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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
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