FFO ImpactPreferred stock redemption at year end is expected to provide a $0.03 net tailwind to FFO.
Margins And Capital AllocationEffective cost control paired with better-than-expected EBITDA and share repurchases totaling 4.8 million shares supports margin resilience and enhances shareholder value.
Revenue Per Available Room (RevPAR)Strong average daily rate performance at a key asset and a sizable increase in group bookings, aided by World Cup exposure, should support higher RevPAR.