is be the today Regency same-property everyone. commenced hotels, excludes Hyatt operations Marcel information XX Thank you, a which about basis on and we for portfolio which I'll The good Portland, afternoon, on reported May speaking XX.
daily For $XXX.XX the average quarter, in an of occupancy RevPAR rate our $XXX.XX. XX.X% was of at same-property portfolio resulting
$X.XX it As note, of was a RevPAR in second of and quarter XXXX quarter in second was $XXX.XX. the the XXXX
well improvement during our month-over-month encouraged continue as in quarter performance our and the testament our to individual to July, We assets. continued of as the performance a portfolio strong the mix by sequential be
operating. and As were of all our and May hotels resorts XX, of open
the Oregon Center. with pleased acceptance and of Hyatt the Regency at been have market the We Portland ramp-up Convention
hotel As months leisure the Portland has to been we capture. able over in significant the there anticipated, summer is demand that
to sequential April's to of portfolio California, demand strong of strength leisure $XXX.X, significant results, June spring four to corporate very of throughout segment ADR led the weekend. we quarter, drive-to ADR throughout in leisure the when have an driven performance to growth XX.X% demand growth group March occupancy modest and expectations, the healthy on was markets. at $XXX.XX. seen occupancy $XXX.XX, The layering many a specifically at For strength ADR trend build leisure increased filled continued XX.X% demand XX.X% with exceeded over results continuing increased with a of occupancy Day an and continue leisure in particularly be our with as break the Memorial demand our strong in in of And by decline vacation a to and leisure result due strong our which to hotels. June to reopenings
hotels West; exceeded occupancy achieved Savannah of XX%. leisure-focused hotels that continuing greater reflect a included number the for These five in – South drive-to Charleston markets. to quarter XX have Key We or our and including Birmingham; Carolina; XX%
exceeding doubt, Without properties an continues XX the hotel second managing XX environment a food, cost have quarter continually profit, expenses In of teams in challenging. of evolving prior results supplies to be of and environment our in Overall, job operating including current of XX in the numerous EBITDA our with the management hotels quarter up properties with cost hotels XXXX. the the to at the terms for done quarter from positive labor. a headwinds seven of excellent compared achieved operating
to labor. continuing challenges sourcing are hotels Our in experience
innovative has implement retain to modest teams However, seeing order interest ended, to In markets continue the in and where supplemental programs we our of hotels' our needs guests. attract satisfy increases labor in to management are applications. and unemployment
XX%. declined led marketing and by and general and For by to in and quarter, severe revenues declined expenses nature, fixed payroll benefit Total be sales slightly undistributed by XXXX, expenses largely the departmental to in decline exceeding administrative XX.X% while in second expenses the XX.X% XX.X%, often declines compared considered declined employee expenses.
hotels line in to well hotels top individual EBITDA exceeding performance line with than the EBITDA XX% two for margin XX% in performed only that the on hotels some Our This bottom greater the XX quarter. the remarkable first achieving achieved compares margin quarter.
As have we can hotels to summer earlier stay at achieve months, windows window guests in significant booking our many expected, of of order lengthened over to booking assure has lengthening the increases. the of they This choice leisure are the property. booking as enabled rate
in restaurants public leisure continue typical to our meetings continue patterns. profile, other beyond in housekeeping to and property our and continually with provide on and increases guests see property Anecdotally, services their guests, Guests needs, services vary based significant planning to conduct open visits on in business while continue guest vacation. response Services hotels we to video stays using specific demand. lobbies Our to spaces, locations on extend offered and space. modified conference demand business
new see brand and from support We our to and unique results this companies management segment. continue to marketing
side, continue see corporate On transient the volume. we in improvement to
to in improvement by teams this each from the from are XX%, over accounts, grew in increasing and hotels from with group sports to transient business each corporate largest by including for And quarter, MLS QX QX. QX. production with occupancies to for future we accounts segment NBA sequential the be improved. the larger increase far group of improvement from XXXX XX see to notably and year. up month business. month. came lead to Group XX%, Smaller over dates from volume inquiries business be June, NHL, each from continue as particularly improving tour-related We large volume association second all significantly from more QX half segment, quarter pleased for with March during grew and Tuesday to for continue sequential The XX% seeing XXX%, corporate national QX the the with Wednesday leads business growth net XXXX, notable volume is Corporate lead whose increased meetings and Professional by nearly in have our again, each to QX largest XX%. month. volume over in
revenue down the is second versus rates group XXXX X%. with pace For of just half XXXX approximately down XX%,
continues at XXXX, with now with And XXXX, development of ahead venue our revenue and second Ritz-Carlton to was includes rate we a just on XXXX XXXX the of is Regency the I of would restaurant is at and Hyatt for projects approximately we capital the end The beginning. which year. quarter about In to group Looking capital the In our continue spending increase to At renovation the $X.X to up $XX pace new for down the pace June Scottsdale XX%, Regency of well City XXXX lobby at revenue Court, review like position estimate steadily. X%. underway. social for end compared outdoor to million which turn approximately group This a spent Pentagon million. progress June expenditures. a
renovate to and reposition XXXX. expect Waldorf Atlanta Astoria early quarter We in and QX, completion first Buckhead with the the of lobby in beginning at restaurant
a made we the the forward this in guest move and guest rooms of have recently the addition, renovation quarters to during period. significant In hotel, decision time same with
not providing significantly to the the of ability corporate that to position until originally group a continue attract renovation travel. planned we to high-end comprehensive hotel market believe will enhance leisure market one-time hotel's and the and Although, XXXX,
our within portfolio. for mentioned previously, have substantial growth we continue review internal existing to opportunities As we
the and commence to announce, pleased will intend we will upgrades XX-plus design, hotel At to modifications that the pool of restaurants significant both Orlando, Bohemian Canary consist are Orlando making significant rooftop and will a to expect lighter renovations and we enhance in that XXXX, and more hotels and The to leader. the Grand to that, Atish. hotels be design bars, Each looking a QX lobbies year Bohemian of At Hotel and property's Canary, of comprehensive be the respectively. to enhancements business offerings these their renovations, premium guestrooms, engage over space, ensure we beverage of Grand areas. markets. to position With the I field. traditional design has positioning, will at hotels respective And attract of QX at existing and to these resulting the Hotel contemporary been food more Mediterranean top continues in enable enhancements turn call We the and in XXXX we their and market contemporary work old to of features. will meeting with
