooms | room	248	124	144	124			120
FLORIDA | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Number of rooms | room	248	124	144	124			120
Various
Property, Plant and Equipment [Line Items]
Number of rooms | room					248
Various | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Number of rooms | room					248
SOUTH CAROLINA
Property, Plant and Equipment [Line Items]
Number of rooms | room						120
SOUTH CAROLINA | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Number of rooms | room						120
Hotel properties
Property, Plant and Equipment [Line Items]
Number of hotel properties	651
Hotel properties | FLORIDA
Property, Plant and Equipment [Line Items]
Number of hotel properties	2	1	1	1			1
Hotel properties | FLORIDA | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Number of hotel properties	2	1	1	1			1
Hotel properties | Various
Property, Plant and Equipment [Line Items]
Number of hotel properties					2
Hotel properties | Various | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Number of hotel properties					2
Hotel properties | SOUTH CAROLINA
Property, Plant and Equipment [Line Items]
Number of hotel properties						1
Hotel properties | SOUTH CAROLINA | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Number of hotel properties						1

Property and Equipment - REIT_2

Property and Equipment - REIT - Schedule of Newly Built Hotels Financials (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Property, Plant and Equipment [Line Items]
Total operating expenses	$ 227,096	$ 223,960
Income (loss) before income tax expense	44,494	42,343
ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Rental revenues from Extended Stay America, Inc.	120,392	119,190
Total operating expenses	76,119	78,282
Income (loss) before income tax expense	56,203	40,908
New Construction
Property, Plant and Equipment [Line Items]
Total operating expenses	3,722	130
Income (loss) before income tax expense	753	(22)
New Construction | ESH Hospitality, Inc.
Property, Plant and Equipment [Line Items]
Rental revenues from Extended Stay America, Inc.	1,975	130
Total operating expenses	1,901	62
Income (loss) before income tax expense	$ 74	$ 68

INTANGIBLE ASSETS AND GOODWIL_4

INTANGIBLE ASSETS AND GOODWILL - Company's Intangible Assets and Goodwill (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Total intangible assets, gross	$ 51,426	$ 49,808
Accumulated Amortization	(16,412)	(15,715)
Definite-lived intangible assets, total net book value	24,412
Total intangible assets, net book value	35,014	34,093
Goodwill, gross	44,921	45,055
Goodwill net book value	44,921	45,055
Total intangible assets and goodwill, gross	96,347	94,863
Total intangible assets and goodwill, net book value	79,935	79,148
Trademarks
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	10,163	10,163
Customer Relationships
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross	26,800	26,800
Accumulated Amortization	(14,045)	(13,710)
Definite-lived intangible assets, total net book value	12,755	13,090
Software development and licenses
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross	14,024	10,546
Accumulated Amortization	(2,367)	(2,005)
Definite-lived intangible assets, total net book value	11,657	8,541
Software in Process
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross	439	2,299
Accumulated Amortization	0
Definite-lived intangible assets, total net book value	$ 439	$ 2,299

INTANGIBLE ASSETS AND GOODWIL_5

INTANGIBLE ASSETS AND GOODWILL - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Weighted average amortization period for intangible assets	8 years

INTANGIBLE ASSETS AND GOODWIL_6

INTANGIBLE ASSETS AND GOODWILL - Estimated Future Amortization Expense for Definite-lived Intangible Assets (Detail) $ in Thousands	Mar. 31, 2021USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2021	$ 2,463
2022	3,279
2023	3,279
2024	3,279
2025	3,279
2026	2,723
Thereafter	6,110
Definite-lived intangible assets, total net book value	$ 24,412

INTANGIBLE ASSETS AND GOODWIL_7

INTANGIBLE ASSETS AND GOODWILL - REIT - Company's Intangible Assets and Goodwill (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Accumulated Amortization	$ (16,412)	$ (15,715)
Definite-lived intangible assets, total net book value	24,412
Goodwill, gross	44,921	45,055
Goodwill net book value	44,921	45,055
Total intangible assets and goodwill, gross	96,347	94,863
Total intangible assets and goodwill, net book value	79,935	79,148
Software development and licenses
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross	14,024	10,546
Accumulated Amortization	(2,367)	(2,005)
Definite-lived intangible assets, total net book value	11,657	8,541
ESH Hospitality, Inc.
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Accumulated Amortization	(2,312)	(2,005)
Definite-lived intangible assets, total net book value	8,285
Goodwill, gross	43,748	43,878
Goodwill net book value	43,748	43,878
Total intangible assets and goodwill, gross	54,345	54,424
Total intangible assets and goodwill, net book value	$ 52,033	52,419
Useful life	7 years
ESH Hospitality, Inc. | Software development and licenses
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross	$ 10,597	10,546
Accumulated Amortization	(2,312)	(2,005)
Definite-lived intangible assets, total net book value	$ 8,285	$ 8,541

INTANGIBLE ASSETS AND GOODWILL-

INTANGIBLE ASSETS AND GOODWILL- REIT - Estimated Future Amortization Expense for Definite-lived Intangible Assets (Detail) $ in Thousands	Mar. 31, 2021USD ($)
Entity Information [Line Items]
Remainder of 2021	$ 2,463
2022	3,279
2023	3,279
2024	3,279
2025	3,279
2026	2,723
Thereafter	6,110
Definite-lived intangible assets, total net book value	24,412
ESH Hospitality, Inc.
Entity Information [Line Items]
Remainder of 2021	944
2022	1,259
2023	1,259
2024	1,259
2025	1,259
2026	1,259
Thereafter	1,046
Definite-lived intangible assets, total net book value	$ 8,285

