ELS: First Quarter Revenues Were Up 5.6% YOY
ELS Owns Jellystone Park™ Camp-Resorts in Amboy, IL and Fremont, WI
Equity LifesStyle Properties Inc., a Chicago-based real-estate investment trust, announced its results April 17 for the first fiscal quarter, which ended March 31. The company’s total revenues increased $12.3 million, or 5.6%, to $232.4 million, compared to $220.1 million for the same period in 2016. Net income increased $6.3 million to $56.9 million, compared to $50.6 million in the same quarter of 2016.
Funds from operations rose $8.5 million to $93.1 million, compared to $84.6 million during the same quarter last year.
About Yogi Bear’s Jellystone Park™ Camp-Resorts
Launched in 1969, the Jellystone Park™ system is the second largest chain of campgrounds in the United States, boasting 80 campgrounds with more than 17,000 campsites and vacation rentals in 31 states and four Canadian provinces. Its Camp-Resorts are among the best campgrounds in the industry with a quality reputation for being fun, friendly, clean and service-oriented parks. Additionally, each Jellystone Park™ is themed with Yogi Bear™ elements providing instant recognition and consumer appeal. It is truly a place “Where You Camp With Friends.”® Yogi Bear’s Jellystone Park™ Camp-Resorts are franchised through Leisure Systems, Inc. (LSI), a wholly owned subsidiary of The Park River Corporation, Cincinnati, Ohio. For more information, visit http://www.campjellystone.com.