American Skiing Company

RLJ Lodging Trust Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
REIT, Lodging, Commercial Building & Real Estate, Construction & Property, Travel, ADR, Comparable, American Skiing Company, Trustee, RevPAR, Tourism, Holding company, Occupancy

Comparable Hotel EBITDA for the nine months ended September 30, 2023 and 2022 excludes $0.5 million net income from sold hotels.

Key Points: 
  • Comparable Hotel EBITDA for the nine months ended September 30, 2023 and 2022 excludes $0.5 million net income from sold hotels.
  • As of November 1, 2023, the 2023 Share Repurchase Program had a remaining capacity of $219.9 million.
  • The dividend was paid on October 16, 2023 to shareholders of record as of September 29, 2023.
  • Based on current trends and assuming no material disruptions to travel or worsening macro-economic conditions, the Company's fourth quarter 2023 outlook is as follows:

RLJ Lodging Trust Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Monday, February 27, 2023
Other Construction & Property, Commercial Building & Real Estate, Lodging, Construction & Property, REIT, Travel, RevPAR, The Mills House Hotel, Share repurchase, American Skiing Company, Trustee, Growth, ADR, Comparable, Revolver, Hotel, Holding company

Comparable Hotel EBITDA for the year ended December 31, 2022 and 2021 includes $0.6 million and $3.4 million net income, respectively, from acquired hotels.

Key Points: 
  • Comparable Hotel EBITDA for the year ended December 31, 2022 and 2021 includes $0.6 million and $3.4 million net income, respectively, from acquired hotels.
  • During the fourth quarter of 2022, the Company’s portfolio generated Comparable RevPAR of $127.25, achieving 94% of the comparable period in 2019.
  • Comparable occupancy for the fourth quarter of 2022 recovered to 89% of 2019 levels while comparable ADR achieved 105% of 2019 levels.
  • The Company's Board of Trustees declared a quarterly cash dividend of $0.4875 on the Company’s Series A Preferred Shares in the fourth quarter.

K2 Skis Partners with BOA®, Pioneering New Innovation in Alpine Ski Boots

Retrieved on: 
Wednesday, February 8, 2023
K2 Sports, Woman, BOA, K2, Mindbender, Pressure, American Skiing Company, Partnership, Foot, Recon, Sports equipment, Shoemaking, Marketing

SEATTLE, Feb. 8, 2023 /PRNewswire/ -- K2 Skis, the original American Ski and Snowboard brand, taps into its legacy partnership with BOA® to introduce a new fit technology to alpine ski boots.

Key Points: 
  • SEATTLE, Feb. 8, 2023 /PRNewswire/ -- K2 Skis, the original American Ski and Snowboard brand, taps into its legacy partnership with BOA® to introduce a new fit technology to alpine ski boots.
  • The K2 Recon and Anthem BOA boots debut the BOA H+i1 system, providing skiers unprecedented precision fit and performance.
  • This innovation has the potential to redefine future ski boot fit and performance," said Tom Johnson, Director of Marketing, K2 Sports.
  • K2 Skis' long history of industry firsts and product innovation align with BOA® Fit System's focus on performance.