The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Bryan Anthony Maher - B. Riley Securities, Inc., Research Division - Analyst
: Maybe a point of clarification. Deric, you said that the share count fully diluted currently is 64.9 million. Just to be clear, that's as of today, not at
the end of the second quarter, correct?
Question: Bryan Anthony Maher - B. Riley Securities, Inc., Research Division - Analyst
: Okay. And then kind of following up on that. We've got a number of calls and e-mails from investors who are curious as to why with things going
so well, you guys continue to issue equity. And maybe it's to the point Richard just made that you're seeing opportunities and that you want to
have the liquidity to do so. But can you just clarify that, that is the case.
Question: Bryan Anthony Maher - B. Riley Securities, Inc., Research Division - Analyst
: Yes. I think we've all had about as much fun as we can handle over the past year. You mentioned that some negative headlines still out there. To
that point, are you seeing any impact on the next months, few bookings relative to the Delta variant news we continue to see every day?
Question: Bryan Anthony Maher - B. Riley Securities, Inc., Research Division - Analyst
: Okay. Just 2 more for me. On the renovations for Mr. C, I think you said $10 million. Is that mainly going to go to rooms or lobby? How is that money
going to be deployed?
Question: Bryan Anthony Maher - B. Riley Securities, Inc., Research Division - Analyst
: And just last for me on the urban hotels. I think Jeremy mentioned, I think you said The Clancy and The Notary were mid-90s occupancy for July.
Did I get that right?
Question: Bryan Anthony Maher - B. Riley Securities, Inc., Research Division - Analyst
: And can you give us an idea how The Notary is doing?
Question: Bryan Anthony Maher - B. Riley Securities, Inc., Research Division - Analyst
: Okay. And just one last thing. I mean, look, the Capital Hilton, I mean, the occupancy there is just sad for lack of a better word. What's going on
there? And when might that turn around?
Question: Bryan Anthony Maher - B. Riley Securities, Inc., Research Division - Analyst
: Great. Congrats on a good quarter. It was really good, all things considered.
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