Investor Presentaiton
BUSINESS UPDATE
FINANCIAL SUMMARY & HIGHLIGHTS
OUTLOOK
APPENDIX
Second Quarter 2023 Financial Performance
Revenues
Profitability
$427.4M
Total revenues
Quarterly record
+16%
YOY
$28.8M
Platform & procurement
services fees
+32%
YOY
$140.5M
Royalty, licensing &
management fees
+16%
YOY
$153.1M
Adj. EBITDA¹
Quarterly record
+18%
YOY
$1.75
Adj. diluted EPS
+22%
YOY
000
Integration Synergies
$80M
of annual recurring synergies
achieved
S
Share Repurchases
>$655M
representing
10%
of shares outstanding²
All results include the impact of the Radisson Americas acquisition.
1. Reported net income was $84.7 million for the second quarter 2023.
2. Over the trailing twelve months ended June 30, 2023, the company repurchased 5.6 million shares of common stock totaling over $655 million, representing 10% of the shares outstanding as of June 30, 2022.
Leverage
2.7x
Reported leverage ratio
below the target of 3-4x
$
8View entire presentation