Fourth Quarter 2014 Financial Reports Summary: Felcor, Ryman, RLJ Lodging & Extended Stay

FelCor Lodging Trust reports fourth quarter and full year earnings. 

Fourth Quarter Highlights 

• Same-store RevPAR increased 11.2%; comparable core RevPAR increased 9.3%. 

• Adjusted FFO per share improved to $0.15, a 200% increase from the same quarter in 2013. 

• Adjusted EBITDA increased $6.2 million to $49.4 million; same-store Adjusted EBITDA increased $9.3 million, or 23.8%, to $48.4 million. 

• Net income per share increased $0.24 from the same quarter in 2013. 

• Quarterly common dividend was doubled to $0.04 per share. 

• Two non-strategic hotels were sold for gross proceeds of $46.4 million in the quarter and two additional non-strategic hotels were sold in February for total gross proceeds of $63.6 million; four other non-strategic hotels are currently under contract or in negotiations to be sold (one with a non-refundable deposit).

To view full quarterly and 2014 financial results please visit:

http://phx.corporate-ir.net/phoenix.zhtml?c=118512&p=irol-newsArticle&ID=2020573

Ryman Hospitality Properties, Inc. Reports Fourth Quarter and Full Year 2014 Results

– Gross Advanced Group Bookings for All Future Periods Increased 12.7 Percent Over Fourth Quarter 2013 – 

– Reports Highest Gross Advanced Group Bookings Quarter Since 2005 – 

– Reports Full Year 2014 Net Income of $126.5 Million – 

– Reports Record Full Year Consolidated Adjusted EBITDA Increase of 17.2 Percent to $291.1 Million – 

– Declares First Quarter 2015 Dividend of $0.65 Per Share, an Increase of 18.2 Percent Over Prior-Quarter Dividend – 

– Issues 2015 Guidance – 

To view full quarterly and 2014 financial results please visit:

http://ir.rymanhp.com/phoenix.zhtml?c=72635&p=irol-newsArticle&ID=2020558

RLJ Lodging Trust Reports Fourth Quarter and Full Year 2014 Results

Full Year Highlights

• Pro forma RevPAR increased 7.2%, Pro forma ADR increased 3.9% and Pro forma Occupancy increased 3.1%
• Pro forma Hotel EBITDA Margin increased 114 basis points to 35.6%
• Pro forma Consolidated Hotel EBITDA increased 10.8% to $405.0 million
• Adjusted FFO increased 26.0% to $310.7 million
• Acquired 15 properties in high-growth markets for over $630.0 million
• Sold 18 non-strategic properties for more than $135.0 million
• Completed a follow-on equity offering with net proceeds of $232.7 million
• Upsized term loans by $175.0 million and staggered debt maturities with two key refinancing transactions totaling $293.0 million
• Declared an aggregate cash dividend of $1.04 per share, representing an increase of approximately 21.6% over the prior year 

Fourth Quarter Highlights

• Pro forma RevPAR increased 6.0%, Pro forma ADR increased 4.6% and Pro forma Occupancy increased 1.3%
• Pro forma Hotel EBITDA Margin increased 152 basis points to 34.9%
• Pro forma Consolidated Hotel EBITDA increased 11.3% to $97.0 million
• Adjusted FFO increased 21.4% to $76.1 million

http://investor.rljlodgingtrust.com/phoenix.zhtml?c=243028&p=irol-news&nyo=0

Extended Stay America Announces Fourth Quarter and Full Year 2014 Results

Fourth Quarter 2014 Highlights

• Revenue increased 5.2% to $282.7 million
• RevPAR grew 5.3% to $39.83
• Adjusted EBITDA¹ of $123.4 million improved $2.8 million, or 2.4%
• Net income of $28.0 million increased $43.4 million
• Adjusted Paired Share Income¹ of $32.7 million, or $0.16 per diluted Paired Share

http://www.aboutstay.com/CorporateProfile.aspx?iid=4409177