CorePoint Lodging Inc., a real estate investment trust company, owns select-service hotels primarily under the La Quinta brand in the United States. As of December 31, 2020, it had a portfolio of 209 select-service hotels and approximately 27,800 rooms across 35 states in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. CorePoint Lodging Inc. was incorporated in 2017 and is headquartered in Irving, Texas.
IPO Year: 2018
Exchange: NYSE
Website: corepoint.com
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
IRVING, Texas, Nov. 08, 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 third quarter ended September 30, 2021. Third Quarter 2021 and Subsequent Highlights Net income of $17 million, or $0.28 earnings per diluted shareComparable RevPAR of $66.38, an increase of 71.4% from the same period in 2020 and a decrease of 4.9% from the same period in 2019Adjusted EBITDAre of $34 millionAdjusted FFO attributable to common stockholders of $29 million, or $0.47 per diluted shareSold 15 non-core
IRVING, Texas, Nov. 08, 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 announced that it has entered into a definitive agreement to be acquired through a joint venture between affiliates of Highgate and Cerberus Capital Management, L.P. ("Cerberus"). Under the terms of the merger agreement, Highgate and Cerberus will acquire all outstanding shares of CorePoint common stock in an all-cash transaction valued at approximately $1.5 billion based on the $15.65 per share consideration, which reflects the assumption of current net debt and
IRVING, Texas, Aug. 05, 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 second quarter ended June 30, 2021. Second Quarter 2021 and Subsequent Highlights Net income of $28 million, or $0.48 earnings per diluted shareComparable RevPAR of $58.99, an increase of 137.8% from the same period in 2020 and a decrease of 14.7% from the same period in 2019Adjusted EBITDAre of $31 millionAdjusted FFO attributable to common stockholders of $24 million, or $0.41 per diluted shareThe Company exerci
IRVING, Texas, July 28, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE:CPLG) ("CorePoint" or the "Company") today announced that the Company plans to report financial results for the second quarter of 2021 after the market closes on Thursday, August 5, 2021. The Company will also host a conference call for investors and other interested parties to discuss its results beginning at 5:00 p.m. Eastern Time that day. The call may be accessed by dialing (866) 300-4611, or (703) 736-7439 for international participants, and entering the passcode 6786007. Participants may also access the call via webcast by visiting www.corepoint.com/investors. The replay of the call will be available from
IRVING, Texas, May 06, 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 first quarter ended March 31, 2021. First Quarter 2021 and Subsequent Highlights Net loss of $(31) million, or $(0.54) loss per basic and diluted shareComparable RevPAR of $38.78, a decrease of 24.0% from the same period in 2020 with 352 basis points of RevPAR Index market share gainAdjusted EBITDAre of $3 millionAdjusted FFO attributable to common stockholders of $(4) million, or $(0.07) per basic and diluted shar
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 shareComparable RevPAR of $32.03, a decrease of 43.2% from the same period in 2019 with 339 basis points of RevPAR Index market share gainAdjusted EBITDAre of $(5) millionAdjusted FFO attributable to common stockholders of $(14) million, or $(0.25) per f
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Selina Hospitality PLC ("Selina" or the "Company"), (NASDAQ:SLNA), the fast-growing lifestyle and experiential hospitality company targeting millennial and Gen Z travelers, is proud to announce the appointment of Alan Bowers as the newest independent director on its Board of Directors, effective as of March 17, 2023. In addition, as part of Selina's commitment to corporate governance, the Board has established a Finance and Capital Allocation Committee to help oversee budgeting, capital allocation and significant transactions. Catherine Dunleavy, who has stepped down as chair of, but remains a member of, the Audit Committee was appointed as chair of the new committee. The establishment of t
IRVING, Texas, March 01, 2022 (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 announced that its stockholders voted to approve the acquisition of CorePoint by a joint venture between affiliates of Highgate and Cerberus Capital Management, L.P. ("Cerberus"). The transaction is expected to close as early as March 3, 2022, subject to satisfaction of the remaining closing conditions. Keith Cline, President and Chief Executive Officer of CorePoint, said, "I thank our stockholders for their support of this transaction and am incredibly grateful
