Extended Stay America Prices 15M Paired Share Secondary Offering @$17.25/Share

Extended Stay America, Inc. and ESH Hospitality, Inc.

(together, the "Company") today announced the pricing of a secondary offering of 15,000,000 Paired Shares, each Paired Share consisting of a share of common stock of Extended Stay America, Inc. and a share of Class B common stock of ESH Hospitality, Inc., which are attached and trade together as Paired Shares. The Paired Shares were offered by certain selling stockholders (the "Selling Stockholders") and were sold at a price of $17.25 per share. The underwriters will have a 30-day option to purchase up to an additional 2,250,000 Paired Shares from the Selling Stockholders. The Company will not sell any Paired Shares in the offering and will not