Q3 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$550M+4.1% YoY

Gross Profit

$176M31.9% margin

Operating Income

$106M19.3% margin

Net Income

$59M10.7% margin

EPS (Diluted)

$0.94

QoQ Revenue Growth

-10.3%

Cash Flow

Operating Cash Flow

$218M

Free Cash Flow

$86M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$4.3B

Stockholders' Equity

$552M

Cash & Equivalents

$535M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$550M	$529M	+4.1%
Gross Profit	$176M	$170M	+3.1%
Operating Income	$106M	$102M	+3.9%
Net Income	$59M	$41M	+43.1%

Revenue Segments

Hotel Food And Beverage Banquets

$158M29%

Hotel Group Rooms

$124M23%

Hotel Food And Beverage Outlets

$67M12%

Hotel Transient Rooms

$60M11%

Hotel, Other

$58M11%

Entertainment Food And Beverage

$31M6%

Entertainment Admissions And Ticketing

$31M6%

Entertainment Retail And Other

$22M4%