Company Reports Q4 Revenue of $349 Million
Reports Q4 revenue $349M, consensus $349.21M. "Fourth quarter Same-Property Total Revenues grew 2.9% while expenses increased 2.6%, supporting modest margin expansion for the first time in 2025-an encouraging trend as demand continues to recover heading into 2026," said Mr. Bortz. "Leisure transient customers outperformed our expectations, with fourth quarter weekend occupancies up 3.6% for the portfolio, and rising nearly 4.0% for the urban hotels, versus the prior year. This outperformance reflects both the strength of our upscale and luxury customer base, which has remained resilient amid economic uncertainty, and the leisure customers' return to the cities."