DEBT - Company's Outstanding De

DEBT - Company's Outstanding Debt (Detail) - USD ($)	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Sep. 30, 2019	Mar. 31, 2016	May 31, 2015
Debt Instrument [Line Items]
Carrying Amount, Term loan facility	$ 612,499,000	$ 613,667,000	$ 612,499,000
Carrying Amount, Revolving credit facilities	9,765,000	49,765,000	9,765,000
Carrying Amount, Total	2,674,242,000	2,715,417,000	2,674,242,000
Unamortized Deferred Financing Costs	32,721,000	34,376,000	32,721,000
ESH Hospitality, Inc.
Debt Instrument [Line Items]
Carrying Amount, Term loan facility	612,499,000	613,667,000	612,499,000
Carrying Amount, Total	2,664,477,000	2,665,652,000	2,664,477,000
Unamortized Deferred Financing Costs	32,236,000	33,856,000	$ 32,236,000
Mandatory prepayments are required up to a certain amount of excess cash flow			50.00%
ESH REIT Term Facility | Medium-term Notes
Debt Instrument [Line Items]
Stated Amount	630,900,000		$ 630,900,000
ESH REIT Term Facility | Term Loan Facility | Medium-term Notes
Debt Instrument [Line Items]
Unamortized Deferred Financing Costs	7,348,000		7,348,000
ESH REIT Term Facility | Term Loan Facility | Medium-term Notes | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Unamortized discount on debt	1,600,000	1,700,000	1,600,000
Quarterly installment			1,600,000
ESH REIT Term Facility | ESH REIT | Term Loan Facility | Medium-term Notes
Debt Instrument [Line Items]
Stated Amount	630,909,000		630,909,000
Carrying Amount, Term loan facility	$ 619,847,000	621,351,000	$ 619,847,000
Unamortized Deferred Financing Costs		7,684,000
Derivative rate (as a percent)	1.175%		1.175%
2025 Notes | Senior Notes
Debt Instrument [Line Items]
Unamortized Deferred Financing Costs	$ 11,526,000		$ 11,526,000
2025 Notes | Senior Notes | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Stated Amount	1,300,000,000		1,300,000,000			$ 800,000,000	$ 500,000,000
Carrying Amount, Senior notes	1,294,630,000	1,294,301,000	1,294,630,000
Unamortized Deferred Financing Costs	$ 11,526,000	12,232,000	$ 11,526,000
Stated Interest Rate	5.25%		5.25%				5.25%
Unamortized discount on debt	$ 5,400,000	5,700,000	$ 5,400,000
2025 Notes | ESH REIT | Senior Notes
Debt Instrument [Line Items]
Stated Amount	1,300,000,000		1,300,000,000			$ 800,000,000	$ 500,000,000
Carrying Amount, Senior notes	$ 1,294,630,000	1,294,301,000	$ 1,294,630,000
Unamortized Deferred Financing Costs		12,232,000
Stated Interest Rate	5.25%		5.25%				5.25%
Unamortized discount on debt	$ 5,400,000	5,700,000	$ 5,400,000
2027 Notes | Senior Notes | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Stated Amount	750,000,000		750,000,000		$ 750,000,000
Carrying Amount, Senior notes	750,000,000	750,000,000	750,000,000
Unamortized Deferred Financing Costs	$ 11,439,000	11,879,000	$ 11,439,000	$ 11,439,000
Stated Interest Rate	4.63%		4.63%		4.625%
ESH REIT Revolving Credit Facility | ESH REIT | Revolving Credit Facility
Debt Instrument [Line Items]
Stated Amount	$ 350,000,000		$ 350,000,000
Carrying Amount, Revolving credit facilities	0	0	0
Unamortized Deferred Financing Costs	1,923,000	2,061,000	1,923,000
Corporation Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Stated Amount	50,000,000		50,000,000
Carrying Amount, Revolving credit facilities	9,765,000	49,765,000	9,765,000
Unamortized Deferred Financing Costs	$ 485,000	$ 520,000	$ 485,000
LIBOR
Debt Instrument [Line Items]
Stated Interest Rate	0.11%	0.14%
LIBOR | ESH REIT Term Facility | ESH REIT | Term Loan Facility | Medium-term Notes
Debt Instrument [Line Items]
Stated Interest Rate			2.00%
LIBOR | ESH REIT Revolving Credit Facility | ESH REIT | Revolving Credit Facility
Debt Instrument [Line Items]
Stated Interest Rate			2.00%
LIBOR | Corporation Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Stated Interest Rate			2.25%
Designated as Hedging Instrument | Interest Rate Swap
Debt Instrument [Line Items]
Derivative notional amount	$ 50,000,000		$ 50,000,000
Designated as Hedging Instrument | Interest Rate Swap | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Derivative notional amount	50,000,000	$ 100,000,000	50,000,000
Designated as Hedging Instrument | Interest Rate Swap | ESH REIT
Debt Instrument [Line Items]
Derivative notional amount	$ 50,000,000	$ 100,000,000	$ 50,000,000

