we're welcome, join Thank you and could Becky. Good afternoon, us. everyone pleased you,
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to guests. our that XXX hotels to relates our all This fully of temporarily hotels operations, compares it open. As not now of peak transient accepting are XX were favorably
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We More Additionally, the maintenance, as specifically, such standard occupancy, amenities our lower spending non-essential an room property with is hours significant sold. containment number goal to driven and reflects all our rate. cash better of the our to run while structure as in a the such of had match van safely monthly efforts cost reduce reduction to the which our of elimination housekeeping burn levels, drivers, to April, RevPAR and of level month revised is of guest end containment service cash during of efforts all million. last The range the was as approximately associates of as $XX reduced what cost remain essential at level reductions in to these our $X occupancy labor for in a approximately staffing at property burn our freezing noted this XX% place, serving only of hotel breakfast, in estimated the the and level in that guests million time. challenging $XX.XX, well call areas earnings by hotels
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highlighted we annual all estimated of an capital Dan as last Additionally, significantly spend scaled quarter, million back to have expenditures to $XX non-essential million. $XX
cautious lodging to months the the in pandemic. about for While global the as through recovery ongoing this remain we we industry we're uncertainty ahead the pleased with continue navigate today,
demonstrated weekdays Our travelers, in and recovery relative with by and hotels as from strong rates outperformance occupancy drive destination Arizona to on California. in have including a weekends higher those and leisure markets, benefited Florida, compared to
quarters could this are two we season, have next our which of of a business fourth first are we and quarters potential travel. As year, dependence on travel, declines. we higher currently that seasonal for part abate to the the year ahead as of historically of look which leisure enter benefiting the from operational non-peak historically We're cognizant slower quarter quarter
be adjusted As overall cost control our business conditions continue change, will initiatives to accordingly.
with quarter with been second perspective prior more had investments the today, discussed the estate existing periods experience with the first real of sales asset quarter during on we slowdown in visibility. did in including transaction In call, and dialogue process, second half loans, our of due closings forward very to financing the delays the our the SBA previous buyers buyers. team they and until as to a Turning on half waiting we with through some strategy, has active our compared
continues call, on flag. last hotels we buyers owning these a of For additional proceeds level closed XX high there of a our with $XX La in for approximately million. Since have property interest be to a total Quinta an
We are that hotels under completed million, which total year, bring in contract XXXX proceeds $XX expected anticipated sold total XX proceeds approximately if generate us to this hotels XX would gross of gross million. have a of for of $XXX to
macro While in ahead multi-year there outpaces the have in this headwinds process. the be is could months but assets the rebound but a in as to due noted we additional this uncertainty past, encouraging,
incurred and significant $XX I operations that generate GAAP believe of would delivering disposition this to continue strategy. on the focused creation the a can value note non-core given due charge volatility impairment are to the non-cash COVID-XX, We quarter. on also through we have impact during million we demonstrated the we current
meet the booking I enhanced with XXXX. tools tool settlement were Lastly, schedule deployments setting the underway Wyndham. implementation and rate best is generally would of to platform by to improvements than Wyndham under of available remains the like provide update the XXXX to under on required Wyndham legacy dynamic the no completed end completed, later our be on an settlement, deliverables the system certain of
how opportunity to a I the we to to take but faced for challenges well over several the months, not thank they corporate note, team final have As like responded the past our in only diligently great provide to difficult our that, hotels Dan? over service at guests call environment. thank to the CFO, I'll individuals those like this our to Dan also to working our Swanstrom. With turn would
