LYCOS RETRIEVER
Lodging
built 195 days ago
Estate Reported EBITDA and Resort, Mountain, Lodging and Real Estate Reported EBITDA excluding stock-based compensation have been presented herein as measures of the Company's financial operating performance. Reported EBITDA, Reported EBITDA excluding stock-based compensation and Net Debt (defined as long-term debt plus long-term debt due within one year less cash and cash equivalents) are not measures of financial performance or liquidity under accounting principles generally accepted in the United States of America ("GAAP"), and they might not be comparable to similarly titled measures of other companies. Reported EBITDA, Reported EBITDA excluding stock-based compensation and Net Debt do not purport to represent cash flows generated by operating, investing or financing activities or other financial statement data and should not be considered in isolation or as a substitute for measures of financial performance or liquidity prepared in accordance with GAAP. The Company believes that Reported EBITDA and Reported EBITDA excluding stock-based compensation are indicative measures of the Company's operating performance, and each similar to performance metrics generally used by investors to evaluate companies in the resort and lodging industries. The Company primarily uses Reported EBITDA excluding stock-based compensation targets in determining management bonuses.
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Lodging or [H]oliday accommodation is a type of accommodation. People who travel and stay away from home for more than a day need lodging mainly for sleeping. Other purposes are safety, shelter from cold and rain, having a place to store luggage and being able to take a shower.
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Lodging properties, from quaint inns to full service hotels in each of Oregon's seven distinct regions, will offer travel packages and special deals happening only during Oregon Bounty. Lodging offers include overnight accommodations, plus dinners, private wine and cheese tastings, Oregon Bounty breakfasts, farm tours and more. Or, travelers can simply book a room and build their own Oregon Bounty itinerary at http://www.traveloregon.com/bounty.
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According to Lodging.com, Florida finishes first in terms of fluctuation, with rates increasing 80 to 90 percent. In Orlando, a $99 September rate rockets to $189 in March. In Miami Beach, a summer rate of $49 climbs to $89 during winter. On average, rates in Washington, D.C., increase about 75 percent, while Las Vegas, San Francisco, and other cities show increases closer to 50 percent.
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Perkins joins Bank of America from JP Morgan Securities, where he has worked for the last 12 years on a broad spectrum of M&A, equity and debt capital-raising transactions for clients across the real estate, lodging and gaming industries. Prior to beginning his investment banking career, Perkins was an architect at Pei Cobb Freed & Partners in New York.
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Smith Travel Research is the recognized leader in providing accurate information and analysis to the lodging industry. Sample reports and statistical information from their expansive database covering lodging properties throughout the United States are featured on their site.
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