Debt - Additional Information (

Debt - Additional Information (Details)	Mar. 31, 2021USD ($)LetterOfCredit	Dec. 31, 2020USD ($)	Sep. 30, 2019USD ($)	Mar. 31, 2021USD ($)letterOfCredit	Mar. 31, 2020USD ($)	Sep. 30, 2020USD ($)	May 06, 2020USD ($)	Mar. 31, 2016USD ($)	May 31, 2015USD ($)
Debt Instrument [Line Items]
Repayments of lines of credit				$ 40,000,000	$ 0
Estimated fair value	$ 2,700,000,000	$ 2,800,000,000		2,700,000,000
ESH Hospitality, Inc.
Debt Instrument [Line Items]
Estimated fair value	$ 2,700,000,000	$ 2,700,000,000		2,700,000,000
LIBOR
Debt Instrument [Line Items]
Spread on base rate (as a percent)	0.11%	0.14%
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, capacity	$ 600,000,000			$ 600,000,000
ESH REIT Term Facility | Revolving Credit Facility | Federal Funds Rate | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
ESH REIT Term Facility | Revolving Credit Facility | One-Month London Interbank Offered Rate | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH REIT Term Facility | Revolving Credit Facility | ESH REIT
Debt Instrument [Line Items]
Revolving credit facility, capacity	350,000,000			$ 350,000,000
ESH REIT Term Facility | Revolving Credit Facility | ESH REIT | Libor Plus Rate Other than Level 1 Period
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
ESH REIT Term Facility | Revolving Credit Facility | ESH REIT | Libor Plus Rate
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.75%
ESH REIT Term Facility | Medium-term Notes
Debt Instrument [Line Items]
Stated amount	630,900,000			$ 630,900,000
ESH REIT Term Facility | Medium-term Notes | Libor Plus Rate Other than Level 1 Period | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Revolving credit facility, capacity	$ 350,000,000			$ 350,000,000
Loan to value ratio maximum	45.00%			45.00%
Spread on base rate (as a percent)				1.00%
Fair value of amount outstanding	$ 350,000,000			$ 350,000,000
2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | Minimum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Fee on unutilized revolving credit facility				0.175%
2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | Maximum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Fee on unutilized revolving credit facility				0.30%
2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | LIBOR | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | LIBOR | Minimum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.50%
2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | LIBOR | Maximum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.00%
2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | Federal Funds Rate | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | Base Rate | Minimum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | Base Rate | Maximum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility | ESH REIT
Debt Instrument [Line Items]
Fair value of amount outstanding						$ 350,000,000
Number of letters of credit | letterOfCredit				0
Additional borrowing capacity							$ 150,000,000
Minimum liquidity							$ 150,000,000
2016 ESH REIT Revolving Credit Facility | Letter of Credit | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Revolving credit facility, capacity	$ 50,000,000			$ 50,000,000
Number of letters of credit | LetterOfCredit	0
2016 ESH REIT Revolving Credit Facility | Line of Credit | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Stated amount	$ 350,000,000			350,000,000
2025 Notes | Senior Notes | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Stated amount	$ 1,300,000,000			$ 1,300,000,000				$ 800,000,000	$ 500,000,000
Stated interest rate (as a percent)	5.25%			5.25%					5.25%
2025 Notes | Senior Notes | Change of Control | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				101.00%
2025 Notes | Senior Notes | Minimum | Redemption period three | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				100.00%
2025 Notes | Senior Notes | Maximum | Redemption period three | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				102.625%
2025 Notes | Senior Notes | ESH REIT
Debt Instrument [Line Items]
Stated amount	$ 1,300,000,000			$ 1,300,000,000				$ 800,000,000	$ 500,000,000
Stated interest rate (as a percent)	5.25%			5.25%					5.25%
2025 Notes | Senior Notes | ESH REIT | Change of Control
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				101.00%
2025 Notes | Senior Notes | ESH REIT | Minimum | Redemption period three
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				100.00%
2025 Notes | Senior Notes | ESH REIT | Maximum | Redemption period three
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				102.625%
2027 Notes | Senior Notes | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Stated amount	$ 750,000,000		$ 750,000,000	$ 750,000,000
Stated interest rate (as a percent)	4.63%		4.625%	4.63%
Percent of debt issued in private placement			100.00%
2027 Notes | Senior Notes | Redemption period one | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				102.313%
2027 Notes | Senior Notes | Redemption period two | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				100.00%
2027 Notes | Senior Notes | Redemption period three | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				100.00%
Redemption price percentage of principal amount redeemed				35.00%
Percentage of principal amount outstanding				65.00%
2027 Notes | Senior Notes | Redemption period four | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment				101.00%
2016 Corporation Revolving Credit Facility | Revolving Credit Facility | Minimum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Fee on unutilized revolving credit facility				0.175%
2016 Corporation Revolving Credit Facility | Revolving Credit Facility | Maximum | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Fee on unutilized revolving credit facility				0.30%
2016 Corporation Revolving Credit Facility | Revolving Credit Facility | LIBOR
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.25%
2016 Corporation Revolving Credit Facility | Revolving Credit Facility | LIBOR | Maximum
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.25%
2016 Corporation Revolving Credit Facility | Revolving Credit Facility | Federal Funds Rate
Debt Instrument [Line Items]
Spread on base rate (as a percent)				0.50%
2016 Corporation Revolving Credit Facility | Revolving Credit Facility | One-Month London Interbank Offered Rate | Minimum
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.00%
2016 Corporation Revolving Credit Facility | Revolving Credit Facility | ESH REIT
Debt Instrument [Line Items]
Loan to value ratio maximum	45.00%			45.00%
2016 Corporation Revolving Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Fair value of amount outstanding	$ 9,800,000			$ 9,800,000
Number of letters of credit | letterOfCredit				1
Consolidated leverage ratio maximum				8.75
2016 Corporation Revolving Credit Facility | Letter of Credit | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Revolving credit facility, capacity	50,000,000			$ 50,000,000
Fair value of amount outstanding	200,000			200,000
Line of credit facility, remaining borrowing capacity	40,000,000			40,000,000
2016 Corporation Revolving Credit Facility | Swingline Loan
Debt Instrument [Line Items]
Revolving credit facility, capacity	20,000,000			$ 20,000,000
2016 Corporation Revolving Credit Facility | Line of Credit | Revolving Credit Facility | ESH REIT
Debt Instrument [Line Items]
Minimum principal coverage				25.00%
2016 Corporation Revolving Credit Facility | Line of Credit | Letter of Credit | ESH REIT
Debt Instrument [Line Items]
Revolving credit facility, capacity	30,000,000			$ 30,000,000
Corporation Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Stated amount	$ 50,000,000			50,000,000
Repayments of lines of credit				$ 40,000,000
Corporation Revolving Credit Facility | Revolving Credit Facility | LIBOR
Debt Instrument [Line Items]
Spread on base rate (as a percent)				2.25%
Public Corporate Family Rating Better Than Or Equal To BB- | ESH REIT Term Facility | Medium-term Notes | LIBOR | ESH Hospitality, Inc.
Debt Instrument [Line Items]
Spread on base rate (as a percent)				1.75%

DEBT - Summary of Components of

DEBT - Summary of Components of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Debt Disclosure [Abstract]
Contractual interest, net	$ 29,067	$ 31,326
Amortization of deferred financing costs and debt discount	2,058	2,052
Other costs	338	293
Interest income	(1)	(986)
Total	31,462	32,685
Interest costs capitalized	$ 430	$ 859

