AHTAshford Hospitality Trust, Inc.

$21M

Q3 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$277M-19.4% YoY

Gross Profit

$52M18.7% margin

Operating Income

$20M7.3% margin

Net Income

-$58M-20.9% margin

EPS (Diluted)

$-12.39

QoQ Revenue Growth

-12.6%

Cash Flow

Operating Cash Flow

$795,000

Free Cash Flow

$35M

Stock-Based Comp.

$244,000

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$3.4B

Stockholders' Equity

-$134M

Cash & Equivalents

$120M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$277M	$343M	-19.4%
Gross Profit	$52M	$81M	-35.7%
Operating Income	$20M	$37M	-45.8%
Net Income	-$58M	-$64M	+8.9%

Revenue Segments

Hotel

$276M50%

Occupancy

$213M39%

Food and Beverage

$46M8%

Hotel, Other

$17M3%

Product and Service, Other

$582,0000%

Geographic Segments

Other Areas

$77M28%

Washington DC - MD - VA Area

$41M15%

Los Angeles, CA Metro Area

$22M8%

Nashville, TN Area

$21M7%

Atlanta, GA Area

$18M7%

Dallas / Ft. Worth Area

$16M6%

New York / New Jersey Metro Area

$15M6%

San Francisco - Oakland, CA Metro Area

$12M4%

Houston, TX Area

$9M3%

Boston, MA Area

$9M3%

San Diego, CA Area

$8M3%

Tampa, FL Area

$7M3%

Miami, FL Metro Area

$6M2%

Minneapolis - St. Paul, MN-WI Area

$6M2%

Orlando, FL Area

$6M2%

Philadelphia, PA Area

$3M1%

Corporate Area

$582,0000%