Thank our year you, performance demand revenue of geographically we solid by Comparable diverse prior portfolio. the our and the the X% across strong strategic In initiatives. impact Deric. management fourth increased quarter, delivered period, reflecting RevPAR over hotel
and strategies. over year with December from demonstrating that in the swing. our AHT, the driven were portfolio increase which EBITDA GRO in and particularly demand of and month improving, see in dynamics effectiveness of a large performance are in Group initiatives accelerating we benefits several resilience This the out was transient strong hotel many AHT execution to broad-based, November. full a starting by rolled are the of our successful XX% was were GRO our part of prior corporate period,
quarter. now portfolio. for I remained Booking revenue of our go the fourth by X% increased to activity the across with group detail the completed Group throughout over the quarter prior on more would strong, into to some continuing period. accelerate achievements year room like pace
group performance this properties healthy Washington, a Our D.C. period. delivered
period. compared fourth to increase City a revenue prior the group year XX% Crystal quarter, the Embassy in During Suites produced room
With both team challenges, aggressive an implemented strategy our presidential election drive and the to cycle results. opportunities presenting
revenue organizations period. prior We currently focused room broader pace marketing group X% remains portfolio year particularly on strong, election, over teams. supporting ahead targeted the to by for security pacing the and political the campaign XXXX
an group quarter Additionally, quarter additional been added during fourth approximately $XX XXXX, X% robust. for prior revenue quarter room representing first booking the to the the have quarter year in volumes of We first XXXX. million of over for of increase the compared
relative margins total results to delivered performance, Turning profit basis fourth gross increase hotel revenue pleased gross to growth. Renaissance approximately fourth XX% Nashville a operating of points gross operating quarter XXX am quarter on with X% the strong prior operating expanded quarter. I our by as year
City a initiatives operating and near positioned revenue Ideally other initiatives its Center, These Downtown valuable at this recent benefited performance. stream ancillary operational enhancing expenses. from Music aimed property cutting included adding
which Additionally, food strategically the supply our year, chain year. over the cost savings resulted utilize for in the in team system $XXX,XXX throughout a full procurement
our expansion, These across efforts underscore sustainable operational our to drive efficiency ability portfolio. ongoing profitability reinforcing our and commitment margin to
budget XX%. of that achieving has like Thanks the One management quarter hotel successfully of by quarter Fort is and opened proactive Worth ahead partnerships, our growth to I capitalized this Downtown, total marketing revenue activations, strategic highlight during would third of initial incredible a Le which team to combination Meridien XXXX. amenities, early the hotel's asset our on
on engagement Sister We with the our the of Fort improve the to Fort A International, key Cities and was grand Downtown focus hotel's Fort and Worth success ribbon-cutting opening community awareness strong events. before opening. Worth Worth prior Chamber this Inc. driver even early to partnered
Additionally, a for the introduced the exclusive packages tours on travel sales hotel manager Bonvoy accounts. brought business in establish with demand. prospective and dedicated travelers, generating customers early and excitement to community engage room partners, To conducted we business attract and and area Downtown companies corporate hardhat
destination, group music position and and blocks aggressive the and and including group presence competitive our with area. restaurant establish upscale bookings the bookings our a social stunning dining the lobby hours other through live hotel rooftop early at and launched food the to dynamic a market secured Simultaneously, happy overfill lounge. Further, beverage vibrant as team additional collaborations for with in properties strategic an rate activations, helped
about this for property group By right venue has positioning excited long-term and upscale events out its and itself conferences, I'm gate, as premier an the potential. a of delivered performance exceptionally boutique strong
now including this our Autograph As located on Street in marked Marriott's followed space. of this La exterior, the into rooms, a repositioning Old to Collection. quarter lobby, La bathrooms, Duval transformation Plaza strategic part pool and the of upgrades investment, corridors, meeting million Florida Ideally Key Concha Autograph completion in Town Stephen West, Concha, West mentioned, hotel successful Crowne Key bar, restaurant, guest $XX of
to West. the enhancement was Le premium of equally I'm of key of in investment. exterior and excited lobby work, conversion a Orleans million a our into extensive This bar. a underutilized As rooms New a guest renovation attribute the downtown following some in bathrooms, included suites, previously about rooftop offering Hotel spa best portfolio refresh and conversion views upgraded Pavillon property $XX a hotel restaurant a Key reimagined
the XXXX the purchase. our exemplify year and embedded the history bar Napoleon city, the signed value our new rich in The after hotel of the to both pays homage Louisiana conversions ability Emperor named portfolio. unlock These to
and distribution La expect Looking value. performance platforms, ahead, we from and Marriott's Pavillon benefit and long-term enhancing Concha Le sales, significantly loyalty
EBITDA, profitability beverage, focusing parking standards. and service As drive hotel expenses fourth initiatives, enhance the to of while food strategic part on maintaining to during GRO labor our measures we AHT quarter implemented and
of We improve adjustments all to revenues fee optimize margins. provide revenue and shops additional and preservation audits conducted gift the outlets and will streams. of fee Parking store offerings
We Remington We reduce launched hotel day use also with to expenses. partnered hospitality amenities. the program, allocated monetizing
will initiatives On service. efficiency leverage front, staffing model. improve guest models, these operating a more Together, optimize GRO profitable preserving create technology help we to refined and while AHT sustainable the and schedules labor us
EBITDA we As opportunities we maximize further identifying move will drive into XXXX, to continue and value. hotel
for during the public Embassy XXXX. renovation capital completion extensive fourth on Dallas at expenditures. guest of Palm, quarter Suites first which Suites Embassy the the In is began and we quarter of space the completed track to West at Turning room XXXX, and renovation guestroom
are and well during second Residence at Inn Bloomington renovations with Additionally, XXXX. of completion Evansville expected Courtyard progressing the quarter
expenditures. the franchise $XXX.X In will renewals we invested capital to we approximately experience. exit year, support enhancing For brand several full million PIPs XXXX, while agreement in guest
will public capitalize Princeton. in These Westin initiatives modernize and and restaurant Evansville on plan downtown space Later and Hampton commitment excellence guest Austin, at on meeting space superior we experiences. and property location. delivering renovations to the to its year, underscore At and Inn Hilton asset a renovation prime Garden the our embark
and XXXX expect elevate in In portfolio. spend to million our to million as we $XXX enhance we total, and between continue $XX
solid Demand In continues initiatives revenue summary, strong markets, ancillary performing business key our group and to well. growth. remained show across are
are Looking ahead, AHT we operational aimed performance. actively rolling initiatives additional out at GRO enhancing
That We expenses, cost efficiency, call improve travel are utilization to the and portfolio's remarks, unlock designed drive also value. energy for additional lower about reducing ability labor for confident up cutting prepared focused will now costs, and to optimizing and open and we in We profitability. our outlook remain concludes XXXX optimistic our contract on our all Q&A.