Leisure and recreation revenue was $75.8 million, $3.7 million more than the same quarter a year earlier.
The increase was mainly the result of a strong financial performance at the Boca Raton Resort & Club in Boca Raton, FL, the company says in a prepared statement. This resort experienced growth in occupancy, average daily rate and ancillary (non-room) customer spending.
Net income was $5.1 million, or 13 cents per diluted share, compared to $3.3 million, or eight cents per diluted share in the same quarter a year earlier.
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