earnings
confidence high
sentiment positive
materiality 0.70
Ashford Trust Q4 2022 preliminary RevPAR $118, up 25% YoY, down 1% vs 2019
ASHFORD HOSPITALITY TRUST INC
2022-FY EPS reported
-$4.46
revenue$1,240,859,000
- Q4 2022 occupancy ~68%, ADR ~$175, RevPAR ~$118.
- RevPAR increased ~25% vs Q4 2021 and decreased ~1% vs Q4 2019.
- December 2022 RevPAR essentially unchanged vs December 2019.
- November RevPAR down ~2% vs Nov 2019; October down ~1% vs Oct 2019.
- CEO Rob Hays cited strong demand and rate increases; portfolio well-positioned for 2023.