At the observatory, revenue per capita continued to increase in the third quarter in the face of reduced budget traveler visitation. More than half of our visitation is domestic.

Oct 30, 2025 / receipt, needs a key / Tony Malkin, CEO | earnings call 2025-10-30 | transcript f06f0a41-7d89-4949-adfb-5a8f407bc2eb | chars 3958-4136 | segment 3

The low end of our guidance range reflects the potential for a slower-than-expected observatory ramp-up due to uncontrollable factors that could impact travel and tourism and potentially unfavorable timing in terms of leasing assumptions and lease commencements.

Apr 27, 2023 / receipt, needs a key / Tom Brady, CFO | earnings call 2023-04-27 | transcript 36c18b12-52fa-4e6b-8eb2-986dfd766703 | chars 26199-26461 | segment 26

The low end of our guidance range reflects the potential for a slower than expected observatory ramp up due to uncontrollable factors that could impact travel and tourism and conservatism around property revenues, particularly in terms of leasing assumptions and timing of lease commencement.

Feb 16, 2023 / receipt, needs a key / Tony Malkin, CEO | earnings call 2023-02-16 | transcript 204fef7a-45af-45ba-9893-e9e66ca6351f | chars 22913-23205 | segment 22

So I guess, and I know, Steve, you probably expect this, that I will differ with the concept of stalled out. We know our sources of traffic. Some of our international sources are virtually near 100%. Some are not. One of the things that hit in the third quarter is a reduction in the seasonality of our domestic travel and an increase in our international. And that's what smooths it out. To be quite honest, we're a little perplexed how countries which are adjacent to each other have very different return to U.S. visits rates We do hear a lot more foreign languages and accents at the observatory. So our real initial thought is that people are so scarred from the horror stories of airports, travels, and lost luggage and experiences that they just said, we're just not going to go anywhere until things calm down. So we'll see.

Oct 27, 2022 / receipt, needs a key / Tony, other | earnings call 2022-10-27 | transcript 77c0d043-dd26-4ac8-82b8-1c5e80fab646 | chars 37629-38461 | segment 38

The low end of our guidance range reflects the potential for a slower than expected observatory ramp-up due to uncontrollable factors such as another COVID variant, war in Ukraine, and any other shutdown of borders that adversely impacts travel.

Jul 28, 2022 / receipt, needs a key / Christina, CFO | earnings call 2022-07-28 | transcript ef133a0e-a8fa-45ed-a4e6-ca7dfbfa6836 | chars 21644-21889 | segment 21

As the August travel season declines, Over there, we expect to see more people able to travel in September who are our typical visitor who come in off-season.

Jul 28, 2022 / receipt, needs a key / Tony, other | earnings call 2022-07-28 | transcript ef133a0e-a8fa-45ed-a4e6-ca7dfbfa6836 | chars 27281-27439 | segment 27

The low end of our guidance range reflects the potential for a slower than expected observatory ramp-up due to uncontrollable factors such as another COVID variant, the war in Ukraine, or any other shutdown of borders that adversely impacts travel.

Apr 28, 2022 / receipt, needs a key / Christina, CFO | earnings call 2022-04-28 | transcript 29c464ab-2ad3-4496-96eb-aece11d5808f | chars 20121-20369 | segment 19

Early indications from our tour and travel partners who serve this market indicate an uptick in sales post this announcement.

Oct 28, 2021 / receipt, needs a key / Tony Malkin, CEO | earnings call 2021-10-28 | transcript de8c1945-a010-49fb-8e1a-026972a72600 | chars 8336-8461 | segment 8

Second point, with more international inbound tourists, we should see lower revenue caps, growth from our lower margin passes and online travel agent tourist visitors.

Oct 28, 2021 / receipt, needs a key / Tony Malkin, CEO | earnings call 2021-10-28 | transcript de8c1945-a010-49fb-8e1a-026972a72600 | chars 10729-10896 | segment 11

WE HAVE SAID IN PRECEDING QUARTERS THAT WE EXPECT A HIGHER LOCAL VISITOR MIX FOLLOWED BY A RAMP UP OF REGIONALLY THEN NATIONALLY SOURCED TRAVEL AND THEN FOLLOWED BY A RESTORATION OF OUR TYPICAL VISITOR MIX THAT IS APPROXIMATELY TWO-THIRDS INTERNATIONAL THAT WILL NOT BE ACHIEVED UNTIL A BROAD RESUMPTION OF INTERNATIONAL AIR TRAVEL THAT WE ANTICIPATE WILL OCCUR SOMETIME IN 2022.

Apr 29, 2021 / receipt, needs a key / Tony Malkin, CEO | earnings call 2021-04-29 | transcript 7064a3c9-7fec-4fcd-84c1-66c76d48fe80 | chars 7226-7605 | segment 6

With roughly two thirds of our typical visitor traffic from overseas, potential attendance is limited by travel restrictions for interstate and international tourist travel.

Feb 18, 2021 / receipt, needs a key / Tony Malkin, CEO | earnings call 2021-02-18 | transcript b043c161-5ee7-4eff-aa27-04fed2b228bf | chars 8909-9082 | segment 8

Again, Q122, I think those are positive, certainly from an internal United States travel perspective. And we'll begin to see glimpses from international, so I would say cross the water.

Feb 18, 2021 / receipt, needs a key / Tony, CEO | earnings call 2021-02-18 | transcript b043c161-5ee7-4eff-aa27-04fed2b228bf | chars 36061-36246 | segment 37

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