Leslie D. Hale
rebranded in Hilton a independent successfully and an at acquiring attractive accelerating both Good that Nikhil. Mills throughout capturing this Pierside high markets, Charleston, Curio launching fundamentals of everyone operating market. Thanks, House transformative an demand, Dunes of year joining including strong iconic the you resiliency all backdrop, the growth recovery which hotel, demonstrating the positive quality Santa Mandalay last successfully which performance Monica, across The Urban significant segments in the lodging with Zachari improvement X Collection strengthened joined our hotel we priorities, was in were key We of the and including and us today. Against driven on for of Nashville, morning, pleased as thank our industry. conversions, by all Beach executed the in
and restrictions all XXXX execution positioned from our and through XXXX underscores balance has beyond addressing our disciplined leverage ability returning an maturities us optionality, shareholders and to and incremental Further in sheet the increased successful COVID balance our realize by sheet The our catalyst dividend and EBITDA capital growth to strengthening strong exiting to provides. repurchases. our embedded our share
fourth our operating our sustained urban booking we performance. saw to of Turning and In business portfolio, group the travel to power addition continued quarter, growth across in pricing activity. recovery markets in strong outsized
During the levels quarter, XXX%. our ADR driven hotels that RevPAR XXXX XX% achieved achieved of by
continuation increased as the led of markets, benefited and attendance by the leisure performance citywide demand Our urban of well which demand, trends, international was improving as travel. from corporate recovery early
California, outperformed Austin ADR, Southern position markets. hotels which relative XXXX to portfolio, Boston urban outperformance as urban reflecting hotels was a broad and of further improvement. trends our our exceeding markets by achieving improving driven such Our RevPAR, XXXX RevPAR, sequential XX% This with XXX%, achieved in overall based and validating our Atlanta, strong
demand accounts services, improvement and driver entertainment, an main while saw pandemic. of the This throughout the points corporate the we fourth the over to increase continued as quarter. first In of XXX year larger be of revenues, segmentation, our consumer represented travel corporate goods, and quarter. energy, the the SME last in prior an X.Xx achieved carried into XXXX travel of the core the highest basis demand, industries BT for XX% saw aerospace that quarter quarter, from terms throughout from which increased momentum since such of
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respect our external X catalysts to Now this With relaunch and multiple turning to growth the and drive seeing to pleased with we internal projects, of significant throughout internal allocation, capital are cycle. have are EBITDA growth our conversions created channels momentum.
renovation full repositioning and driving transformative our advantage with Charleston hotel's the the premiums results great repositioning to taking is significant comprehensive coast. its its hotel House Specifically, entire in beachfront completing district the Zachari start and off exceeding early including Dunes is expectations.
The historic pool rooftop ADR and Hilton's bar. all and of food of California location after hotel's and the on the outlets resortwide a affiliation attractive is Mills and The are the of beverage a transformation Collection of Curio re-imagination
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which exceed meaningfully initiatives. We ramp to of EBITDA. confident expect to in our continue these conviction supports we properties our initial This XXXX our to our value significantly remain as in ongoing levels year ability they creation exceed underwriting, and
Looking the our balance to across allowing In additional of publicly which announce as the largest execution is successful channels traded growth, forward, optionality among peers, Wyndham Medical strongest recent such multiple build as medical of is ideally from conversions repositioning. being world. X the additional we of repositioned complexes the will of we conversions, to This Houston sheets continue X XXXX, brand to DoubleTree and including have Center, tremendous which pursue in X with is upon by the located Hilton a are excited property brand. us
the ADR property already achieved its this Given lift, has following initial soft launch.
growth, that New Marriott significant continuing The in its a after this from to confident hotel's year.
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sheet being is are That by buyers where transactions constrained highly and environment. given backdrop, Given we the significant the a current uncertain current advantage. cash all lending strong capacity our said, balance remain limited disciplined, preferred,
generates basis. all from each a over This acceleration portfolio, with business which while our XXXX growth and we macroeconomic travel, segments, demand we of Now differ. growing group the general, benefit EBITDA markets booking leisure will looking healthy expect believe continued outperform will that industry remain ahead while acknowledge of the the relative to respect to to XXXX, in segment X/Xs urban we urban outlook, markets.
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We normalize. above leisure remain to seasonality continuing with to expect XXXX demand levels
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pace XXXX. to strongest booking during will to the in of $XX remain group group markets. inbound XX% we the related levels.
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February travel, of in business see continued
increase year performance over ahead the Given believe the these EBITDA we achieve of hotel trends, should industry. our RevPAR XXXX and throughout
is supported profile our footprint catalyst. unique by and confidence growth our favorable Our growth in our
we at run in growth. which EBITDA As the from will look have our come concentration urban room our for outsized markets, overall growth additional cycle,
growth our our including that ramping pacing margin high completion our X X of our pipeline many our have locations, high expansion portfolio, week future opportunities. underwriting, Our completed of incremental of recently day which ramp conversions properties quality from announced newly of catalysts, quality a our from and lifestyle ahead demand the of embedded and and acquisitions X benefiting X are projects initiatives
shareholder past multiple several successfully periods maximize of over our to be current lodging of years work during value.
I balance uncertainty.
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