No category-specific facts could be extracted from this document.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The increase in membership-rights sales contracts for existing properties, the effects of price revisions across the membership-rights, hotel, restaurant and medical businesses, revisions to hotel food and beverage prices and room charges, and increases in membership and merchandise sales in the medical business all contributed. Although hotel occupancy declined, the effect of higher average prices more than offset it.