The takeaway: Moving to a three-day MLOS clearly continues to be the most effective way for us to enhance both Occupancy and rates. Moreover, the fewer restrictions a home has regarding rates, discounts, and MLOS, the more successful the home will be in terms of overall revenue.
Looking Ahead Of course, the above is just a preview. Please view the full Q1 Report. We will send you our Q2 installment in July, during which I’ ll review our early summer performance, especially regarding the impact of the MLOS reduction.
On a positive closing note, we are outperforming the market in all remaining quarters this year in RevPAR, the gold standard metric that balances Occupancy with Average Daily Rates.
Once again, thank you. We could not have achieved this level of success without you. As always, we sincerely appreciate your continued trust in 360 Blue.
Kindest regards,
Alex Curry DIRECTOR OF BUSINESS DEVELOPMENT
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