AHTAshford Hospitality Trust, Inc.

$21M

Q1 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$329M+33.1% YoY

Gross Profit

$74M22.6% margin

Operating Income

$24M7.2% margin

Net Income

-$61M-18.5% margin

EPS (Diluted)

$-17.89

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$4M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$4.0B

Stockholders' Equity

-$202M

Cash & Equivalents

$489M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$329M	$247M	+33.1%
Gross Profit	$74M	$41M	+83.3%
Operating Income	$24M	-$15M	+262.6%
Net Income	-$61M	-$55M	-9.9%

Revenue Segments

Hotel

$328M100%

Geographic Segments

Other Areas

$72M29%

Washington DC - MD - VA Area

$28M11%

Los Angeles, CA Metro Area

$22M9%

Atlanta, GA Area

$20M8%

Dallas / Ft. Worth Area

$16M6%

San Francisco - Oakland, CA Metro Area

$16M6%

Nashville, TN Area

$13M5%

New York / New Jersey Metro Area

$12M5%

Tampa, FL Area

$10M4%

Miami, FL Metro Area

$9M3%

Boston, MA Area

$9M3%

Orlando, FL Area

$7M3%

Houston, TX Area

$7M3%

San Diego, CA Area

$5M2%

Philadelphia, PA Area

$5M2%

Minneapolis - St. Paul, MN-WI Area

$2M1%

Orlando WorldQuest

$1M0%