Q4 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$633M+11.3% YoY

Gross Profit

$137M21.6% margin

Operating Income

$124M19.6% margin

Net Income

$142M22.5% margin

EPS (Diluted)

$2.37

QoQ Revenue Growth

+19.8%

Cash Flow

Operating Cash Flow

$187M

Free Cash Flow

$103M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$4.3B

Stockholders' Equity

$569M

Cash & Equivalents

$700M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$633M	$569M	+11.3%
Gross Profit	$137M	$176M	-22.1%
Operating Income	$124M	$116M	+6.5%
Net Income	$142M	$58M	+144.7%

Revenue Segments

Hotel, Other

$139M22%

Hotel Food And Beverage Banquets

$136M22%

Hotel Group Rooms

$106M17%

Hotel Transient Rooms

$85M13%

Hotel Food And Beverage Outlets

$79M13%

Entertainment Admissions And Ticketing

$37M6%

Entertainment Food And Beverage

$27M4%

Entertainment Retail And Other

$23M4%