CorePoint Lodging Inc. (NYSE:CPLG) Q3 2019 Earnings Conference Call - Final Transcript

Nov 13, 2019 • 05:00 pm ET

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CorePoint Lodging Inc. (NYSE:CPLG) Q3 2019 Earnings Conference Call - Final Transcript

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Presentation
Executive
Daniel E. Swanstrom

made over the last six months. We now have 61 of the original 78 non-core hotels that we identified earlier this year, sold or under contract, and the remaining 17 non-core hotels are in various stages of the sales process. We'll continue to keep you posted on any additional activity. The compelling and favorable valuations achieved on our asset sales to date continue to demonstrate to us the significant disconnect between public and private market valuations for our real estate. We have and will continue to unlock value from these non-core hotel sales. And as Keith mentioned, we are evaluating the composition of our existing portfolio for incremental disposition opportunities to create additional shareholder value.

With that, we'll open the line for your questions, operator?