DEBT - Company's Outstanding _2

DEBT - Company's Outstanding Debt - REIT (Detail) - USD ($)	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Sep. 30, 2019	Mar. 31, 2016	May 31, 2015
Debt Instrument [Line Items]
Carrying Amount, Term loan facility	$ 612,499,000	$ 613,667,000	$ 612,499,000
Carrying Amount, Revolving credit facilities	9,765,000	49,765,000	9,765,000
Carrying Amount, Total	2,674,242,000	2,715,417,000	2,674,242,000
Unamortized Deferred Financing Costs	32,721,000	$ 34,376,000	32,721,000
2025 Notes | Senior Notes
Debt Instrument [Line Items]
Unamortized Deferred Financing Costs	$ 11,526,000		11,526,000
LIBOR
Debt Instrument [Line Items]
Stated Interest Rate	0.11%	0.14%
Interest Rate Swap | Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount	$ 50,000,000		50,000,000
ESH Hospitality, Inc.
Debt Instrument [Line Items]
Carrying Amount, Term loan facility	612,499,000	$ 613,667,000	612,499,000
Carrying Amount, Total	2,664,477,000	2,665,652,000	2,664,477,000
Unamortized Deferred Financing Costs	32,236,000	33,856,000	$ 32,236,000
Mandatory prepayments are required up to a certain amount of excess cash flow			50.00%
ESH Hospitality, Inc. | ESH REIT 2016 Term Facility | Medium-term Notes
Debt Instrument [Line Items]
Stated Amount	630,909,000		$ 630,909,000
Carrying Amount, Term loan facility	619,847,000	621,351,000	619,847,000
Unamortized Deferred Financing Costs	7,348,000	7,684,000	7,348,000
ESH Hospitality, Inc. | ESH REIT 2016 Term Facility | Term Loan Facility | Medium-term Notes
Debt Instrument [Line Items]
Unamortized discount on debt	$ 1,600,000	1,700,000	$ 1,600,000
Derivative rate (as a percent)	1.175%		1.175%
Quarterly installment			$ 1,600,000
ESH Hospitality, Inc. | 2025 Notes | Senior Notes
Debt Instrument [Line Items]
Stated Amount	$ 1,300,000,000		1,300,000,000			$ 800,000,000	$ 500,000,000
Carrying Amount, Senior notes	1,294,630,000	1,294,301,000	1,294,630,000
Unamortized Deferred Financing Costs	$ 11,526,000	12,232,000	$ 11,526,000
Stated Interest Rate	5.25%		5.25%				5.25%
Unamortized discount on debt	$ 5,400,000	5,700,000	$ 5,400,000
ESH Hospitality, Inc. | 2027 Notes | Senior Notes
Debt Instrument [Line Items]
Stated Amount	750,000,000		750,000,000		$ 750,000,000
Carrying Amount, Senior notes	750,000,000	750,000,000	750,000,000
Unamortized Deferred Financing Costs	$ 11,439,000	11,879,000	$ 11,439,000	$ 11,439,000
Stated Interest Rate	4.63%		4.63%		4.625%
ESH Hospitality, Inc. | 2016 ESH REIT Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Stated Amount	$ 350,000,000		$ 350,000,000
Carrying Amount, Revolving credit facilities	0	0	0
Unamortized Deferred Financing Costs	1,923,000	2,061,000	$ 1,923,000
ESH Hospitality, Inc. | 2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Stated Interest Rate			1.00%
ESH Hospitality, Inc. | ESH REIT Intercompany Facility | Line of Credit
Debt Instrument [Line Items]
Stated Amount	75,000,000		$ 75,000,000
Carrying amount, unsecured intercompany facility	0	0	0
Unamortized Deferred Financing Costs	$ 0	$ 0	$ 0
Stated Interest Rate	5.00%		5.00%
ESH Hospitality, Inc. | LIBOR | ESH REIT 2016 Term Facility | Medium-term Notes
Debt Instrument [Line Items]
Stated Interest Rate	0.11%	0.14%	2.00%
ESH Hospitality, Inc. | LIBOR | 2016 ESH REIT Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Stated Interest Rate			2.00%
ESH Hospitality, Inc. | Interest Rate Swap | Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount	$ 50,000,000	$ 100,000,000	$ 50,000,000

DEBT - Additional Information -

DEBT - Additional Information - REIT (Details)	Mar. 31, 2021USD ($)LetterOfCredit	Dec. 31, 2020USD ($)	Mar. 31, 2021USD ($)	Sep. 30, 2019USD ($)	Mar. 31, 2016USD ($)	May 31, 2015USD ($)
Debt Instrument [Line Items]
Estimated fair value	$ 2,700,000,000	$ 2,800,000,000	$ 2,700,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, capacity	$ 600,000,000		600,000,000
LIBOR
Debt Instrument [Line Items]
Spread on base rate (as a percent)	0.11%	0.14%
ESH Hospitality, Inc.
Debt Instrument [Line Items]
Estimated fair value	$ 2,700,000,000	$ 2,700,000,000	2,700,000,000
ESH Hospitality, Inc. | ESH REIT 2016 Term Facility | Medium-term Notes
Debt Instrument [Line Items]
Stated amount	630,909,000		630,909,000
ESH Hospitality, Inc. | 2016 ESH REIT Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Stated amount	350,000,000		350,000,000
ESH Hospitality, Inc. | 2025 Notes | Senior Notes
Debt Instrument [Line Items]
Stated amount	$ 1,300,000,000		$ 1,300,000,000		$ 800,000,000	$ 500,000,000
Stated interest rate (as a percent)	5.25%		5.25%			5.25%
ESH Hospitality, Inc. | 2025 Notes | Senior Notes | Change of Control
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment			101.00%
ESH Hospitality, Inc. | 2027 Notes | Senior Notes
Debt Instrument [Line Items]
Stated amount	$ 750,000,000		$ 750,000,000	$ 750,000,000
Stated interest rate (as a percent)	4.63%		4.63%	4.625%
ESH Hospitality, Inc. | 2027 Notes | Senior Notes | Redemption period one
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment			102.313%
ESH Hospitality, Inc. | 2027 Notes | Senior Notes | Redemption period two
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment			100.00%
ESH Hospitality, Inc. | 2027 Notes | Senior Notes | Redemption period three
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment			100.00%
Redemption price percentage of principal amount redeemed			35.00%
Percentage of principal amount outstanding			65.00%
ESH Hospitality, Inc. | 2027 Notes | Senior Notes | Redemption period four
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment			101.00%
ESH Hospitality, Inc. | ESH REIT Intercompany Facility | Line of Credit
Debt Instrument [Line Items]
Stated amount	$ 75,000,000		$ 75,000,000
Stated interest rate (as a percent)	5.00%		5.00%
Carrying amount, unsecured intercompany facility	$ 0	$ 0	$ 0
ESH Hospitality, Inc. | Revolving Credit Facility | 2016 ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, capacity	350,000,000		350,000,000
Accordion feature increase limit	$ 600,000,000		$ 600,000,000
Loan to value ratio maximum	45.00%		45.00%
Spread on base rate (as a percent)			1.00%
Amount of borrowing capacity drawn	$ 350,000,000		$ 350,000,000
ESH Hospitality, Inc. | Letter of Credit | 2016 ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, capacity	$ 50,000,000		$ 50,000,000
Number of letters of credit | LetterOfCredit	0
ESH Hospitality, Inc. | Line of Credit | ESH REIT Intercompany Facility | Unsecured Debt
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.00%		5.00%
Maximum unsecured intercompany credit facility amount	$ 300,000,000		$ 300,000,000
ESH Hospitality, Inc. | LIBOR | ESH REIT 2016 Term Facility | Medium-term Notes
Debt Instrument [Line Items]
Spread on base rate (as a percent)	0.11%	0.14%	2.00%
ESH Hospitality, Inc. | LIBOR | Revolving Credit Facility | 2016 ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Spread on base rate (as a percent)			2.00%
ESH Hospitality, Inc. | Federal Funds Rate | Revolving Credit Facility | ESH REIT 2016 Term Facility
Debt Instrument [Line Items]
Spread on base rate (as a percent)			0.50%
ESH Hospitality, Inc. | Federal Funds Rate | Revolving Credit Facility | 2016 ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Spread on base rate (as a percent)			0.50%
ESH Hospitality, Inc. | One-Month London Interbank Offered Rate | Revolving Credit Facility | ESH REIT 2016 Term Facility
Debt Instrument [Line Items]
Spread on base rate (as a percent)			1.00%
ESH Hospitality, Inc. | Libor Plus Rate | Revolving Credit Facility | ESH REIT 2016 Term Facility
Debt Instrument [Line Items]
Spread on base rate (as a percent)			0.75%
ESH Hospitality, Inc. | Libor Plus Rate Other than Level 1 Period | Revolving Credit Facility | ESH REIT 2016 Term Facility
Debt Instrument [Line Items]
Spread on base rate (as a percent)			1.00%
ESH Hospitality, Inc. | Minimum | 2025 Notes | Senior Notes | Redemption period three
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment			100.00%
ESH Hospitality, Inc. | Minimum | Revolving Credit Facility | 2016 ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Fee on unutilized revolving credit facility			0.175%
ESH Hospitality, Inc. | Minimum | LIBOR | Revolving Credit Facility | 2016 ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Spread on base rate (as a percent)			1.50%
ESH Hospitality, Inc. | Minimum | Base Rate | Revolving Credit Facility | 2016 ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Spread on base rate (as a percent)			0.50%
ESH Hospitality, Inc. | Maximum | 2025 Notes | Senior Notes | Redemption period three
Debt Instrument [Line Items]
Redemption price as a percentage of principal repayment			102.625%
ESH Hospitality, Inc. | Maximum | Revolving Credit Facility | 2016 ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Fee on unutilized revolving credit facility			0.30%
ESH Hospitality, Inc. | Maximum | LIBOR | Revolving Credit Facility | 2016 ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Spread on base rate (as a percent)			2.00%
ESH Hospitality, Inc. | Maximum | Base Rate | Revolving Credit Facility | 2016 ESH REIT Revolving Credit Facility
Debt Instrument [Line Items]
Spread on base rate (as a percent)			1.00%
ESH Hospitality, Inc. | Public Corporate Family Rating Better Than Or Equal To BB- | LIBOR | ESH REIT 2016 Term Facility | Medium-term Notes
Debt Instrument [Line Items]
Spread on base rate (as a percent)			1.75%

