Given modest revenue growth, our asset management team and hotel managers have successfully focused on managing wages, reducing hotel reliance on contract labor, and improving employee retention.

May 1, 2025 / CFO / receipt, needs a key / Trey Conkling, CFO | earnings call 2025-05-01 | transcript af0fdfc2-5eb0-4828-ac75-604a3fb4ceec | chars 13845-14040 | segment 14

Given modest revenue growth, our asset management team and hotel managers have successfully focused on reducing hotel reliance on contract labor and improving employee retention.

Nov 5, 2024 / CFO / receipt, needs a key / Trey Conkling, CFO | earnings call 2024-11-05 | transcript 1e7fc8cd-1140-4982-9f15-480ce5f63913 | chars 11762-11940 | segment 11

We also continue to see improvement in employee retention, down nearly 500 basis points compared to a rolling 12-month average from a quarter ago. which results in improved productivity in the hotels and reduced training costs.

Nov 5, 2024 / CFO / receipt, needs a key / Trey Conkling, CFO | earnings call 2024-11-05 | transcript 1e7fc8cd-1140-4982-9f15-480ce5f63913 | chars 12277-12504 | segment 12