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NexPoint Hospitality Trust (V:NHT.U)

Business Focus: Hospitality REITs

Sector:  Real Estate Industry:  Specialized REITs
 
Company Contact
Address: 333 Bay Street, Suite 3400
TORONTO ON M5H 2S7
Tel: N/A
Website: www.nexpointhospitality.com
IR: See website
Key People
James David Dondero
Chairman of the Board of Trustees, Chief Executive Officer
Brian D. Mitts
Chief Financial Officer
Jesse Blair
Executive Vice President, Head - Lodging
Matthew Ryan Mcgraner
Chief Investment Officer
Paul Richards
Vice President - Asset Management
 
Business Overview
NexPoint Hospitality Trust is a real estate investment trust. The Company is focused on acquiring, owning and operating hospitality properties in the United States. Its objective is to provide unitholders with an opportunity to invest in a portfolio of extended-stay, select-service and efficient full-service hotels located in attractive United States markets. It owns 10 branded properties sponsored by Marriott, Hilton, Hyatt, and Intercontinental Hotels Group, located across the United States. The Company's properties are operated under franchise agreements with franchisors. Its franchised properties include Dallas Hilton Garden Inn, Addison HomeWood Suites, Plano HomeWood Suites, Las Colinas HomeWood Suite, Olympia DoubleTree, Tigard DoubleTree, St. Petersburg Marriott, Nashville Holiday Inn Express, Hyatt Place Park City and Bradenton Hampton Inn & Suites. The Company is externally advised by NexPoint Real Estate Advisors VI, L.P.
Financial Overview
For the nine months ended 30 September 2023, NexPoint Hospitality Trust revenues increased 18% to $50.9M. Net loss before extraordinary items increased from $2.8M to $8.4M. Revenues reflect owning and operating hotel properties segment increase of 1% to $50.9M. Higher net loss reflects owning and operating hotel properties segment income decrease of 2% to $14.6M.
Reporting Currency: U.S. Dollars
Enterprise value: $276.42M as of Sep 30, 2023
Annual revenue (TTM): $66.82M as of Sep 30, 2023
EBITDA (TTM): $24.28M as of Sep 30, 2023
Net annual income (TTM): -$4.73M as of Sep 30, 2023
Free cash flow (TTM): $50.81M as of Sep 30, 2023
Net Debt Last Fiscal Year: $204.53M as of Sep 30, 2023
Shares outstanding: 29,352,055 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization