Q1 2019 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$371M+28.6% YoY

Gross Profit

$118M31.9% margin

Operating Income

$54M14.6% margin

Net Income

$23M6.1% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$55M

Free Cash Flow

$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$3.2B

Stockholders' Equity

$440M

Cash & Equivalents

$95M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$371M	$288M	+28.6%
Gross Profit	$118M	$85M	+38.8%
Operating Income	$54M	$46M	+17.5%
Net Income	$23M	$27M	-17.1%

Revenue Segments

Hotel Food And Beverage Banquets

$126M34%

Hotel Group Rooms

$103M28%

Hotel Food And Beverage Outlets

$45M12%

Hotel Other

$34M9%

Hotel Transient Rooms

$30M8%

Entertainment Admissions And Ticketing

$14M4%

Entertainment Food And Beverage

$12M3%

Entertainment Retail And Other

$8M2%