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 18,000 campsites and vacation rentals in 30 states and six 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.