Overview Financials News + Filings Key Docs Charts Holdings Ownership Insiders
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| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-Q | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| ASSETS | | | | | | | | |
| Investment in hotel properties, net | 6,079.3 | 5,882.0 | 6,332.6 | 6,534.2 | 2,456.5 | 2,672.7 | 2,673.6 | 2,343.7 |
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| Hotels held for sale | | | | | | | | |
| Cash and cash equivalents | 58.5 | 124.3 | 30.1 | 83.4 | 25.4 | 33.4 | 26.3 | 52.9 |
| Restricted cash | 33.7 | 12.0 | 26.8 | 24.4 | 7.1 | 7.4 | 9.5 | 16.4 |
| Hotel receivables (net of allowance for doubtful accounts of $372 and $431, respectively) | 37.0 | 10.2 | 49.6 | 59.9 | 29.2 | 27.7 | 25.1 | 21.3 |
| Prepaid expenses and other assets | 52.6 | 47.8 | 59.5 | 76.7 | 43.6 | 38.5 | 45.0 | 40.2 |
| Total assets | 6,261.2 | 6,076.4 | 6,498.6 | 6,978.3 | 2,590.9 | 2,809.3 | 3,058.5 | 2,770.5 |
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| LIABILITIES AND EQUITY | | | | | | | | |
| Debt | 2,441.9 | 2,280.5 | 2,229.2 | 2,746.9 | 885.2 | | | |
| Accounts payable, accrued expenses and other liabilities | 250.6 | 226.4 | 260.2 | 360.3 | 141.3 | 149.3 | 141.9 | 106.8 |
| Lease liabilities - operating leases | 319.4 | 255.1 | 256.3 | | | | | |
| Deferred revenues | 69.1 | 36.1 | 57.7 | 54.7 | 26.9 | | | |
| Accrued interest | 4.6 | 4.7 | 4.7 | 2.7 | 2.1 | 2.3 | 2.6 | 2.4 |
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| Liabilities related to hotels held for sale | | | | | | | | |
| Distribution payable | 11.8 | 9.3 | 58.6 | 43.8 | 31.8 | 33.2 | 29.9 | 23.3 |
| Total liabilities | 3,097.3 | 2,812.0 | 2,866.6 | 3,208.4 | 1,087.3 | 1,200.1 | 1,297.6 | 988.1 |
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| Commitments and contingencies (Note 11) | | | | | | | | |
| Shareholders’ equity: | | | | | | | | |
| Preferred shares of beneficial interest, $.01 par value (liquidation preference $715,000 at June 30, 2023 and December 31, 2022), 100,000,000 shares authorized; 28,600,000 shares issued and outstanding at June 30, 2023 and December 31, 2022 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
| Common shares of beneficial interest | 1.3 | 1.3 | 1.3 | 1.3 | 0.7 | 0.7 | 0.7 | 0.7 |
| Additional paid-in capital | 4,268.0 | 4,169.9 | 4,069.4 | 4,065.8 | 1,685.4 | 1,776.4 | 1,868.0 | 1,864.7 |
| Accumulated other comprehensive income (loss) | -19.4 | -60.1 | -24.7 | 1.3 | 3.7 | -2.3 | -4.8 | -0.3 |
| Distributions in excess of retained earnings | -1,094.0 | -854.0 | -425.0 | -308.8 | | | | |
| Total shareholders’ equity | 3,156.2 | 3,257.3 | 3,621.2 | 3,759.8 | 1,498.9 | 1,605.7 | 1,758.4 | 1,781.1 |
| Non-controlling interests | 7.7 | 7.0 | 10.7 | 10.1 | 4.6 | 3.4 | 2.4 | 1.3 |
| Total equity | 3,163.9 | 3,264.3 | 3,631.9 | 3,769.9 | 1,503.5 | 1,609.1 | 1,760.8 | 1,782.4 |
| Total liabilities and equity | 6,261.2 | 6,076.4 | 6,498.6 | 6,978.3 | 2,590.9 | 2,809.3 | 3,058.5 | 2,770.5 |
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