Ashford Hospitality Trust Inc · NYSE:AHT
Ashford Hospitality Trust — Corporate Update (November 2012)
14 slides from Ashford Hospitality Trust's corporate update, Nov 13, 2012
Slide 1: Property Tour November 2012
PROPERTY TOUR NOVEMBER 2012
Slide 2: Safe Harbor
Safe Harbor In keeping with the SEC’s “Safe Harbor” guidelines, certain statements made during this presentation could be considered forward-looking and subject to certain risks and uncertainties that could cause results to differ materially from those projected. When we use the words “will likely r
Slide 3: Investment Highlights, Property Statistics, Customer Segmentation
Investment Highlights Property Statistics Debt Overview Customer Segmentation 31% 26% 43% Group Transient Leisure Transient Corporate Hotel Information 3 HILTON TORREY PINES
Slide 4: Property Pictures
4 HILTON TORREY PINES Property Pictures
Slide 5: Property Overview
Property Overview • Strategically located on the cliffs of La Jolla, overlooking the Torrey Pines Golf Course and the Pacific Ocean. • Exclusive access to daily tee times. • Meeting Space to rooms ratio amongst the best in the market. • Unique outdoor venues. • Large, 450 sq ft Guest Rooms with balc
Slide 6: Torrey Pines Golf Course
Torrey Pines Golf Course Tiger Woods putting to win the 2008 US Open Championship at Torrey Pines HILTON TORREY PINES 6 Golf Digest`s 43rd best public golf course in the nation, 22nd overall best course in California.
Slide 7: RevPAR: San Diego Market
RevPAR: San Diego Market $40 $60 $80 $100 2007 2008 2009 2010 2011 TTM Sep 2012 San Diego Total US HILTON TORREY PINES 7
Slide 8: Competitive Set
Competitive Set 8 Comp Set Ranking # of Rooms Year Built Hilton Torrey Pines 1 of 6 394 1989 Marriott San Diego 6 of 6 360 1985 Loews Coronado Bay 2 of 6 439 1991 Embassy Suites San Diego 3 of 6 340 1987 Hyatt Regency Aventine 4 of 6 419 1989 Estancia La Jolla 5 of 6 210 2004 Total 2,162 TTM RevPAR
Slide 9: RevPAR: Comp Set
RevPAR: Comp Set $90 $110 $130 $150 2007 2008 2009 2010 2011 TTM Sep 2012 Our Property Comp Set HILTON TORREY PINES Index: 101.7 Index: 101.0 Index: 105.6 Index: 104.8 Index: 102.3 Index: 106.0 9
Slide 10: Capex Projects
Capex Projects 10 HILTON TORREY PINES BEFORE AFTER Restaurant Renovation Bar Renovation SALT score: 10% (2009) SALT score: 74% (2012)
Slide 11: Capex Projects Cont.
Capex Projects Cont. 11 HILTON TORREY PINES BEFORE AFTER Pavilion Renovation Suite Lounge Renovation
Slide 12: Capex Projects Cont.
12 HILTON TORREY PINES Capex Projects Cont. BEFORE AFTER Lobby Renovation SALT score: 6% (2009) SALT score: 94% (2012)
Slide 13: Capex: Historical and Planned
Capex: Historical and Planned $583 $2,052 $2,418 $1,816 $1,238 $13,022 $827 $4,524 $1,550 $1,730 $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 2007 2008 2009 2010 2011 2012E 2013E 2014E 2015E 2016E (in t h ou sa n d s) Capex spent since acquisition Planned 5 yr capex investment 13 Spent $8.
Slide 14: Property Tour November 2012
PROPERTY TOUR NOVEMBER 2012
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