What really drives this trend is time.
More Quotes from John Emery:
The city of Grapevine is an excellent market for our family destination resort, ... We appreciate the city's support and we look forward to becoming a part of the greater Dallas-Fort Worth region.John Emery
With the demand that we're seeing right now in (the Williamsburg area) market, I'm very, very glad that we put this project in place. It really is probably going to be perfect timing, in terms of meeting the demand that we're seeing down there, and also offering an expanded guest amenity package.
John Emery
From time to time, we intend to monetize the value of our more mature assets, and use the proceeds to fund new development and for other corporate purposes. This strategy efficiently recycles our investment capital to our future development program and allows us to retain a substantial ownership stake and establish a more stable income stream of licensing and management fees.
John Emery
Most of our resorts do enjoy other things around that help drive the attraction to the area, and we are just now seeing at the (South) Pier things just now starting to open up, and it will help give a vibrancy to the area that will help everybody down there.
John Emery
We have never looked at exiting that asset. I want to be perfectly clear on that.
John Emery
We also have further sharpened our focus on the Blue Harbor Resort in Sheboygan, Wis. We intend to increase our emphasis on group business to build mid-week revenues, and recently hired a new general manager who has significant experience in that market segment. Although the ramp-up for this property will continue slowly, we feel optimistic about its longer-term prospects.
John Emery
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