AHTAshford Hospitality Trust, Inc.

$21M

Q1 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$304M-7.6% YoY

Gross Profit

$60M19.9% margin

Operating Income

$152M50.2% margin

Net Income

$72M23.5% margin

EPS (Diluted)

$5.80

QoQ Revenue Growth

-5.0%

Cash Flow

Operating Cash Flow

-$46M

Free Cash Flow

-$80M

Stock-Based Comp.

$564,000

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$3.7B

Stockholders' Equity

-$170M

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$304M	$329M	-7.6%
Gross Profit	$60M	$74M	-18.6%
Operating Income	$152M	$24M	+542.0%
Net Income	$72M	-$61M	+217.5%

Revenue Segments

Hotel

$303M50%

Occupancy

$229M38%

Food and Beverage

$57M9%

Hotel, Other

$17M3%

Product and Service, Other

$639,0000%

Geographic Segments

Other Areas

$73M25%

Washington DC - MD - VA Area

$38M13%

Los Angeles, CA Metro Area

$25M9%

Nashville, TN Area

$23M8%

Atlanta, GA Area

$20M7%

Dallas / Ft. Worth Area

$19M7%

Miami, FL Metro Area

$13M4%

Tampa, FL Area

$12M4%

New York / New Jersey Metro Area

$12M4%

Boston, MA Area

$12M4%

San Francisco - Oakland, CA Metro Area

$11M4%

Houston, TX Area

$9M3%

Orlando, FL Area

$8M3%

San Diego, CA Area

$6M2%

Minneapolis - St. Paul, MN-WI Area

$3M1%

Philadelphia, PA Area

$3M1%

Corporate Area

$639,0000%