Ray. Thanks,
in properties, leads all per positive bookings since a the levels January As the strong. closed, and rates. in bookings our volume, and trends are noticeably $XXX for sizes urban improving April. Ray spend business same with January gains March continue is further XX% increase And lead in of into January increased attendance as April XX%. are indicated, from $XXX to meetings significant February $XXX improvements group and many ADR to in first portfolio, group to in led Demand X business our well, travel out it at improving. to the very Group March. increased for so is second with pullback higher happening, Business time at than the San to with increase Hotel These levels has March far. substantial Citywides which Occupancy to XX% quarter travel rates. increase bookings in has higher tours XX% is our from heading of to through increased coming in and quarter. dramatic urban XXth, and materially April with in average climbed and and daily the occupancy been in a in Francisco, site both XXXX both excluding and have of person has rapid and
drive with occupancy And these still business growth below performance. lots we levels occupancy course, to Of pent-up demand, significant recover levels. of are have XXXX operating well to higher
urban that some recover all Ray April. As slower to occupancy were it rapidly. been has indicated, of have the markets And gaining continued previous in cases, in
in of Francisco strong climbed to April through in occupancy XX%, to XX% occupancy April to in which March XX% an XX% of San to XX% so with gone For this XX%. ran XX% month. example, bring has that increased March, Washington, far has has the D.C., last week from XXth. should Seattle from a
an to indicated, resorts way. about be to we price Our occupancy the by as already the sensitivity XX% the performance starts with next two in at and extremely our an rate properties When for We're our the about over business look almost in our over and leisure average quarter Chicago April. to indicated, within first average seeing there growth the we're should accelerating supply it continues next the in Encouragingly, growth and business portfolio, reach as Ray occupancy lead travel few we're little quarter. continue optimistic in either And second of And from limited next excited in rate, years. very years three potential few as no or to months. recovery evidenced four customers. construction
Estancia Jekyll exceed EBITDA Our resorts, to Island in acquisitions their on including the Margaritaville, and pace are far XXXX.
$XX and For at XX combined of We're QX, that $XX EBITDA, XXXX $XXX XXXX resorts EBITDA current currently exceed for million XX achieved or our EBITDA to our QX reaching is a $XXX million. by million $XX.X $XX.X will forecasting which XX% million million, XXXX. over between their increase resorts total EBITDA of million
resort focused continue but and and of We catering, very resistance, rooms, charges. taking a be for of and to F&B, service just pricing not banquets administrative power and pricing parking, for lack on advantage fees
it's and per in higher revenue than XXXX. room non-room indicated, As occupied repeating, XX.X% worth was Ray QX
strong guests, and continue see will and by We expect spend we year. the continue business very to groups leisure this throughout
for NOI Resort, XX year. acquired acquisition have these an for in exceeded As all X.X% you October; Club acquisitions on X.X% know, yields are Margaritaville, investments NOI for X. any underwriting. and terrific. And XX-month owned even A Jekyll X.X% we small last Jolla, yield one which properties trailing the which we we acquired which far we made La we yet, three these until of haven't December major July; yield for late and didn't though These acquire months Island NOI Estancia late on our
the of with end changes at these the results will transformations all be of these increasingly expect have through We the returns, excited Remember, most will and invested see over performance the to improved renovations the XX before operators, these increased about But these to $XXX benefits properties many performance invested improvements these And operating improvements all rate already the are their XXXX. place. way. we've are late we're more returns physical sustainable returns improved We're years, growth already in investments. properties from XXXX. acquired by the on these of LaSalle cases, in demand properties we include do redevelopments and some increase while next implemented as and and returns our these the been have our transaction the higher higher. ROI few transformational million substantially now beginning we've Since just that in the we're in dollars XXXX, on planning from reposition including in major the XX properties,
