AHTAshford Hospitality Trust, Inc.

$21M

Q2 2018 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$389M-0.4% YoY

Gross Profit

$120M30.8% margin

Operating Income

$43M11.1% margin

Net Income

-$18M-4.7% margin

EPS (Diluted)

$-188.94

QoQ Revenue Growth

+13.7%

Cash Flow

Operating Cash Flow

$82M

Free Cash Flow

$82M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$4.8B

Total Liabilities

$4.2B

Stockholders' Equity

$512M

Cash & Equivalents

$417M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$389M	$391M	-0.4%
Gross Profit	$120M	$125M	-4.3%
Operating Income	$43M	$58M	-26.4%
Net Income	-$18M	$10M	-279.8%

Geographic Segments

Other Areas

$97M31%

Washington DC - MD - VA Area

$35M11%

San Francisco - Oakland, CA Metro Area

$21M7%

New York / New Jersey Metro Area

$21M7%

Los Angeles, CA Metro Area

$20M6%

Boston, MA Area

$18M6%

Atlanta, GA Area

$17M6%

Dallas / Ft. Worth Area

$17M5%

Nashville, TN Area

$14M5%

Minneapolis - St. Paul, MN-WI Area

$9M3%

Houston, TX Area

$7M2%

Orlando, FL Area

$7M2%

Miami, FL Metro Area

$7M2%

Philadelphia, PA Area

$7M2%

Tampa, FL Area

$5M2%

San Diego, CA Area

$5M2%

Orlando WorldQuest

$1M0%