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CorePoint Lodging inc (CPLG) Q2 2021 Earnings Call Transcript
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I would now like to turn the conference over to Becky Roseberry.
Becky Roseberry
Senior Vice President, Finacne and Investor Relations
Good afternoon and welcome to CorePoint Lodging s first quarter 2021 earnings conference call. In a moment we will have remarks from Keith Cline, our CEO; and Dan Swanstrom, our CFO.
Before we start, I would like to remind everyone that our remarks today will include forward-looking statements. Actual results could differ materially from those indicated in the forward-looking statements and forward-looking statements made today speak only to our expectations as of today. We do not undertake any duty to update forward-looking statements. These statements are subject to risk factors that may cause our actual results to differ materially from those expressed or implied. For more details on some of these risks, please refer to the Risk Factor section of the company s most recent Annual Report on Form 10-K as filed with the Securities and Exchange C
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CorePoint Lodging Reports Fourth Quarter and Full Year 2020 Results
CorePoint Lodging Inc.March 11, 2021 GMT
IRVING, Texas, March 11, 2021 (GLOBE NEWSWIRE) CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today reported operational and financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 and Subsequent Highlights
Net loss of $(42) million, or $(0.74) loss per fully diluted share
Comparable RevPAR of $32.03, a decrease of 43.2% from the same period in 2019 with 339 basis points of RevPAR Index market share gain