DEBT - Summary of Components _2

DEBT - Summary of Components of Interest Expense - REIT (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Entity Information [Line Items]
Contractual interest, net	$ 29,067	$ 31,326
Amortization of deferred financing costs and debt discount	2,058	2,052
Other costs	338	293
Interest income	(1)	(986)
Total	31,462	32,685
Interest costs capitalized	430	859
ESH Hospitality, Inc.
Entity Information [Line Items]
Contractual interest, net	28,879	31,090
Amortization of deferred financing costs and debt discount	2,023	2,022
Other costs	327	262
Interest income	(94)	(946)
Total	31,135	32,428
Interest costs capitalized	$ 430	$ 859

DERIVATIVE INSTRUMENTS - Additi

DERIVATIVE INSTRUMENTS - Additional Information (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Derivative notional amount	$ 50,000,000
Interest rate cash flow hedge gain (loss), net of tax	(227,000)		$ (445,000)
Gain to be reclassified to earnings in next twelve months	300,000
Designated as Hedging Instrument | Interest Rate Swap | Interest expense (income), net
Derivative [Line Items]
Interest rate cash flow hedge gain (loss), net of tax	(262,000)	$ 257,000
ESH REIT | Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Derivative notional amount	$ 50,000,000		$ 100,000,000
Term Loan Facility | Medium-term Notes | ESH REIT Term Facility | ESH REIT
Derivative [Line Items]
Derivative rate (as a percent)	1.175%

DERIVATIVE INSTRUMENTS - Schedu

DERIVATIVE INSTRUMENTS - Schedule of Derivative Instruments (Details) - Designated as Hedging Instrument - Interest Rate Swap - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Derivative [Line Items]
Fair value of interest rate swap	$ (268)		$ (525)
Interest rate cash flow hedge gain (loss), net of tax	(227)		(445)
Change in fair value	300		$ (1,400)
Interest expense (income), net
Derivative [Line Items]
Interest rate cash flow hedge gain (loss), net of tax	$ (262)	$ 257

DERIVATIVE INSTRUMENTS - Addi_2

DERIVATIVE INSTRUMENTS - Additional Information - REIT (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Derivative notional amount	$ 50,000,000
Gain to be reclassified to earnings in next twelve months	300,000
ESH Hospitality, Inc. | Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Derivative notional amount	50,000,000		$ 100,000,000
Gain (loss) recognized in income	(300,000)	$ 300,000
Gain to be reclassified to earnings in next twelve months	$ 300,000
Term Loan Facility | Medium-term Notes | ESH REIT Term Facility | ESH Hospitality, Inc.
Derivative [Line Items]
Derivative rate (as a percent)	1.175%

DERIVATIVE INSTRUMENTS - Sche_2

DERIVATIVE INSTRUMENTS - Schedule of Derivative Instruments - REIT (Details) (Details) - Designated as Hedging Instrument - Interest Rate Swap - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Derivative [Line Items]
Fair value of interest rate swap	$ (268)		$ (525)
Interest rate cash flow hedge gain (loss), net of tax	(227)		(445)
Change in fair value	300		(1,400)
Interest expense (income), net
Derivative [Line Items]
Interest rate cash flow hedge gain (loss), net of tax	(262)	$ 257
ESH Hospitality, Inc.
Derivative [Line Items]
Fair value of interest rate swap	(268)		(525)
Interest rate cash flow hedge gain (loss), net of tax	(268)		(526)
Change in fair value	300		$ (1,400)
ESH Hospitality, Inc. | Interest expense (income), net
Derivative [Line Items]
Interest rate cash flow hedge gain (loss), net of tax	$ (262)	$ 257

