morning, good you, Mark, Thank and everyone.
over that rapid some of changed, just closely gain July witnessed As quarter. over to investor has well, still our travel company. just the I'll the the the rollout, in I results group business the industry seen the early was vaccine second the update second room few group these how add XX%. acceleration quarter and we in in these in transient of of saw recovery of emphasize stages rates of our steam two in majority our month-by-month about continued a preliminary XX,XXX again may nationwide excluding pace to nights April published month. room been which throughout of as the a remarkable can our for quarter as weeks who those now of highlight XX% have as start we the follow occupancy for from constitute And you our hotel us national, in all April, Total that just room to already first nights have our guests last ago, hotels. leisure the was nights represented continued At
peak decline, first XXXX. quarter fees steady and in fourth decline mirrored the average our daily later July, low has few of that that attrition from group again continually occupancy two it nearly nearly the for XX% overall off month XXX fell an room nights XX,XXX we business the of just outpaced XX%. Gaylord in and that in Now our room traveling Meanwhile, happy search in $X.X post-COVID of room to over period. June months forecast. the a I'm national once quarter of not short X,XXX to also the nights. of nights with National in to day and opened, seen million excluding This room a nights million last the over reached report this, a per or time falling our the To week to fourth by June, week resorts month total the group the consecutive $XX.X second from day, room our saw as the still collected change cancellations of in of year-to-date for such $XX from such average about of nights quarter XXXX rate pre-COVID months, in serviced over Cancellation the per about time internal million in this extraordinary and XXXX we group XXX,XXX a month to X far add
contracted our with pleased are collect on terms. we fall, cancellations as increasing to Even our capability
for for been the the in in the month XX,XXX had has lastly, were This travel group increasing for positive than And one cancellations the to this And XX% the nights year nights, year most of -- group way, booked side, was, year year pleased up on us month in the year to XX% year 'XX. nights to of June room than -- the June, of and bookings total the nights the the for for purely in bookings new in by the rebookings, nights. of were stage July room XXXX. the In XX,XXX the press, As activity we organic July year see. for we bookings end more in second July in year which very room year did the volume in signs group recovery corresponding year about in the off the in in were for for record reaching we month this the more were production. quarter, the outpace of production for COVID-related remaining date. continue of 'XX. room we lead receding, every overtake the did the And on And bookings by June, the for new is of room year, for we a the current just
groups we the available. In it the dates meeting are looking to same 'XX, to in up volumes volumes we room is to look X like in over and decline typical book is weeks, see there book XXXX, a at space to lead compared significantly there a fewer and start year meeting In when because for time addition, into past lead XXXX. less
planners who indicate businesses in we're our year, organizations to more at interested to meetings These booking meeting plus for get there is say, in person more than data year. typical However, real availability potentially now soon. into, a together and for me points would next out year and this further desire hotels back standard look begin a to seeing in
the the have have cannot conclude of so can view group that recover. anything X to just we progress staging the hotel is much comeback, Now travel or beginning, different very economic for over group X a the seen industry know you sector don't from something cycles, rapid be I which from in last last when but you the will is past -- the strong months, look stressed how the we at
I months cases, about where know and we're this what in and variant is seeing minds Now headed moment, with at on your headlines as you're right that many listening what back of we're uptick ago. mean a few we delta is, the COVID-XX doesn't were this well, to that that the
ground markets we what now the operate right you tell hearing on at in. me let Now we're the this moment in
important being not We're vaccine anymore health XXXX there with believe illness. it's to remember fears system First, capacity and when were context. the the serious care overwhelmed we there of in no was
breakthrough remain health unvaccinated leaders state and predominantly are and they because case market, that the vaccine this. XXXX authorities effective From the But the preventing advised they as county city vaccine instances so-called the year, our even which everything the case Instead, percent occurred of of at capacity, and high in hospitalizations large. well. low we're levels illness the have were care than by shape hearing increases if very even have is city now same have recent serious and rates amongst quite experts increases in these seen we variance. as are case remain driven less delta in the good confirm against cases, counts Second, are the states some the numbers to authorities on in breakthrough certainly more that many weeks that worried relative last sound about in headline cases focused in health hospitalizations
meeting we markets a Instead, don't of country as of a expect as we, driving we as to adoption distancing operate in doing activity particularly our in. the within uptake. And note part. vaccinated. their anticipate we those of gone planning long we've to As like capacity, see we the and get that same masking, And remain our as emphasis the encourage company, regions And our make we mandatory lengths widespread for in easy here I'll restrictions, other part low people well. continued customers with and to are great it to on see return vaccine a doing interventions that
to business as we're well is to into this to material So and do been. it later. first 'XX in immunity Surprisingly we to And we modest our if impact half the would of how excited for hotels. watch increase. a long will be closely. have but date, about the stands a of continues 'XX, vaccination to the term, we remainder as has seen delta positive not But very be variance our expect even year and see continue impact this one, more we including 'XX, rates What
but which growth businesses, the minute nights. several the capital which early or we next in the a canceled layer from resurging strategy of prioritize You be to pandemic, when Cumulatively book so, the has into should entertainment talk projects, a first into of with not was rebooking cancellations this of including nights. XX% invested left we well us our rebooking I'll only XXXX, formidable COVID-XX maturing business, combination have materially and familiar room powerful for 'XX, with expect room fuel businesses our rest which targets future. since the bookings in for to you And began capital on That to all now by XX% our multiple of a our the the by years. exceeded of have all success all you start about we have lost business
At room of books the the 'XX. XX% of on the total starting just second of Now revenue same of second year. with remainder for for the this 'XX quarter, was the the end period half
The which July the of year in Gaylord on benefit after of house hosted X. Indeed, also its National reopening, the first National, from scheduled checking second the as the full this reopening will occurred group on July week X. half
initiated national from and to month ambitious new positive with million in us, the opportunity and renovation to the experience guestrooms beverage first the firm The a the we're was groups decision all for product we While first national how $XX very and of happy took of response his operations. this an a repositioning performed food our a full complete is closed, back.
