| 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 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Room | | | | | | | | 258.1 |
| Food and beverage | | | | | | | | 5.5 |
| Other | | | | | | | | 9.5 |
| Other | | | | | | | | 3.7 |
| Total revenues [+] | 294.9 | 204.0 | 144.9 | 328.3 | 324.2 | 301.8 | 295.9 | 277.0 |
| Food & beverage | | | | | | | | 5.5 |
| Room / occupancy | | | | | | | | 258.1 |
| Other hotel | | | | | | | | 9.5 |
| Revenue growth [+] | 44.6% | 40.8% | -55.9% | 1.3% | 7.4% | 2.0% | 6.8% | 40.4% |
| Room | | | | | | | | 39.6% |
| Food and beverage | | | | | | | | 100.3% |
| Other | | | | | | | | 26.5% |
| Initial Franchise Fees | | | | | | | 5.7% | 40.4% |
| Cost of goods sold [+] | 160.8 | 119.3 | 95.5 | 199.0 | 194.2 | 155.7 | 148.8 | 75.3 |
| Food and beverage costs | | | | | | | | 4.1 |
| Direct hotel costs | | | | | | | | 137.0 |
| Occupancy costs | | | | | | | | 50.2 |
| Maintenance and operations costs | | | | 174.3 | 170.6 | | | |
| Other direct hotel costs | | | | | | | | 2.5 |
| Real estate taxes and insurance | 21.2 | 23.8 | 23.0 | 24.7 | 23.7 | 20.9 | 21.6 | 18.6 |
| Gross profit | 134.1 | 84.7 | 49.4 | 129.4 | 130.0 | 146.2 | 147.1 | 201.6 |
| Gross margin | 45.5% | 41.5% | 34.1% | 39.4% | 40.1% | 48.4% | 49.7% | 72.8% |
| Selling, general and administrative [+] | 17.3 | 15.8 | 11.6 | 14.1 | 14.1 | 12.8 | 11.1 | 37.8 |
| Sales and marketing | | | | | | | | 5.0 |
| General and administrative | 17.3 | 15.8 | 11.6 | 14.1 | 14.1 | 12.8 | 11.1 | 32.8 |
| Equity in earnings | | | | | | | 0.0 | 3.6 |
| Other operating expenses | 18.7 | 32.0 | 4.5 | 13.7 | 9.6 | 20.7 | 28.3 | 59.3 |
| EBITDA [+] | 97.8 | 36.7 | 33.1 | 101.4 | 106.0 | 112.4 | 107.5 | 107.9 |
| EBITDA growth | 166.4% | 11.0% | -67.4% | -4.4% | -5.7% | 4.6% | -0.4% | -15.1% |
| EBITDA margin | 33.2% | 18.0% | 22.8% | 30.9% | 32.7% | 37.2% | 36.3% | 39.0% |
| Depreciation and amortization | 59.1 | 54.0 | 53.6 | 51.3 | 47.9 | 46.1 | 48.6 | 48.8 |
| EBIT [+] | 38.7 | -17.2 | -20.5 | 50.1 | 58.1 | 66.4 | 58.9 | 59.1 |
| EBIT growth | -324.7% | -16.1% | -141.0% | -13.8% | -12.4% | 12.6% | -0.3% | -36.1% |
| EBIT margin | 13.1% | -8.4% | -14.2% | 15.3% | 17.9% | 22.0% | 19.9% | 21.3% |
| Non-recurring items [+] | 2.3 | 0.0 | 21.1 | -3.3 | 0.0 | 10.0 | | |
| Asset impairment | | | | | | 6.7 | | |
| Loss (gain) on sale of assets | 2.3 | 0.0 | 21.1 | -3.3 | 0.0 | 3.3 | | |
| Interest expense, net [+] | 26.5 | 24.5 | 28.1 | 28.2 | 26.9 | 27.9 | 28.3 | 27.7 |
| Interest expense | 26.5 | 24.5 | 28.1 | 28.2 | 26.9 | 27.9 | 28.3 | 27.9 |
| Interest income | | | | | | | | 0.3 |
| Other income (expense), net [+] | -0.1 | 22.8 | -7.2 | -6.3 | -0.4 | 1.6 | 0.8 | 2.0 |
| Asset impairment charges | | 5.6 | | | | | | |
| Gain (loss) on debt retirement | -0.1 | | | | | | 0.0 | -0.4 |
| Pre-tax income | 9.9 | -18.8 | -77.0 | 18.9 | 30.8 | 30.1 | 31.4 | 33.4 |
| Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.3 | -0.3 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | | 1.3% | 1.0% | |
| Minority interest | 0.1 | -0.4 | -1.0 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Net income | 1.9 | -22.4 | -76.0 | 18.7 | 0.0 | 0.0 | 0.0 | 33.0 |
| Net margin | 0.6% | -11.0% | -52.5% | 5.7% | 0.0% | 0.0% | 0.0% | 11.9% |
| |
| Basic EPS [+] | $0.04 | ($0.46) | ($1.62) | $0.40 | $0.00 | $0.00 | $0.00 | $0.87 |
| Growth | -108.2% | -71.4% | -505.0% | 2790467126.9% | -21.8% | -14.5% | -100.0% | -62.9% |
| Diluted EPS [+] | $0.04 | ($0.46) | ($1.62) | $0.40 | $0.00 | $0.00 | $0.00 | $0.86 |
| Growth | -108.2% | -71.4% | -507.0% | 2786805141.5% | -21.6% | -14.6% | -100.0% | -62.9% |
| |
| Dividends per share [+] | $0.07 | $0.01 | $0.22 | $1.32 | $1.32 | $1.32 | $1.38 | $1.28 |
| Growth | 1100.2% | -97.3% | -83.3% | 0.0% | 0.0% | -4.3% | 7.8% | 37.8% |
| |
| Shares outstanding (basic) [+] | 48.8 | 48.3 | 47.0 | 46.8 | 46.1 | 39.9 | 38.3 | 37.9 |
| Growth | 0.9% | 3.0% | 0.4% | 1.6% | 15.6% | 4.1% | 1.0% | 32.9% |
| Shares outstanding (diluted) [+] | 49.1 | 48.3 | 47.0 | 47.0 | 46.2 | 40.1 | 38.5 | 38.3 |
| Growth | 1.5% | 3.0% | -0.1% | 1.7% | 15.3% | 4.2% | 0.4% | 32.8% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |