Corepoint lodging reports fourth quarter and full year 2019 results

Corepoint lodging reports fourth quarter and full year 2019 results.q4 adjusted ffo per share $0.17.qtrly net loss included impact of non-cash impairment charge of $141 million related to strategic review of portfolio.we believe prudent course is to withhold formal guidance for 2020 at this time due to coronavirus.corepoint lodging- have seen accelerated group cancellations and reduction in transient demand due to coronavirus.corepoint lodging- unable to forecast at this time whether there will be any impact from covid-19 on the timing of or gross proceeds from asset sales.corepoint lodging- expects to receive remaining about $9 million of settlement payments from wyndham by no later than june 2021.corepoint lodging- qtrly total revenue $170 million versus $199 million.corepoint lodging- qtrly loss per share $2.73.
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