As travelers continue to seek quality experiences, our hotels and resorts are well positioned to continue their strong performance." Group booking pace for fiscal 2022, while still behind pre-pandemic pace, has continued to meaningfully improve compared to prior quarters with increased bookings for 2022 and into 2023. Balance Sheet and Liquidity The Marcus Corporation's financial position remains strong with $240.9 million in cash and revolving credit availability at the end of the first quarter of fiscal 2022. During the quarter, the company received $3.4 million from the sale of non-core real estate assets. The company also received approximately $4.3 million in state government grants awarded during the fourth quarter of fiscal 2021 and $23.0 million in federal income tax refunds, including interest earned.