| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Food & Beverage | | | | | | | | 26.4 |
| Room | | | | | | | | 424.5 |
| Other Operating Revenues | | | | | | | | 19.4 |
| Total revenues [+] | 405.9 | 296.0 | 176.7 | 530.0 | 495.1 | 498.2 | 466.6 | 470.4 |
| Food & beverage | | | | | | | | 26.4 |
| Room / occupancy | | | | | | | | 424.5 |
| Other hotel | | | | | | | | 19.4 |
| Other income | | | | | | 1.1 | 0.3 | 0.1 |
| Revenue growth | 37.1% | 67.5% | -66.7% | 7.0% | -0.6% | 6.8% | -0.8% | 12.7% |
| Cost of goods sold [+] | 30.6 | 36.8 | 40.9 | 38.6 | 35.2 | 59.4 | 60.2 | 320.0 |
| Food and beverage costs | | | | | | | | 21.0 |
| Occupancy costs | | | | | | | | 90.7 |
| Lease costs | | | | | | 3.5 | 3.6 | 3.1 |
| Other direct hotel costs | | | | | | | | 142.6 |
| Real estate taxes and insurance | | | | | | 32.3 | 32.2 | 34.5 |
| Gross profit | 375.2 | 259.2 | 135.7 | 491.4 | 459.9 | 438.8 | 406.4 | 150.4 |
| Gross margin | 92.5% | 87.6% | 76.8% | 92.7% | 92.9% | 88.1% | 87.1% | 32.0% |
| Selling, general and administrative [+] | 26.8 | 23.4 | 20.6 | 27.1 | 27.8 | 24.2 | 25.0 | 21.1 |
| General and administrative [+] | 26.8 | 23.4 | 20.6 | 27.1 | 27.8 | 24.2 | 25.0 | 21.1 |
| General and administrative expenses | 26.5 | 23.0 | 20.1 | 26.4 | 26.9 | 23.6 | 24.4 | 20.5 |
| Other selling, general and administrative | | | | | | | | |
| Equity in earnings | 5.1 | -2.3 | -2.9 | 0.7 | 1.1 | -2.5 | -1.8 | 1.0 |
| Other operating expenses | 240.3 | 181.9 | 139.5 | 321.3 | 289.6 | 277.2 | 240.4 | -27.5 |
| EBITDA [+] | 117.6 | 56.6 | -24.2 | 145.2 | 145.5 | 136.7 | 140.4 | 158.9 |
| EBITDA growth | 107.8% | -334.1% | -116.7% | -0.2% | 6.4% | -2.6% | -11.6% | 20.1% |
| EBITDA margin | 29.0% | 19.1% | -13.7% | 27.4% | 29.4% | 27.4% | 30.1% | 33.8% |
| Depreciation | 64.7 | 83.0 | 96.5 | 96.0 | 88.9 | 82.0 | 74.6 | 74.0 |
| EBITA | 52.9 | -26.3 | -120.7 | 49.2 | 56.6 | 54.7 | 65.7 | 84.9 |
| EBITA margin | 13.0% | -8.9% | -68.3% | 9.3% | 11.4% | 11.0% | 14.1% | 18.0% |
| Amortization of intangibles | 4.7 | 5.3 | 3.5 | 2.1 | 2.8 | 3.6 | 2.0 | 1.5 |
| EBIT [+] | 48.3 | -31.7 | -124.3 | 47.1 | 53.8 | 51.2 | 63.7 | 83.4 |
| EBIT growth | -252.5% | -74.5% | -364.0% | -12.5% | 5.1% | -19.7% | -23.6% | 35.5% |
| EBIT margin | 11.9% | -10.7% | -70.3% | 8.9% | 10.9% | 10.3% | 13.7% | 17.7% |
| Non-recurring items [+] | 10.1 | 0.2 | 1.1 | | | 4.1 | | |
| Asset impairment | 10.1 | 0.2 | 1.1 | | | 4.1 | | |
| Interest expense, net [+] | 46.9 | 56.0 | 51.7 | 52.0 | 48.4 | 42.4 | 44.0 | 43.4 |
| Interest expense | 48.4 | 56.1 | 51.8 | 52.2 | 48.5 | 42.7 | 44.4 | 43.6 |
| Interest income | 1.5 | 0.0 | 0.0 | 0.3 | 0.1 | 0.3 | 0.4 | 0.2 |
| Other income (expense), net [+] | 179.6 | 45.4 | 0.6 | -0.9 | 3.2 | 105.5 | 96.9 | -0.9 |
| Gain (loss) on sale of assets | 197.5 | 48.4 | 1.2 | | 4.1 | 90.4 | 115.8 | |
| Gain (loss) on debt retirement | -18.0 | -3.1 | | -0.3 | 0.0 | -0.6 | -1.2 | -0.6 |
| Extraordinary gain | | | | | | 16.2 | | |
| Other | 0.2 | 0.1 | -0.5 | -0.6 | -0.9 | -0.8 | -1.0 | -0.4 |
| Pre-tax income | 170.9 | -42.5 | -176.4 | -5.8 | 8.6 | 110.2 | 116.6 | 39.1 |
| Income taxes | 4.8 | 0.8 | 11.3 | 0.1 | 0.3 | 5.3 | -4.9 | -3.1 |
| Tax rate | 2.8% | | | | 3.1% | 4.8% | | |
| Minority interest | -16.6 | 6.7 | 19.6 | | | | | -0.4 |
| Net income | 122.5 | -63.0 | -189.2 | -27.8 | -14.2 | 75.7 | 95.6 | 27.4 |
| Net margin | 30.2% | -21.3% | -107.1% | -5.3% | -2.9% | 15.2% | 20.5% | 5.8% |
| |
| Basic EPS [+] | $3.11 | ($1.61) | ($4.90) | ($0.72) | ($0.36) | $1.83 | $2.22 | $0.57 |
| Growth | -293.1% | -67.1% | 584.6% | 98.7% | -119.7% | -17.9% | 287.5% | -47.6% |
| Diluted EPS [+] | $2.98 | ($1.61) | ($4.90) | ($0.72) | ($0.36) | $1.80 | $2.20 | $0.57 |
| Growth | -284.6% | -67.1% | 584.6% | 98.7% | -120.0% | -18.0% | 287.0% | -47.7% |
| |
| Dividends per share [+] | $0.05 | | $0.28 | $1.12 | $1.12 | $1.33 | $1.13 | $1.13 |
| Growth | | -100.0% | -75.1% | 0.3% | -15.6% | 17.6% | -0.1% | 11.9% |
| |
| Shares outstanding (basic) [+] | 39.4 | 39.1 | 38.6 | 38.9 | 39.4 | 41.4 | 43.0 | 47.8 |
| Growth | 0.7% | 1.2% | -0.8% | -1.2% | -4.9% | -3.6% | -10.1% | -4.0% |
| Shares outstanding (diluted) [+] | 41.2 | 39.1 | 38.6 | 38.9 | 39.4 | 42.1 | 43.5 | 48.4 |
| Growth | 5.4% | 1.2% | -0.8% | -1.2% | -6.4% | -3.4% | -10.0% | -3.9% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |