On May 25, 2021, Tarsadia Capital, LLC announced that its 3 independent candidates nominated for election to the Board of Directors of Extended Stay America, Inc. issued a letter to the Company's shareholders outlining their views on the significant value creation opportunities available to the Company. In the letter, the director nominees of Tarsadia Capital, highlighted their commitment to helping the Company deliver greater long-term value for shareholders than proposed sale to Blackstone and Starwood. In addition, the directors stated that they would focus on the Company achieving greater value as standalone entity or via exploration of all strategic alternatives.