Revenue and EBITDA Growth
The portfolio achieved 1.5% growth in comparable RevPAR and a 3.7% increase in total comparable hotel EBITDA in Q2 2025, with revenue and EBITDA growth in both urban and resort segments.
Resort Performance
Resort portfolio reported comparable RevPAR of $464, a 1.6% increase, and combined comparable hotel EBITDA of $25.7 million, a 6.9% increase over the prior year. Ritz-Carlton Lake Tahoe and Dorado Beach reported 39% and 14% growth in total revenue, respectively.
Booking and Group Revenue Pace
Group pace for 2025 is up 8.6% with continued growth of 3.6% for 2026. Notably, Four Seasons Scottsdale and Ritz-Carlton Sarasota are pacing ahead for full year 2025 by 20.3% and 26.9%, respectively.
Strategic Asset Management and Capital Expenditure
Sofitel Chicago Magnificent Mile restructured as a franchise, showing strong performance with increased revenue. Several renovations and value-enhancing projects are underway to improve property value and guest experience.