- Same Property Hotel EBITDA: $62.3 million, surpassing the midpoint of the outlook by $4.3 million.
- Adjusted EBITDA: $56.6 million, $4.1 million above the outlook midpoint.
- Adjusted FFO: $0.16 per share, $0.05 above the midpoint.
- Same Property Total RevPAR: Increased 2.1% year over year.
- Urban Total RevPAR: Declined 2.2%, impacted by LA fires and Hyatt Centric renovation.
- Same Property Total Revenues: Increased 1% for the quarter.
- Same Property Hotel Expenses: Rose 3.7% year over year.
- Capital…
Travel Capitalist Ventures Expands Check Size to $10 Million to Deepen Emerging Market Conviction
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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