Q3 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$529M+13.0% YoY

Gross Profit

$170M32.2% margin

Operating Income

$102M19.3% margin

Net Income

$41M7.8% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$154M

Free Cash Flow

$197M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$4.3B

Stockholders' Equity

$471M

Cash & Equivalents

$543M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$529M	$468M	+13.0%
Gross Profit	$170M	$154M	+10.3%
Operating Income	$102M	$97M	+5.1%
Net Income	$41M	$45M	-8.9%

Revenue Segments

Hotel Food And Beverage Banquets

$135M26%

Hotel Group Rooms

$116M22%

Hotel Food And Beverage Outlets

$68M13%

Hotel Transient Rooms

$65M12%

Hotel, Other

$63M12%

Entertainment Admissions And Ticketing

$31M6%

Entertainment Food And Beverage

$28M5%

Entertainment Retail And Other

$21M4%