So let me start by asking you, uh, to just give us a general overview of what you're seeing in the hospitality industry today from a top line and a bottom-line perspective.

Top line is, is, is doing fairly well.

Uh, we, we all are aware that, uh, um, revpar is, is growing, but very, very modestly, and for the most part, that's attributable to the average rate side of the equation.

So generally speaking, gross revenues are pretty steady Eddie and doing well.

Where a lot of owners and operators are having challenges in certain assets and certain markets is bringing it down to the bottom line.

And we've all heard a lot about labor, the cost of labor, uh, in union markets, uh, uh, work rules.

The lack of labor is putting tremendous pressure on, uh, those costs within the lodging industry.

Any learnings from all the other cycles that you have seen that you want to share with the audience today?