IRVING, Texas, Nov. 08, 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 third quarter ended September 30, 2021. Third Quarter 2021 and Subsequent Highlights Net income of $17 million, or $0.28 earnings per diluted shareComparable RevPAR of $66.38, an increase of 71.4% from the same period in 2020 and a decrease of 4.9% from the same period in 2019Adjusted EBITDAre of $34 millionAdjusted FFO attributable to common stockholders of $29 million, or $0.47 per diluted shareSold 15 non-core
IRVING, Texas, Nov. 08, 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 announced that it has entered into a definitive agreement to be acquired through a joint venture between affiliates of Highgate and Cerberus Capital Management, L.P. ("Cerberus"). Under the terms of the merger agreement, Highgate and Cerberus will acquire all outstanding shares of CorePoint common stock in an all-cash transaction valued at approximately $1.5 billion based on the $15.65 per share consideration, which reflects the assumption of current net debt and
IRVING, Texas, Aug. 05, 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 second quarter ended June 30, 2021. Second Quarter 2021 and Subsequent Highlights Net income of $28 million, or $0.48 earnings per diluted shareComparable RevPAR of $58.99, an increase of 137.8% from the same period in 2020 and a decrease of 14.7% from the same period in 2019Adjusted EBITDAre of $31 millionAdjusted FFO attributable to common stockholders of $24 million, or $0.41 per diluted shareThe Company exerci
IRVING, Texas, July 28, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE:CPLG) ("CorePoint" or the "Company") today announced that the Company plans to report financial results for the second quarter of 2021 after the market closes on Thursday, August 5, 2021. The Company will also host a conference call for investors and other interested parties to discuss its results beginning at 5:00 p.m. Eastern Time that day. The call may be accessed by dialing (866) 300-4611, or (703) 736-7439 for international participants, and entering the passcode 6786007. Participants may also access the call via webcast by visiting www.corepoint.com/investors. The replay of the call will be available from
IRVING, Texas, July 13, 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 provided a business update for the second quarter ended June 30, 2021 and announced that its Board of Directors, working together with financial and legal advisors, has decided to explore strategic alternatives to maximize stockholder value. "The sequentially improving performance of our portfolio of select-service hotels has continued to demonstrate the benefits of our positioning predominantly in suburban, drive-to destination, and leisure markets, allowing us to
IRVING, Texas, May 06, 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 first quarter ended March 31, 2021. First Quarter 2021 and Subsequent Highlights Net loss of $(31) million, or $(0.54) loss per basic and diluted shareComparable RevPAR of $38.78, a decrease of 24.0% from the same period in 2020 with 352 basis points of RevPAR Index market share gainAdjusted EBITDAre of $3 millionAdjusted FFO attributable to common stockholders of $(4) million, or $(0.07) per basic and diluted shar
IRVING, Texas, April 28, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE:CPLG) ("CorePoint" or the "Company") today announced that the Company plans to report financial results for the first quarter of 2021 after the market closes on Thursday, May 6, 2021. The Company will also host a conference call for investors and other interested parties to discuss its results beginning at 5:00 p.m. Eastern Time that day. The call may be accessed by dialing (888) 330-2042 or (365) 605-5061 and entering the passcode 1068176. Participants may also access the call via webcast by visiting www.corepoint.com/investors. The replay of the call will be available from approximately 8:00 p.m. Eastern Tim
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 shareComparable RevPAR of $32.03, a decrease of 43.2% from the same period in 2019 with 339 basis points of RevPAR Index market share gainAdjusted EBITDAre of $(5) millionAdjusted FFO attributable to common stockholders of $(14) million, or $(0.25) per f
Selina Hospitality PLC ("Selina" or the "Company"), (NASDAQ:SLNA), the fast-growing lifestyle and experiential hospitality company targeting millennial and Gen Z travelers, is proud to announce the appointment of Alan Bowers as the newest independent director on its Board of Directors, effective as of March 17, 2023. In addition, as part of Selina's commitment to corporate governance, the Board has established a Finance and Capital Allocation Committee to help oversee budgeting, capital allocation and significant transactions. Catherine Dunleavy, who has stepped down as chair of, but remains a member of, the Audit Committee was appointed as chair of the new committee. The establishment of t
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