AHTAshford Hospitality Trust, Inc.

$21M

Q2 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$376M+7.9% YoY

Gross Profit

$104M27.6% margin

Operating Income

$53M14.1% margin

Net Income

-$25M-6.5% margin

EPS (Diluted)

$-7.46

QoQ Revenue Growth

+14.2%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

-$8M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$4.0B

Stockholders' Equity

-$205M

Cash & Equivalents

$419M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$376M	$348M	+7.9%
Gross Profit	$104M	$97M	+6.6%
Operating Income	$53M	$42M	+25.3%
Net Income	-$25M	-$6M	-298.8%

Revenue Segments

Hotel

$375M100%

Geographic Segments

Other Areas

$82M28%

Washington DC - MD - VA Area

$39M13%

Los Angeles, CA Metro Area

$22M7%

Atlanta, GA Area

$21M7%

Boston, MA Area

$19M7%

San Francisco - Oakland, CA Metro Area

$18M6%

New York / New Jersey Metro Area

$17M6%

Dallas / Ft. Worth Area

$16M5%

Nashville, TN Area

$15M5%

Tampa, FL Area

$7M3%

Houston, TX Area

$7M2%

Philadelphia, PA Area

$6M2%

Orlando, FL Area

$6M2%

Miami, FL Metro Area

$6M2%

San Diego, CA Area

$6M2%

Minneapolis - St. Paul, MN-WI Area

$4M1%

Orlando WorldQuest

$958,0000%