Corphousing Group IPO Presentation Deck slide image

Corphousing Group IPO Presentation Deck

CASE STUDY: Recent Acquisition ▪ CHG entered into a lease for The Blakely New York Hotel on West 55th Street in New York City in October 2021 ▪ 118-room property ■ 15-year lease ▪ Required refundable letter of credit funded from a portion of the proceeds of October 2021 bridge financing ▪ Based upon CHG's historical low & high revenue per available room night, property could add between $4.4 - $6.9 mm of potential annual net revenue ($ in millions) $8.0 $7.0 $6.0 $5.0 $4.0 $3.0 $2.0 $1.0 Potential Annual Net Revenue Low High Note: Calculated by using historical low/high revenue per available room night [[($103 or $160) *365 / days per year * 118 rooms). CHG 12
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