with Thanks, grew offset our X% year-over-year VPG and the John.
Today, quarter to and Maui. excluding the increase sales I'm results, tourist of on declined for sheet second a X% rest going Ownership our year-over-year, being segment. with the and X% sales by position Starting outlook our Contract review in year. Vacation a in liquidity balance basis our quarter
that continue, call, happen. we last needed the improvements March April our saw not delinquencies during in mentioned we I did As to in and which
booked cost impact ownership quarter, need so $XX EBITDA balance to XXXX While we above vacation reserve the increase a rules, the million.
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product As fee for we and lower believe maintenance higher lower and in XXXX improve John Development mentioned, increase year-over-year, portfolio the sales lower increased will due performance our to normalized primarily marketing offset excluding declined costs, more inflation by a VPGs and future. margin cost. the partially reserve,
rental increase would of $X and costs in driven million and year-over-year, been marketing the development segment increased incremental our to our quarter. our Ownership revenue allocated higher expense. in Vacation million the reserve, have Excluding sales in XX% Rental $XX profit sales margin by
financing management partially Finally, as by profit increased financing expected, increased while driven resort higher declined interest by X%. revenue, profit XX% expense, year-over-year, offset
As EBITDA segment Ownership in adjusted year-over-year. our a XX% declined result, Vacation
in to Moving million driven exchanges to & segment. our profit due by prior and Exchange at Third-Party compared lower the EBITDA Aston Maui. Aqua declined in year, decreased softness Management $X Interval Adjusted to
total our result, year-over-year adjusted expectations been for sales declined with have a would EBITDA increase line excluding our roughly XX% reserve. and and the in in As company EBITDA the quarter, consensus
X.Xx debt the balance million We the liquidity. to $XXX EBITDA ended Moving quarter and to with net of in adjusted sheet.
in billion enough $X reported nearly years also property support our inventory and more sheet, We sales. to inventory X of of balance equipment, including have than on future
Moving to guidance.
million. guidance grow are growth. X% million year half the of adjusted sales contract X% now $XXX range us, results to and to half behind our first updated the second to X% our year, full between $XXX forecast and lowering EBITDA for expect reflecting X% We we With to second quarter
tour to tours half second of come the at midpoint, grow X%, from expect We declining with to the XX% this lapping is Maui growth expected VPG X month. points year-over-year
Asia expected growth. drive X Pacific, second of the our of points will sales reopening center which the benefit is another from to Bali
drive pipeline packaged points X another of opening the drive to of year, the to growth Waikiki is expected Our point. the tour while of second X half another will
including impact sales growth our half X-point development Excluding additional Maui, expect the half year, the be a to the now of first around performance.
We of XX% be midpoint the year consistent our at range, guidance year-over-year we for with from margin approximately second X% revised the expect in reserve. to contract
books year. compared Our up VO strong a business on and first are had the last half X% transient the for keys rental to very half, second
As a by year. more increase profit think now for than the million could $XX rental result, we
think our and a largely Exchange In also the second in of expect profit business, be & growth unchanged. per half. to few the half year be management will member down Interval first We Third-Party we for to resort year the revenue average with Management the consistent be members points
of adjusted Aston range the in a half EBITDA roughly due $XX to of year, with from we Maui. the million that expect result, to million coming $XX in the As second Aqua to half decline
half second our driven expected in million is to savings $X G&A year-over-year to initiatives. Finally, million the $XX down cost be by
will reflecting our adjusted Moving spending. flow now $XXX adjusted year, in be estimate million is the $XXX inventory of to to free that cash million We $XX this in flow. million Included lower our range cash this guidance. guidance EBITDA updated
end as questions. plan remains to cash of that, Paul? XXXX.
With to to get the our cash as be to while of Our to debt buybacks we'll to deploy well and is back corporate through repay our your our our return by some shareholders free Xx answer dividends happy leverage goal