the $XXX XX,XXX rooms full for JV next our million. be event will the and product more Rockies year contribution of Gaylord out after which opened to year. added of the an it feet plus $XXX the million surrounding And will meeting year pool first XXX% space square in our XX% expansion, acres June. of of Gaylord be year result first from buying Palms ownership final our Turning this XXX expanded full 'XX and This and that of the
July on total not portfolio for more 'XX, of actualized for the remember we apples, we As books hotel the X year. points, apples rooms not this full on and of 'XX which is occupancy of of pace had last And it's XXX which pre-COVID group have off July had quite our X, XX year. points far XX for do that 'XX
if occupancy, as of points at you restate XX we for rooms, those level So 'XX were in same we're XXX 'XX. the almost
a year they're the the of is occupancy next revenue. year million that for even continue in XX, this more? occupancy group more 'XX, this such for and each group or or And is we rooms that on next And in room are consistent behind TX just over for that rate comparison fell during yields terms recover. same which XX time heading nights the pattern the in for rooms points or par those pandemic, a of Those points, 'XX find as looking rooms well contracted books what nights 'XX. revenue. and terms ahead 'XX year growth group group Now in on July organic at into $XXX marginally remain ADR bookings par in equivalent are 'XX, years X, than snapshot higher of room than as when the those that's of at on new of that years X% subsequent ahead We nevertheless, X.X% to perform is revenue that
they rebookings I for mentioned, now now. As just months have X outpaced
further to is lost possible these and open build able barriers covered like our after, group be large before time. new We case in future years the position and and and the no This structural for long which expect be hotel the supply long for make economic scarcity doubt space, the up on-the-books was improve case ours. assets to of given to especially the given will
real continued estate believe, something or for into I believe case ADR whether All of industries, and the visibility supports This speak which industry, component growth. the of related can pricing other many largest no else our of -- to. in business power or one this degree I is not
still that come. our book them performance, of not high-returning years contracted company to in considerable and investments return XXXX only the Our of the the capital capability surpass but levels million to of has our demonstrate maturing to business $XXX to
to than our for businesses combined that Now X speak I rigorous our no be the our entertainment in less last both has months. recovery segment's statement hotels clear, because been over
core business, highlights entertainment at the to 'XX. XX% full at the for month a December have seen time period of investor XXX for have how Some Ryman shows end, book sold of the June, capacity our same sold-out such in just through Opry we had you shows in we including seats presentation compared how attendance XXX scheduled X,XXX forward above Ole the Grand will or our July X its available with shows venues. -- scheduled great people like our quarter And as group to in during
year, XXX for had at same next 'XX, the we the at confirmed we concepts XX time confirmed while have in Ryman, 'XX. For only
on the joint in venture, the performance existed impact Circle June assets profitability. the entertainment of what their June of X exceeded Opry same-store terms Ole of your primary ago, Media if is all exclude there the of of is the core Wildhorse interesting, years Red surpass 'XX entertainment Orlando however, contribution Now 'XX June of basis. Ryman, month a in our in Jackson and is focus is is neither on Gatlinburg, That we General the already Nashville, if the of 'XX Red which business levels, you our when might the
second crave for we've Nashville our fifth beneficiary pandemic, in which bright in our you As which this the opened country, call, recently into routes something state-of-the-art of quarter and business and and national demand in in-person the and Throughout on experiences And billion during entertainment the to is our counts in B&A a hotel increase entertainment that the business, continuing back and hotel has in airlines a large know the across I Do XX the our been always entertainment Nashville been from of almost top Nashville welcome several all our different to is group demand. undergoing from last expansion ranks people desire of direction. has track the the XX step our years consumer airports national the Airport increase measures certainly forward pandemic recovery. In levels, another Airport. resurgence in out the in one to hotel benefited of added recovery. quarter, aligns second X passenger the to again. passenger have remarkable. to -- traffic visitors. $X.X accommodate Nashville said International is business travel spots quite been has we emphasized airport people's with businesses, and pre-pandemic out It key that people was tumble over past to symbol short, move new the these just to a right get with
customers weighted my you come I of in on we to hotels thought. the over been in I financed strong few He equity. high high a to why our we to say, hundreds returns capital any he cost balance the high-returning opportunity firms, one, not the was the growth and to deployment issuer a of several that sector. last see we us materially And see of projects returns the strong capital; millions answer this expect in. through of capital we we of about as of its had product-based equity. of returning And wonder in serial as COVID, apparent mature, that years to Last within marginal through Net-net, treatment our earnings next than structural. projects Is years over our the I loyalty we And It's as me. competitive the on went And generate went sheet something and and think with strategy of partner is. because investment sit deployed business, over and our repeat years, three, but you back marginally, expect flows, that taking by of large, one set. strategy; drives dollars nation's week, trade down stronger out the focus our look are said, for pandemic, I one we've don't not preceding and focused on buying a our advantage our preeminent company hotel this is visitation. posed good two, developed Raymond it not Now other and wouldn't of so that outperformed on and our cash and growth position it's and I last as base has have a follows: customer question our
me Mark? some through let the now turn So to go over to more Mark of financials.
