Condor Hospitality Trust — Corporate Update (October 2020)
8 slides from Condor Hospitality Trust's corporate update, Oct 27, 2020
Slide 1: Supplemental Investor Presentation | October 2020
Exhibit 99.1 Condor Hospitality Trust, Inc. Supplemental Investor Presentation | October 2020 NYSE AMERICAN: CDORExhibit 99.1 Condor Hospitality Trust, Inc. Supplemental Investor Presentation | October 2020 NYSE AMERICAN: CDOR
Slide 2: Safe Harbor Statement
Safe Harbor Statement All statements included in this presentation, other than statements of historical fact, are or may be deemed to be “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking stateme
Slide 3: October 2020 Update
October 2020 UpdateOctober 2020 Update
Slide 4: Supplemental Highlights: Net Loss and Consolidated Hotel EBITDA
Supplemental Highlights Net Loss and Consolidated Hotel EBITDA § High Hotel EBITDA Margins result in profitability at lower revenue levels 1000K § Portfolio has generated positive Hotel EBITDA 500K beginning in May 2020 K § Hotel EBITDA exceeded Corporate G&A and -500K unallocated hotel and property
Slide 5: Highest-Quality Portfolio of Select-Service Upper Midscale and Upscale Assets
Assets Highest-Quality Portfolio of Select-Service Upper Midscale and Upscale Assets in Secondary Markets Aloft Atlanta, GA Courtyard Jacksonville, FL Hotel Indigo Atlanta, GA Aloft Leawood, KS SpringHill Suites San Antonio, TX Rooms: 254 Rooms: 120 Rooms: 142 Rooms: 156 Rooms: 116 Acquired: August
Slide 6: Appendix C | Non-GAAP Reconciliation
Appendix C | Non-GAAP ReconciliationAppendix C | Non-GAAP Reconciliation
Slide 7: EBITDA, EBITDAre, Adjusted EBITDAre, and Hotel EBITDA
Earnings Before Interest, Taxes, Depreciation, and Amortization (“EBITDA”), EBITDAre, Adjusted EBITDAre, and Hotel EBITDA We calculate EBITDA, EBITDAre, and Adjusted EBITDAre by adding back to net earnings or loss certain non-operating expenses and certain non-cash charges which are based on histori
Slide 8: Non-GAAP Reconciliation: Hotel EBITDA and Corporate Adjusted EBITDA
Non-GAAP Reconciliation: Condor Hospitality Trust, Inc. Hotel EBITDA and Corporate Adjusted EBITDA The preliminary results below for the months ending July 31, 2020, August 31, 2020 and September 30, 2020 are based solely on currently available information, which is subject to change. Readers are ca
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