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  "authorName": "Playa Hotels & Resorts",
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      "text": "Other expense (income), net; Impairment loss; Management termination fees; Pre-opening expenses; Transaction expenses; Severance expenses; Other tax expense; Jamaica delayed opening expenses; Insurance proceeds",
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      "text": "Adjusted EBITDA Margin (Page 11 Comparison) Upscale Lodging REIT: DiamondRock Hospitality Company, FelCor Lodging Trust Inc., Host Hotels & Resorts, Inc., Sunstone Hotel Investors Inc., Wyeth Common Stock; Leisure: Carnival Corp., Intrawest Resorts Holdings, Inc., Norwegian Cruise Line Holdings Ltd., Royal Caribbean Cruises Ltd., Vail Resorts, Inc.; Global Hotel: Belmond Ltd., Hilton Hotels Corp., Hyatt Hotels Corp., InterContinental Hotels Group, