Extended Stay America has reported a 35.52% jump in profit for the quarter ended March 31, 2017.

Revenue during the quarter went up marginally to $290.99m from $287.56m over the same period in 2016. Operating income for the quarter was $52.93m , compared with $63.76m last year.

For the fiscal year 2017, Extended Stay America projects its revenue to be in the range of $1,285m-$1,310m and net income $174.65m- $188.49m.

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