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS - Disaggregation by Booking Source (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	$ 259,571	$ 266,301
Room revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	249,868	254,464
Other Hotel Revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	6,700	6,800
Property direct | Room revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	68,052	60,024
Central call center | Room revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	77,980	77,191
Proprietary website | Room revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	53,589	52,939
Third-party intermediaries | Room revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	44,929	57,820
Travel agency global distribution systems | Room revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	$ 5,318	$ 6,490

REVENUE FROM CONTRACTS WITH C_4

REVENUE FROM CONTRACTS WITH CUSTOMERS - Disaggregation by Length of Guest Stay (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	$ 259,571	$ 266,301
Room revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	249,868	254,464
Other Hotel Revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	6,700	6,800
1-6 nights | Room revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	64,288	84,594
7-29 nights | Room revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	55,053	54,831
30+ nights | Room revenues
Disaggregation of Revenue [Line Items]
Total room and other hotel revenues	$ 130,527	$ 115,039

REVENUE FROM CONTRACTS WITH C_5

REVENUE FROM CONTRACTS WITH CUSTOMERS - Disaggregation of Revenues from Franchised and Managed Hotels (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2020hotel
Disaggregation of Revenue [Line Items]
Total revenues	$ 259,571	$ 266,301
Number of hotels previously managed | hotel			25
Management fees (1)
Disaggregation of Revenue [Line Items]
Total revenues	0	235
Franchise fees
Disaggregation of Revenue [Line Items]
Total revenues	1,218	1,044
Indirect reimbursements (system service fees)
Disaggregation of Revenue [Line Items]
Total revenues	1,471	1,190
Direct reimbursements
Disaggregation of Revenue [Line Items]
Total revenues	334	2,600
Total revenues from franchised and managed hotels
Disaggregation of Revenue [Line Items]
Total revenues	$ 3,023	$ 5,069

REVENUE FROM CONTRACTS WITH C_6

REVENUE FROM CONTRACTS WITH CUSTOMERS - Schedule of Outstanding Customer Contract Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Contract liabilities - beginning of period	$ 17,197	$ 16,111
Contract liabilities - end of period	17,687	16,231
Portion of beginning balance recognized as revenue during the period	$ 10,422	$ 10,172

REVENUE FROM CONTRACTS WITH C_7

REVENUE FROM CONTRACTS WITH CUSTOMERS - Performance Obligations (Details) $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)
Owned hotels
Disaggregation of Revenue [Line Items]
Outstanding contract liabilities	$ 12.4
Performance obligation, term	1 year
Franchised Hotels
Disaggregation of Revenue [Line Items]
Outstanding contract liabilities	$ 5.3
Performance obligation, term	20 years

SEGMENTS - Schedule of Operatin

SEGMENTS - Schedule of Operating Segments Evaluated on Income from Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total revenues	$ 259,571	$ 266,301
Income from operations:	44,494	42,343
Gain on sale of hotel properties	12,018	0
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total revenues	258,529	263,294
Income from operations:	58,744	50,613
Operating Segments | Owned hotels
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total revenues	256,548	261,232
Income from operations:	56,763	48,551
Operating Segments | Franchise and management
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total revenues	1,981	2,062
Income from operations:	1,981	2,062
Intellectual property fees	800	800
Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total revenues	18,109	19,992
Income from operations:	(13,611)	(7,853)
Intersegment Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total revenues	(18,872)	(20,775)
Other revenues from franchised and managed properties
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total revenues	1,805	3,790
Income from operations:	$ (639)	$ (417)

SEGMENTS - Schedule of Assets a

SEGMENTS - Schedule of Assets and Capital Expenditures of Operating Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Segment Reporting Information [Line Items]
Assets:	$ 4,020,348		$ 4,089,149
Capital expenditures:	30,436	$ 54,579
Operating Segments
Segment Reporting Information [Line Items]
Assets:	3,822,633		3,816,215
Operating Segments | Owned hotels
Segment Reporting Information [Line Items]
Assets:	3,809,233		3,802,896
Capital expenditures:	28,607	54,368
Operating Segments | Franchise and management
Segment Reporting Information [Line Items]
Assets:	13,400		13,319
Corporate and Other
Segment Reporting Information [Line Items]
Assets:	199,003		274,039
Capital expenditures:	1,829	$ 211
Intersegment Eliminations
Segment Reporting Information [Line Items]
Assets:	$ (1,288)		$ (1,105)

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Taxes [Line Items]
Provision (benefit) for income taxes	$ 750	$ 1,110
Effective tax rate, percent	5.70%	12.40%
ESH REIT | Extended Stay America, Inc | Class A common stock
Income Taxes [Line Items]
Dividend subject to corporate income tax, percent	58.00%

INCOME TAXES - Additional Inf_2

INCOME TAXES - Additional Information - REIT (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Taxes [Line Items]
Provision (benefit) for income taxes	$ 750	$ 1,110
Effective tax rate, percent	5.70%	12.40%
ESH Hospitality, Inc.
Income Taxes [Line Items]
Provision (benefit) for income taxes	$ 2	$ 2
State and Local Jurisdiction | ESH Hospitality, Inc.
Income Taxes [Line Items]
Provision (benefit) for income taxes	$ 100	$ 100
Effective tax rate, percent	0.10%	0.10%

