Earnings Call Summary | Ashford Hospitality Trust(AHT.US) Q2 2024 Earnings Conference
Earnings Call Summary | Ashford Hospitality Trust(AHT.US) Q2 2024 Earnings Conference
Total net working capital at the end of the quarter was approximately $187.4 million.The following is a summary of the Ashford Hospitality Trust, Inc. (AHT) Q2 2024 Earnings Call Transcript:
以下是阿什福德信託公司（Ashford Hospitality Trust, Inc.，簡稱AHT）2024年Q2業績會議通話記錄摘要：
Financial Performance:
金融業績：
Ashford Hospitality Trust reported a net income of $44.3 million, or $0.25 per diluted share, and AFFO per diluted share of $0.27 for Q2 2024.
Adjusted EBITDAre for the quarter was $78.7 million.
Total net working capital at the end of the quarter was approximately $187.4 million.
阿什福德信託報告淨利潤4430萬美元，每股稀釋後收益0.25美元，Q2 2024年收益每股調整後爲0.27美元。
該季度調整後的EBITDAre爲7870萬美元。
季末總淨營運資本約爲1.874億美元。
Business Progress:
業務進展：
Ashford has made significant progress in reducing its debt, evident from nearly $90 million in principal payments made since March 2024.
Successfully sold seven assets generating over $310 million, notably the 390-room Hilton Boston Back Bay for $171 million.
Secured a new non-recourse loan of $267.2 million for the Renaissance Nashville, enhancing financial flexibility.
Raised approximately $147 million from non-traded preferred stock offering, with $24 million raised in Q2.
Steady improvement in Comparable Hotel RevPAR and strong corporate transient recovery noted, with enhanced urban hotel performances such as the Renaissance Nashville showing a 16% increase in hotel EBITDA.
阿什福德已在2024年3月以來償還了近9000萬美元的本金，顯示出其在減輕債務方面取得了顯著進展。
成功出售七項資產，共獲利3.1億美元，尤其是以1.71億美元的價格出售了擁有390間客房的波士頓希爾頓酒店。
爲Nashville Renaissance酒店獲得了一項新的非追索貸款，總額爲2.672億美元，增強了其財務靈活性。
通過非公開可交易優先股發行籌集了大約1.47億美元資金，其中Q2籌集了2400萬美元。
酒店同比可比營收表現穩步提升，企業客房回歸強勁，城市酒店的表現尤其突出，如Nashville Renaissance酒店的酒店EBITDA增長了16%。
Opportunities:
機會：
Continued asset sales and refinancing opportunities, particularly with non-recourse loans, present significant opportunities for further financial restructuring and growth.
The ongoing capital raise from non-traded preferred stock offers substantial capital for strategic financial maneuvers.
Robust group booking pace, especially heading into softer occupancy quarters, alongside the strategic increase in group business for 2025 provides a cushion against macroeconomic headwinds and enables aggressive transient business yielding.
持續出售資產和再融資機會，尤其是非追索貸款，爲進一步的財務重組和增長提供了重要機遇。
來自非公開可交易優先股的持續資本籌集爲戰略性財務操作提供了充足的資本。
強勁的團隊預訂速度，特別是進入較低入住率季度，伴隨着2025年團隊業務的戰略性增長，爲macroeconomic headwinds提供了緩衝並提高了攻擊性短期業務的收益。
Risks:
風險：
Potential market risks highlighted by disparities in buyer interest and financing conditions affecting transaction dynamics. Particularly, the fluctuation in asset valuation depending on market conditions could impact the pace and profitability of asset sales.
市場風險的潛在風險在於買家興趣和融資條件之間的差異影響交易動態。特別是資產估值的波動將影響資產銷售的速度和盈利能力。
More details: Ashford Hospitality Trust IR
更多詳情請參考阿什福德信託公司IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。