Ari Klein

“Tony and Jen, just wondering if we could dig in a little bit on some of the commentary around the owner reinvestment here.”

“You have some flexibility on the balance sheet. noted you can take leverage to seven times, but I'm curious if you'd push up to the top end of that range with your repurchases, or are you more likely to stay kind of in the mid-six range?”

“I guess when we look at first half ref par growth, what do you think the underlying growth is versus the 8.8% year-to-date that was reported if adjusted for the World Cup and maybe some of the other unique tailwinds like calendar shifts?”

“Barrett, I think you mentioned some hesitancy amongst groups in the second quarter around World Cup markets.”

“Adir, with AI strategies being implemented, are you seeing any changes in underlying deal metrics or compositions? Are different markets more in demand? And what about deal sizes and interconnection attach rates, especially with the strong net ads this quarter?”