RELATED PARTY TRANSACTIONS - Ad

RELATED PARTY TRANSACTIONS - Additional Information - REIT (Detail) shares in Millions	Mar. 31, 2021USD ($)shares	Jul. 31, 2020USD ($)	Mar. 31, 2021USD ($)leaseshares	Mar. 31, 2020USD ($)shares	Dec. 31, 2020USD ($)
Related Party Transaction [Line Items]
Interest income			$ (1,000)	$ (986,000)
Common distributions			$ 91,000	16,177,000
Total Extended Stay America, Inc. Shareholders’ Equity
Related Party Transaction [Line Items]
Dividends, common stock					$ 87,700,000
ESH Hospitality, Inc.
Related Party Transaction [Line Items]
Number of leases | lease			3
Term of lease	5 years		5 years
Lease renewal term	5 years		5 years
Termination period			30 months
Expenses from related party			$ 2,500,000	2,900,000
Interest income			(94,000)	(946,000)
Common distributions			188,618,000	60,291,000
Issuance of Class B common stock related to issuance of Paired Shares			1,034,000	737,000
ESH Hospitality, Inc. | Class A common stock
Related Party Transaction [Line Items]
Common distributions			110,200,000
ESH Hospitality, Inc. | Class B common stock
Related Party Transaction [Line Items]
Issuance of Class B common stock related to issuance of Paired Shares			$ 1,000,000	$ 700,000
Stock issued (shares) | shares			0.2	0.2
Restricted stock, granted (shares) | shares	1.4
Shares issued | shares	1.4		1.4
ESH Hospitality, Inc. | Line of Credit | ESH REIT Intercompany Facility
Related Party Transaction [Line Items]
Stated Interest Rate	5.00%		5.00%
Carrying amount, unsecured intercompany facility	$ 0		$ 0		$ 0
ESH Hospitality, Inc. | Equity Based Awards | Corporation
Related Party Transaction [Line Items]
Total equity-based compensation			200,000	$ 200,000
ESH Hospitality, Inc. | Line of Credit | Unsecured Debt | Corporation Intercompany Facility
Related Party Transaction [Line Items]
Maximum unsecured intercompany credit facility amount		$ 150,000,000
Stated Interest Rate		4.50%
Commitment fee percentage		0.25%
ESH Hospitality, Inc. | Line of Credit | Unsecured Debt | ESH REIT Intercompany Facility
Related Party Transaction [Line Items]
Maximum unsecured intercompany credit facility amount	$ 300,000,000		$ 300,000,000
Stated Interest Rate	5.00%		5.00%
Interest expense, related party			$ 0	$ 0
Line of credit maximum additional principal available	$ 300,000,000		$ 300,000,000
Performance Based Awards | ESH Hospitality, Inc.
Related Party Transaction [Line Items]
Percentage of award vest			100.00%

RELATED PARTY TRANSACTIONS - _3

RELATED PARTY TRANSACTIONS - REIT RELATED PARTY TRANSACTIONS - Schedule of rental revenues - REIT (Details) - ESH Hospitality, Inc. - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Entity Information [Line Items]
Fixed rental revenues	$ 120,392	$ 119,190
Variable rental revenues	$ 0	$ 0

RELATED PARTY TRANSACTIONS - Sc

RELATED PARTY TRANSACTIONS - Schedule of Future Fixed Rental Payments -REIT (Details) - ESH Hospitality, Inc. $ in Thousands	Mar. 31, 2021USD ($)
Related Party Transaction [Line Items]
2021	$ 362,564
2022	496,448
2023	424,031
Total	$ 1,283,043

RELATED PARTY TRANSACTIONS - _4

RELATED PARTY TRANSACTIONS - Schedule of Related Party Transaction Balances - REIT (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Working capital and other:
Distribution payable	$ (107)		$ (238)
ESH Hospitality, Inc.
Working capital and other:
Distribution payable	(725)		$ (387)
ESH Hospitality, Inc. | Corporation
Leases:
Rents receivable	11,108	$ 3,941
Deferred rents receivable	38,536	39,135
Unearned rental revenues	(23,743)	0
Working capital and other:
Ordinary working capital	(5,640)	(5,806)
Equity awards (payable) receivable	235	688
Distribution payable	0	(87,673)
Total working capital and other, net	$ (5,405)	$ (92,791)

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)letterOfCreditleaselawsuit
Commitment And Contingencies [Line Items]
Number of properties subject to ground leases	5
Number of outstanding letters of credit | letterOfCredit	1
Letters of credit outstanding | $	$ 0.2
Number of purported class action lawsuits | lawsuit	6
Minimum
Commitment And Contingencies [Line Items]
Renewal term (years)	5 years
Maximum
Commitment And Contingencies [Line Items]
Renewal term (years)	10 years
Ground lease
Commitment And Contingencies [Line Items]
Number of ground leases that are operating leases	3
Number of ground leases that are finance leases	2

COMMITMENTS AND CONTINGENCIES_4

COMMITMENTS AND CONTINGENCIES - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Operating lease costs	$ 869	$ 769
Finance lease costs	125	61
Total lease costs	$ 994	$ 830

COMMITMENTS AND CONTINGENCIES_5

COMMITMENTS AND CONTINGENCIES - The Company's right-of-use assets and lease liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Right-of-use assets:
Operating	$ 5,390	$ 2,538
Finance	4,323	4,354
Lease liabilities:
Operating	13,304	10,442
Finance	$ 3,611	$ 3,668

COMMITMENTS AND CONTINGENCIES_6

COMMITMENTS AND CONTINGENCIES - Future Minimum Payments (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Operating Leases
2021	$ 2,358
2022	3,449
2023	552
2024	503
2025	503
2026	503
Thereafter	76,588
Total	84,456
Total discounted lease liability	13,304	$ 10,442
Difference between undiscounted cash flows and discounted cash flows	$ 71,152
Weighted-average remaining lease term	41 years
Weighted-average discount rate	5.30%
Finance Leases
2021	$ 297
2022	853
2023	400
2024	402
2025	429
2026	439
Thereafter	2,232
Total	5,052
Total discounted lease liability	3,611	$ 3,668
Difference between undiscounted cash flows and discounted cash flows	$ 1,441
Weighted-average remaining lease term	10 years
Weighted-average discount rate	6.60%

COMMITMENTS AND CONTINGENCIES_7

COMMITMENTS AND CONTINGENCIES - Additional Information - REIT (Detail)	3 Months Ended
	Mar. 31, 2021lease
Commitment And Contingencies [Line Items]
Number of properties subject to ground leases	5
Minimum
Commitment And Contingencies [Line Items]
Renewal term (years)	5 years
Maximum
Commitment And Contingencies [Line Items]
Renewal term (years)	10 years
ESH Hospitality, Inc.
Commitment And Contingencies [Line Items]
Number of properties subject to ground leases	5
ESH Hospitality, Inc. | Minimum
Commitment And Contingencies [Line Items]
Renewal term (years)	5 years
ESH Hospitality, Inc. | Maximum
Commitment And Contingencies [Line Items]
Renewal term (years)	10 years
Ground lease
Commitment And Contingencies [Line Items]
Number of ground leases that are operating leases	3
Number of ground leases that are finance leases	2
Ground lease | ESH Hospitality, Inc.
Commitment And Contingencies [Line Items]
Number of ground leases that are operating leases	3
Number of ground leases that are finance leases	2

