| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Food and beverage | | | | | | | 15.3 | |
| Rooms | | | | | | | 27.5 | |
| Other operating revenue | | | | | | | 6.2 | |
| Total revenues [+] | 655.9 | 279.1 | 611.1 | 613.9 | 340.8 | 177.6 | 49.1 | 0.0 |
| Food & beverage | | | | | | | 15.3 | |
| Room / occupancy | | | | | | | 27.5 | |
| Other hotel | | | | | | | 6.2 | |
| Revenue growth | 135.0% | -54.3% | -0.5% | 80.1% | 91.9% | 261.8% | | |
| Cost of goods sold [+] | 124.3 | 99.6 | 92.2 | 531.2 | 29.4 | 15.1 | 23.9 | 0.0 |
| Food and beverage costs | | | | | | | 10.2 | |
| Direct hotel costs | | | | | | | 42.1 | |
| Occupancy costs | | | | | | | 5.8 | |
| Maintenance and operations costs | 28.4 | 19.7 | 19.9 | 19.9 | 11.4 | 5.6 | 2.1 | |
| Other direct hotel costs | | | | | | | 3.0 | |
| Depreciation and amortization | | | | 77.2 | | | | |
| Real estate taxes and insurance | 95.8 | 79.9 | 72.2 | 62.6 | 18.1 | 9.5 | 2.5 | |
| Gross profit | 531.6 | 179.5 | 518.9 | 82.7 | 311.4 | 162.5 | 25.2 | 0.0 |
| Gross margin | 81.1% | 64.3% | 84.9% | 13.5% | 91.4% | 91.5% | 51.3% | |
| Selling, general and administrative [+] | 81.3 | 52.9 | 69.5 | 11.6 | 36.6 | 22.1 | 6.7 | 0.1 |
| Sales and marketing | 50.3 | 29.0 | 57.3 | | 30.2 | 16.9 | 4.4 | |
| General and administrative | 31.0 | 23.8 | 12.2 | 11.6 | 6.4 | 5.2 | 2.3 | 0.1 |
| Equity in earnings | -5.6 | -35.0 | -1.0 | -1.3 | -1.5 | 3.1 | 1.8 | |
| Other operating expenses | 239.2 | 192.3 | 297.8 | -17.1 | 191.5 | 90.8 | 8.9 | |
| EBITDA [+] | 247.3 | -70.4 | 153.8 | 167.1 | 82.6 | 53.2 | 11.3 | |
| EBITDA growth | -451.1% | -145.8% | -8.0% | 102.3% | 55.4% | 372.0% | -10527.8% | |
| EBITDA margin | 37.7% | -25.2% | 25.2% | 27.2% | 24.2% | 29.9% | 22.9% | |
| Depreciation | 156.1 | 142.0 | 78.4 | 78.5 | 43.7 | 23.0 | 5.8 | |
| EBITA | 91.1 | -212.5 | 75.4 | 88.6 | 38.9 | 30.2 | 5.4 | -0.1 |
| EBITA margin | 13.9% | -76.1% | 12.3% | 14.4% | 11.4% | 17.0% | 11.1% | |
| Amortization of intangibles | 3.0 | 2.7 | 1.5 | 1.7 | 0.8 | 0.5 | | |
| EBIT [+] | 88.1 | -215.2 | 73.9 | 86.9 | 38.0 | 29.7 | 5.4 | -0.1 |
| EBIT growth | -141.0% | -391.2% | -14.9% | 128.5% | 28.2% | 446.6% | -5125.0% | |
| EBIT margin | 13.4% | -77.1% | 12.1% | 14.2% | 11.2% | 16.7% | 11.1% | |
| Non-recurring items [+] | -0.1 | 136.1 | 3.2 | -1.3 | 2.7 | 26.8 | 13.1 | |
| Asset impairment | | 120.2 | | | | | | |
| Unusual expense | -1.6 | -2.5 | 0.4 | -1.3 | 2.7 | | | |
| Interest expense | 166.2 | 125.8 | 65.9 | 66.6 | 35.8 | 17.6 | 4.4 | |
| Interest expense | 166.2 | 125.8 | 65.9 | 66.6 | 35.8 | 17.6 | 4.4 | |
| Other income (expense), net [+] | -9.0 | 109.8 | -5.6 | -5.9 | -0.1 | 0.0 | 0.1 | |
| Gain (loss) on debt retirement | -13.6 | 0.0 | -2.7 | -0.5 | -0.3 | | | |
| Gain (loss) on acquisitions / transactions | | 78.7 | | | | | | |
| Extraordinary gain | 8.6 | 22.3 | | | | | | |
| Other | -0.5 | 1.0 | 0.3 | -0.5 | 0.2 | 0.0 | 0.1 | |
| Pre-tax income | -87.0 | -367.3 | -0.7 | 15.7 | -0.6 | -14.7 | -12.0 | -0.1 |
| Income taxes | -3.6 | 7.9 | -3.2 | -4.9 | 3.9 | 2.7 | 0.1 | 0.0 |
| Tax rate | 4.1% | | 431.2% | | | | | 0.0% |
| Minority interest | 4.2 | 17.1 | -10.2 | -7.7 | 1.0 | 3.6 | 0.5 | |
| Net income | -82.8 | -351.9 | -10.9 | 8.1 | -5.5 | -21.0 | -12.5 | -0.1 |
| Net margin | -12.6% | -126.1% | -1.8% | 1.3% | -1.6% | -11.8% | -25.5% | |
| |
| Basic EPS [+] | ($0.36) | ($1.75) | ($0.08) | $0.06 | ($0.07) | ($0.42) | ($1.71) | ($1.40) |
| Growth | -79.3% | 1969.3% | -233.1% | -195.5% | -84.3% | -75.2% | 22.2% | |
| Diluted EPS [+] | ($0.36) | ($1.75) | ($0.08) | $0.06 | ($0.07) | ($0.42) | ($1.71) | ($1.40) |
| Growth | -79.3% | 1969.3% | -233.1% | -195.5% | -84.3% | -75.2% | 22.2% | |
| |
| Dividends per share [+] | | $0.10 | $0.62 | $0.62 | $0.44 | $0.36 | $0.08 | |
| Growth | -100.0% | -83.7% | -0.1% | 41.0% | 24.2% | 319.5% | | |
| |
| Shares outstanding (basic) [+] | 228.7 | 201.2 | 129.0 | 126.9 | 82.5 | 49.6 | 7.3 | 0.1 |
| Growth | 13.6% | 56.0% | 1.6% | 53.8% | 66.4% | 576.9% | 9394.2% | |
| Shares outstanding (diluted) [+] | 228.7 | 201.2 | 129.0 | 126.9 | 82.5 | 49.6 | 7.3 | 0.1 |
| Growth | 13.6% | 56.0% | 1.6% | 53.8% | 66.4% | 576.9% | 9394.2% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |