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Lodging Fund REIT III, Inc.

What Do They Do?

Owns and invests in hotel properties that provide room stays and other hotel services to guests.

How Do They Make Money?

Hotel guests pay for room stays and other hotel services. Any cash received before arrival is held as a deposit until the guest occupies the hotel.

FY2025 revenue

Who Are Their Customers?

Hotel guests buy room stays, meeting and banquet room rentals, and other hotel services.

Do Revenues Turn Into Profits?

No. It lost $24.4M in FY2025.

Net income, FY2025
−38% of revenue
▲ +13% (Loss) vs FY2024 (−$21.7M, −29%)

How Are They Changing?

Growing. Revenue grew 2.4x in 4 years, from $27.1M in FY2021 to $64.5M in FY2025, about 24% a year.

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