FelCor Reports Second Quarter 2017 Earnings

Quarter Highlights

  • Same-store RevPAR was $161.98 compared to $163.62 for the same period in 2016.
  • Net loss attributable to FelCor common stockholders was $8.0 million, or $0.06 per share, versus net income of $7.1 million, or $0.05 per share, for the same period in 2016.
  • Adjusted FFO per share was $0.26 versus $0.32 for the same period in 2016.
  • Same-store Adjusted EBITDA was $65.0 million versus $67.9 million for the same period in 2016.

To view full quarterly results please visit: http://ir.felcor.com/phoenix.zhtml?c=118512&p=irol-newsArticle&ID=2292965

Hospitality Properties Trust Announces Second Quarter 2017 Results

Second Quarter Net Income Available for Common Shareholders of $0.37 Per Share

Second Quarter Normalized FFO Available for Common Shareholders of $1.06 Per Share

HPT’s second quarter 2017 comparable hotel RevPAR declined by 0.3% compared to the same period last year due to various factors including a continued sluggish economy and room supply growth. Nonetheless, HPT had continued high occupancy, increases in average daily rate and solid coverage of our minimum returns. Also, HPT's TA properties generated solid performance this quarter with both fuel and non-fuel margins increasing versus the same period last year and steady rent coverage despite rent increases of over 5%.

To view full quarterly results please visit: http://www.hptreit.com/news/press-release-details/2017/Hospitality-Properties-Trust-Announces-Second-Quarter-2017-Results/default.aspx