Q2 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$613M+21.5% YoY

Gross Profit

$237M38.7% margin

Operating Income

$168M27.4% margin

Net Income

$101M16.4% margin

EPS (Diluted)

$1.65

QoQ Revenue Growth

+16.1%

Cash Flow

Operating Cash Flow

$184M

Free Cash Flow

$79M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$4.2B

Stockholders' Equity

$563M

Cash & Equivalents

$498M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$613M	$505M	+21.5%
Gross Profit	$237M	$180M	+31.4%
Operating Income	$168M	$122M	+37.5%
Net Income	$101M	$67M	+51.5%

Revenue Segments

Hotel Food And Beverage Banquets

$190M31%

Hotel Group Rooms

$146M24%

Hotel Food And Beverage Outlets

$69M11%

Hotel, Other

$60M10%

Hotel Transient Rooms

$54M9%

Entertainment Food And Beverage

$35M6%

Entertainment Admissions And Ticketing

$34M6%

Entertainment Retail And Other

$25M4%