COMMITMENTS AND CONTINGENCIES_8

COMMITMENTS AND CONTINGENCIES - Components of Lease Expense - REIT (Details) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Entity Information [Line Items]
Operating lease costs	$ 869	$ 769
Finance lease costs	125	61
Total lease costs	994	830
ESH Hospitality, Inc.
Entity Information [Line Items]
Operating lease costs	326	326
Finance lease costs	125	61
Total lease costs	$ 451	$ 387

COMMITMENTS AND CONTINGENCIES_9

COMMITMENTS AND CONTINGENCIES - REIT COMMITMENTS AND CONTINGENCIES - The Company's right-of-use assets and lease liabilities -REIT (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Right-of-use assets:
Operating	$ 5,390	$ 2,538
Finance	4,323	4,354
Lease liabilities:
Operating	13,304	10,442
Finance	3,611	3,668
ESH Hospitality, Inc.
Right-of-use assets:
Operating	1,335	1,388
Finance	4,323	4,354
Lease liabilities:
Operating	8,989	9,036
Finance	$ 3,611	$ 3,668

COMMITMENTS AND CONTINGENCIE_10

COMMITMENTS AND CONTINGENCIES - Future Minimum Payments - REIT (Details) (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Operating Leases
2021	$ 2,358
2022	3,449
2023	552
2024	503
2025	503
2026	503
Thereafter	76,588
Total	84,456
Total discounted lease liability	13,304	$ 10,442
Difference between undiscounted cash flows and discounted cash flows	$ 71,152
Weighted-average remaining lease term	41 years
Weighted-average discount rate	5.30%
Finance Leases
2021	$ 297
2022	853
2023	400
2024	402
2025	429
2026	439
Thereafter	2,232
Total	5,052
Total discounted lease liability	3,611	3,668
Difference between undiscounted cash flows and discounted cash flows	$ 1,441
Weighted-average remaining lease term	10 years
Weighted-average discount rate	6.60%
ESH Hospitality, Inc.
Operating Leases
2021	$ 588
2022	806
2023	552
2024	503
2025	503
2026	503
Thereafter	76,588
Total	80,043
Total discounted lease liability	8,989	9,036
Difference between undiscounted cash flows and discounted cash flows	$ 71,054
Weighted-average remaining lease term	60 years
Weighted-average discount rate	6.60%
Finance Leases
2021	$ 297
2022	853
2023	400
2024	402
2025	429
2026	439
Thereafter	2,232
Total	5,052
Total discounted lease liability	3,611	$ 3,668
Difference between undiscounted cash flows and discounted cash flows	$ 1,441
Weighted-average remaining lease term	10 years
Weighted-average discount rate	6.60%

EQUITY-BASED COMPENSATION - Add

EQUITY-BASED COMPENSATION - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of Paired Shares (shares)	8
Granted incentive stock options (no more than) (shares)	4
Shares available for future issuance (shares)	4.4
General and Administrative Expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total equity-based compensation	$ 2.3	$ 1.1

EQUITY-BASED COMPENSATION - Sch

EQUITY-BASED COMPENSATION - Schedule of Unrecognized Compensation Cost (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Expense Related to Outstanding Awards (in thousands)	$ 14,848
RSUs with service vesting conditions
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Expense Related to Outstanding Awards (in thousands)	$ 9,579
Remaining Weighted-Average Amortization Period (in years)	2 years
RSUs with market vesting conditions
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Expense Related to Outstanding Awards (in thousands)	$ 5,269
Remaining Weighted-Average Amortization Period (in years)	2 years 3 months 18 days

EQUITY-BASED COMPENSATION - Sum

EQUITY-BASED COMPENSATION - Summary of Restricted Stock Award and Restricted Stock Unit Activity (Detail) shares in Thousands	3 Months Ended
	Mar. 31, 2021$ / sharesshares
Service-Based Awards
Number of RSUs (in thousands)
Outstanding Beginning Balance (shares) | shares	986
Granted (shares) | shares	183
Settled (shares) | shares	(217)
Forfeited (shares) | shares	(31)
Outstanding Ending Balance (shares) | shares	921
Vested (shares) | shares	117
Nonvested (shares) | shares	804
Weighted- Average Grant- Date Fair Value
Outstanding Beginning Balance (dollars per share) | $ / shares	$ 14.26
Granted (dollars per share) | $ / shares	15.12
Settled (dollars per share) | $ / shares	15.43
Forfeited (dollars per share) | $ / shares	15.23
Outstanding Ending Balance (dollars per share) | $ / shares	14.63
Vested (dollars per share) | $ / shares	14.46
Nonvested (dollars per share) | $ / shares	$ 14.65
Performance-Based Awards - Market Vesting
Number of RSUs (in thousands)
Outstanding Beginning Balance (shares) | shares	376
Granted (shares) | shares	211
Settled (shares) | shares	(39)
Forfeited (shares) | shares	(35)
Outstanding Ending Balance (shares) | shares	513
Vested (shares) | shares	0
Nonvested (shares) | shares	513
Weighted- Average Grant- Date Fair Value
Outstanding Beginning Balance (dollars per share) | $ / shares	$ 12.96
Granted (dollars per share) | $ / shares	17.26
Settled (dollars per share) | $ / shares	17.41
Forfeited (dollars per share) | $ / shares	13.34
Outstanding Ending Balance (dollars per share) | $ / shares	14.37
Vested (dollars per share) | $ / shares	0
Nonvested (dollars per share) | $ / shares	$ 14.37

EQUITY-BASED COMPENSATION - Per

EQUITY-BASED COMPENSATION - Performance-Based Awards - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2021
Market Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards vesting period (years)	3 years
Market Based Awards | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of award vest	0.00%
Market Based Awards | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of award vest	200.00%
ESH REIT | Service Based Awards | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards vesting period (years)	1 year
ESH REIT | Service Based Awards | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards vesting period (years)	3 years

EQUITY-BASED COMPENSATION - S_2

EQUITY-BASED COMPENSATION - Summary of Key Assumptions Used for Fair Value (Details) - Market Based Awards	3 Months Ended
	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected holding period	3 years
Risk–free rate of return	0.17%
Expected dividend yield	3.17%