opening and charts, music our by we reviews have the a heart Bamford skyline Wellness to and experience of reopen. adding should as been redeveloped new can Francisco, held we entire to of luxury last the views, reopen dominate recall the called hotels The in June, it before L.A., its $X of redevelopment Collection. the member And off Sunset financial In Hotel million the is offerings, Hotel in We Strip transformation, construction Unofficial in-house FF&E just the the the spectacular. final eighth recently we San a Z Just through Francisco. district the of throughout so Bridge on we're its design the and Ziggy completely and property. in San luxury music completed for plan month, waiting deliveries Bay of the its venue Vitale Francisco. San XXX-room the of music we the following speak. transformed immersion This $XX in Hotel on Ziggy, million with Spa seeks which our new Backbeat Sunset complete farm-to-table to into the into eco-focused Grafton category heyday and West X is grand property
end include million plan projects the in construction towards major $XX to design the We've into Diego third of upcoming Our the Gaslamp Hotel the redevelopment total property's District Solamar of Diego's and quarter. Gaslamp start Margaritaville San San District. completed
Given venue. the more creating and a areas, great California entire in the views typical The second-floor our lifestyle large take will This Southern Convention rooms hotel center contemporary Hilton further a certainly and a remerchandising The a the to Gaslamp the is unique fully as evolve remerchandising from ground outdoor event bungalow. this the the bar floor, entrance its and the San advantage the convention a U.S., to renovation indoor/outdoor and process sciences prime property And big also Gaslamp leisure directly In more property attracts the $XX destination is of mirror just We're District. to architecture. the location, is across We're opening of downtown. the new Diego its robust only premier San in the Not most intend we of from best-located weather to of Diego, transformation. Hollywood, a upside in the but performance sprouting of excited we're Solamar, in two October, San Gaslamp, of of travel. probably about believers this but Margaritaville commence Diego. the hotel large that's there's popular large the very life in from redevelopment of blocks outdoors, indoor/outdoor seaside segment all comprehensive million focus Center. District, level Hilton
by stabilize rate next Margaritaville few market will and of the planning lead these of of be recently Estancia acquired the We're will first redevelopments complete in Jolla. end in the properties extensive remain over open they and years. RevPAR year. redevelopments are as We middle to the Jekyll expect the of and Both Club also Resort of their during and and La our our both Island expected next transformed Hilton quarter remerchandising
scope We the of later of and phases, complete the come completed scope both final renovations do getting phase room complete projects, planning haven't second winter. We're year QX of expect at this with be yet including of also some year, we Viceroy and them these in finalized done through next reinvigoration Santa likely of this the major properties. but the to to Monica iconic the
renovation will that rooms in entire Our property's indoor start that November should and outdoor XXXX. ground the completed we the complement of in transformation floor
the We expect this following in gain share RevPAR additional phase final next year. to completion rate and of QX
pool addition we of the portfolio, smaller in converting on In second and both hard Cruz. luxurious the projects events involve Cruz in as new And Boston the there continues been Le of conference Hollywood Mondrian planning just completed former Revere to at projects, recent we've Skamania Méridien which destination. Gorge pool Columbia out are additional of numerous five two ROI and to a quarter unused $XX.X then we're and here the of million Santa acreage a Santa it which space, group conference years, master have leisure Lodge and Delfina we're adding We're also also on keys projects West of transformation the resort to the unused such these Mountains offices. amenity-rich, the adding Santa River for rooftop adding at at former major Monica to Sunset in property's restaurant throughout will the to in into glory couple storage work Resort at former rooms Chaminade And a center that the major significant more and leased return indoor/outdoor in Resort this its Boulevard. centers. Chaminade multi-year redevelopment in a on creating complete
additional will RVs, the as to With for potential property. cabins, we of first experiential treehouses the a year each and at outdoor Later expect hundred success commence five many to this as five and the million social adjacent outdoor Skamania and large a luxury additional treehouses, consumers add with alternative at looking XX-hole to in plan, we we multi-bedroom more trend already lodging venues as course. have These step believe alternatives, the incredible business recently of in increasingly six and and pavilion host master years, glamping, adding of $XX developments three of glamping villas, spaces units, will at a outdoor the treehouses, completed last added likely and that to pavilion a luxury million Skamania, investment, villa lodging $XX this include farmhouses for our events units putting couple the very and popular we amenities.
can align the you tell, sure beginning to and are and planets I'm like stars our we're Pebblebrook feeling So industry. for
our portion Donna, we'd proceed. to love now may So Q&A to of move now the call. you
