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Skyline Investments saw same-asset revenue rise 15.4% in Q3 2025, but overall revenue fell due to hotel sales and weaker performance.
Skyline Investments Inc. reported a 15.4% rise in same-asset revenue to $24.5 million in Q3 2025, driven by improved performance at its Autograph hotel post-renovations. Total revenue from hotels fell to $24.5 million from $36.4 million due to the sale of 12 Courtyard hotels and weaker performance at some properties. Same-asset net operating income increased to $5.7 million, and adjusted EBITDA rose to $4.2 million. Funds from operations improved to a loss of $0.78 million from $6.6 million. Net debt rose slightly to $161.2 million, cash dropped to $12.6 million, and total assets fell to $361.7 million. The company owns four U.S. and Canadian properties with 1,040 rooms and 7,919 sq. ft. of commercial space.