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Investor Presentaiton

BUSINESS UPDATE FINANCIAL SUMMARY & HIGHLIGHTS OUTLOOK The company is expecting to grow adjusted EBITDA by 12% at the midpoint of the guidance, year-over-year and expects an additional 10% growth in 2024 FY 2023 Guidance APPENDIX 2023 Revenue Sensitivities Adj. EBITDA¹ Raised midpoint of guidance upward by $2.5M $530M - $540M +12% +43% vs. FY '22 vs. FY '19 RevPAR Growth² approx. 2% vs. FY '22 approx. 15% vs. FY '19 1% Increase in RevPAR = $4.9M in royalties 1bps Increase in effective royalty rate = $1M in royalties Effective Royalty Rate Growth³ mid-single digits vs. FY '22 1% Adj. Diluted EPS $5.86-$6.01 +13% vs. FY '22 Increase in unit growth in the higher revenue segments4 = $4.5M in royalties Unit Growth4 approx. 1% vs. FY '22 1% Increase in unit growth in economy transient segment = just under $400K in royalties All figures include the impact of the Radisson Americas acquisition. 1. Net Income is expected to range between $251 million and $259 million for full-year 2023, assuming an effective tax rate of 24%. 2. For comparative purposes, domestic RevPAR baseline for full-year 2022 and 2019 is inclusive of the Radisson Americas acquisition. 3. For comparative purposes, the domestic effective royalty rate 4.93% baseline for full-year 2022 is inclusive of the Radisson Americas acquisition. 4. Represents the company's upscale, midscale, and extended-stay segments. 12
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