Ashford Hospitality Trust Inc · NYSE:AHT
Ashford Hospitality Trust — Corporate Update (May 2017)
18 slides from Ashford Hospitality Trust's corporate update, May 17, 2017
Slide 1: The W & The Ritz-Carlton Property Tour Atlanta, GA – May 2017
The W & The Ritz-Carlton Property Tour Atlanta, GA – May 2017
Slide 2: W Atlanta Downtown
W Atlanta Downtown
Slide 3: Overview
Overview 3 Acquired in July 2015 for $56.8 million 237 keys, 9,000 sq. ft. of meeting space Located in the heart of Downtown Atlanta Close proximity to the downtown and midtown demand generators: Centennial Olympic Park, the Atlanta Aquarium, AmericasMart, and the new Mercedes-Benz Stadium
Slide 4: Location
Location 4 Georgia Aquarium AmericasMart Olympic Park Mercedez-Benz Stadium Civil Rights Museum World of Coca-Cola Museum College Football Hall of Fame W Atlanta Downtown Bobby Dodd Stadium
Slide 5: Investment Highlights
Investment Highlights 5 Replaced unprofitable restaurant manager and re-positioned restaurant • Projected annual positive GOP impact of almost $300,000 New management of the on-premise digital billboard • Utilization increased from 25% to nearly 100% in 2016 • More than quadrupled 2015 revenue •
Slide 6: Operational Performance
Operational Performance 6 Hotel EBITDA flow-through of 157.3% Hotel EBITDA growth of 27.2% NOI growth of 33.8% 2016 Performance Through First Full Year of Ownership 2015 2016 Growth Room Revenue $13,665,573 $14,124,111 3.4% RevPAR $157.97 $162.83 3.1% Total Revenue $21,433,744 $22,120,138 3.2%
Slide 7: Exterior W Atlanta – Atlanta, GA
Exterior 7 W Atlanta – Atlanta, GA W Atlanta – Atlanta, GA
Slide 8: Rooms & Bathrooms
Rooms & Bathrooms 8 W Atlanta – Atlanta, GA W Atlanta – Atlanta, GA
Slide 9: The Ritz-Carlton Atlanta
ZS ASHFORD The Ritz-Carlton Atlanta
Slide 10: Overview
Overview 10 Acquired as part of the 27-Hotel Highland Portfolio transaction in 2011 444 keys, 17,000 sq. ft. of meeting space Located in the heart of Downtown Atlanta Close proximity to the downtown and midtown demand generators: Centennial Olympic Park, the Atlanta Aquarium, AmericasMart, a
Slide 11: Location
Location 11 Georgia Aquarium Olympic Park Mercedez-Benz Stadium Civil Rights Museum World of Coca-Cola Museum College Football Hall of Fame The Ritz-Carlton Atlanta Bobby Dodd Stadium AmericasMart
Slide 12: Investment Highlights
Investment Highlights 12 Recently completed restaurant renovation Expanded/updated gift shop into upscale retail market Extensive $21 million guestroom renovation scheduled for Q4 2017 Expanding Ritz Carlton Club Lounge Completed Upcoming
Slide 13: Completed Restaurant Renovation
Completed Restaurant Renovation 13
Slide 14: Completed Restaurant Renovation (cont.)
Completed Restaurant Renovation (cont.) 14
Slide 15: Upcoming Guestroom Renovation
Upcoming Guestroom Renovation 15 Guestrooms • Carpet and wall vinyl • Soft and case goods • Drapery • Artwork • HDTVs (wall mount in King rooms) • Entry tile (King rooms only) Bathrooms • Shower conversions(King rooms only) • Vanities and electric mirrors (King rooms only) • Floor tile (King roo
Slide 16: Operational Performance
Operational Performance 16 Hotel EBITDA flow-through of 176.2% Hotel EBITDA growth of 22.1% NOI growth of 30.6% 2016 Performance 2015 2016 Growth Room Revenue $25,958,430 $26,906,082 3.7% RevPAR $160.18 $165.57 3.4% Total Revenue $39,344,706 $40,397,063 2.7% Hotel EBITDA $8,377,110 $10,231,644
Slide 17: Operational Performance (cont.)
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Slide 18: The W & The Ritz-Carlton Property Tour Atlanta, GA – May 2017
The W & The Ritz-Carlton Property Tour Atlanta, GA – May 2017
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