Gregory Marcus

“When we were together last quarter, we shared that our summer was off to a solid start in both of our businesses. In theaters, a more diverse film slate was bringing out audiences for a series of solid performances.”

“We entered the year with a mixed outlook across our two businesses. In hotels, we observed a continuing trend of strong group bookings, a healthy economy with steady travel demand, significant events, and strong demand drivers in our markets alongside several recently renovated properties in our portfolio.”

“Today is May 4, a very important date to Star Wars fans out there because, as they say, may the fourth be with you. We entered the year with a plan for growth and with the optimism that 2023 was expected to deliver another year of improvement in our businesses.”

“Throughout 2022, we reported on the incremental progress made in our recovery journey. And as we close out the year and step back to reflect on where we are today compared to where we were a year ago, we've come a long way.”

“Before I make a few comments on our operating businesses, I want to briefly pick up where Doug just left off.”