Overview Financials News + Filings Key Docs Charts Transactions Holdings Ownership Insiders
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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: | | | | | | | | |
Hotel operating revenues | 1,863.0 | 1,495.6 | 1,265.3 | 2,316.1 | 2,294.5 | 2,171.9 | 2,047.2 | 1,921.9 |
Hotel operating revenues growth | 24.6% | 18.2% | -45.4% | 0.9% | 5.6% | 6.1% | 6.5% | 10.7% |
Rental income | 395.7 | 390.9 | 390.2 | 327.0 | 330.8 | | | |
Total revenues | 1,863.0 | 1,495.6 | 1,265.3 | 2,316.1 | 2,294.5 | 2,171.9 | 2,047.2 | 1,921.9 |
Total revenues growth | 24.6% | 18.2% | -45.4% | 0.9% | 5.6% | 6.1% | 6.5% | 10.7% |
Expenses: | | | | | | | | |
Hotel operating expenses | 1,227.4 | 1,010.7 | 682.8 | 1,410.9 | 1,387.1 | | | |
Depreciation and amortization | | 486.0 | 498.9 | 428.4 | 403.1 | 386.7 | 357.3 | 329.8 |
General and administrative | 44.4 | 53.4 | 50.7 | 54.6 | 104.9 | 125.4 | 99.1 | 109.8 |
Transaction related costs | 1.9 | 64.8 | 15.1 | 1.8 | | | 1.4 | 2.4 |
Loss on asset impairment, net | | 78.6 | 55.8 | 39.3 | | | | |
Total expenses | 1,699.0 | 1,709.2 | 1,318.4 | 1,943.5 | 1,900.3 | 1,791.6 | 1,660.4 | 1,586.0 |
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Other operating income: | | | | | | | | |
(Loss) gain on sale of real estate, net | | 11.5 | 2.3 | 159.5 | | 9.3 | | 11.0 |
Interest income | | 0.7 | 0.3 | 2.2 | 4.3 | 3.3 | 2.3 | 2.7 |
Interest expense | -341.8 | -365.7 | -306.5 | -225.1 | -195.2 | -181.6 | -161.9 | -144.9 |
Loss on early extinguishment of debt | -0.8 | | -9.4 | -8.5 | -0.2 | -0.1 | -0.2 | |
(Loss) income before income taxes and equity in earnings of an investee | -135.4 | -544.6 | -284.3 | 262.2 | 186.4 | 211.3 | 227.0 | 156.9 |
Income tax expense | | 0.9 | -17.2 | -2.8 | -1.2 | 3.3 | -4.0 | 1.6 |
Tax rate | 0.0% | 0.2% | | 1.1% | 0.6% | | 1.8% | |
Equity in earnings (losses) of an investee | | -0.9 | -9.9 | 0.4 | 0.5 | 0.6 | 0.1 | 0.0 |
Net (loss) income | | -544.6 | -311.4 | 259.8 | 185.7 | 215.1 | 223.1 | 166.4 |
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Other comprehensive income: | | | | | | | | |
Other comprehensive income | | 1.5 | -0.8 | 0.1 | -0.1 | 39.8 | 55.1 | -41.3 |
Comprehensive (loss) income | | -543.1 | -312.1 | 259.8 | 185.7 | 254.9 | 278.2 | 125.1 |
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Weighted average common shares outstanding (basic) (in shares) | 164.7 | 164.6 | 164.4 | 164.3 | 164.2 | 164.1 | 156.1 | 150.7 |
Weighted average common shares outstanding (diluted) (in shares) | 164.7 | 164.6 | 164.4 | 164.3 | 164.3 | 164.2 | 156.1 | 151.0 |
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Net (loss) income per common share (basic) (in dollars per share) | ($0.80) | ($3.31) | ($1.89) | $1.58 | $1.13 | $1.24 | $1.30 | $0.97 |
Net (loss) income per common share (diluted) (in dollars per share) | ($0.80) | ($3.31) | ($1.89) | $1.58 | $1.13 | $1.24 | $1.30 | $0.97 |
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Revenue from contract with customer, product and service, extensible enumeration | | | | | | | | |
Cost, product and service, extensible enumeration | | | | | | | | |
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