Oklahoma City condominium fireplace results in challenges for boutique resort

An condominium sophisticated fire in Oklahoma Metropolis prompted troubles for the neighboring boutique resort.Smoke injury from the Canton Apartment fire previously in the month has induced The Ellison Hotel and its restaurant Milo to quickly near.Similar: Crews go on battling significant fire at Oklahoma Metropolis condominium complexJust a single 7 days until Valentine’s Day and issues had been ramping up for the hotel, till a five-alarm fire broke out next door. Two weeks in the past, the Canton Flats lit up the night sky.Next door, the newly opened luxurious resort was fully booked. Now, The Ellison Resort and its cafe Milo are set on pause right after sustaining sizeable smoke harm.”We are grateful that no a single was hurt last week and that unexpected emergency protocols were being in spot for anything like this. We responded quickly to relocate our guests, all of whom ended up extremely comprehension,” stated Matt Cowden, general supervisor. First Story: Oklahoma City crews battle fire at apartment complex Hotel officers stated that substantial smoke remediation is now underway with the hopes of reopening doorways someday this spring. Oklahoma City Hearth Department officers are however investigating what caused the large fire.

An apartment intricate hearth in Oklahoma Metropolis triggered problems for the neighboring boutique hotel.

Smoke damage from the Canton Apartment fire before in the month has prompted The Ellison Hotel and its cafe Milo to briefly near.

Connected: Crews carry on battling massive hearth at Oklahoma Town apartment complex

Just one particular week right until Valentine’s Working day and things were ramping up for the lodge, until eventually a five-alarm hearth broke out upcoming door. Two weeks in the past, the Canton Apartments lit up the night time sky.

Upcoming doorway, the recently opened luxurious resort was thoroughly booked.

Now, The Ellison Lodge and its restaurant Milo are put on pause after sustaining substantial smoke injury.

“We are grateful that no a single was hurt past week and that emergency protocols have been in place for a thing like this. We responded immediately to relocate our attendees, all of whom were

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Travel + Leisure Co. Reports Third Quarter 2021 Results and Increases Full Year 2021 Adjusted EBITDA Guidance

ORLANDO, Fla., October 27, 2021–(BUSINESS WIRE)–Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, today reported third quarter 2021 financial results for the three months ended September 30, 2021. Highlights and outlook include:

  • On October 22, 2021, renewed $1 billion revolving credit facility and exited the amendment to the credit agreement

“Our cornerstone brands continued to demonstrate their strength in the third quarter as our businesses delivered adjusted EBITDA at or above our expectations,” said Michael D. Brown, president and CEO of Travel + Leisure Co. “Robust sales volume per guest, combined with a continued focus on cost control, allowed us to deliver on the bottom line with strong margins.”

“As we said last month, the desire for leisure travel has never been stronger. Bookings at our vacation ownership resorts for the remainder of the year are ahead of 2019 levels, clearly demonstrating that people are planning to get back on vacation, which will benefit all of our businesses as we close out the year.”

(1) This press release includes adjusted EBITDA, adjusted diluted EPS, adjusted free cash flow, gross VOI sales and adjusted net income/(loss), which are metrics that are not calculated in accordance with Generally Accepted Accounting Principles in the U.S. (“GAAP”). See “Presentation of Financial Information” and the tables for the definitions and reconciliations of these non-GAAP measures to the most directly comparable GAAP measures. Forward-looking non-GAAP measures are presented in this press release only on a non-GAAP basis because not all of the information necessary for a quantitative reconciliation is available without unreasonable effort.

Business Segment Results

The results of operations during the third quarter of 2021 and 2020 include impacts related to the COVID-19 global pandemic. Refer to Table 8 for a breakout of COVID-19 related impacts.

Vacation Ownership

$ in millions

Q3 2021

Q3 2020

% change

Revenue

$660

$475

39

%

Adjusted EBITDA

$177

$93

90

%

Vacation Ownership revenue increased 39% to $660 million in the third quarter of 2021 compared to the same period in the prior year. Gross vacation ownership

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