Lowers FY25 RevPar view to (1.0%)-1.0% from 1.0%-3.0%. FY25 guidance is based in part on the following assumptions: Full year corporate expenses, excluding share-based compensation, of approximately $24M-$25M; Full year cash interest expense of approximately $60.5M-$61.5M; fully diluted weighted average common shares and units of 210.3M; and 3,502,175 full year available rooms.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter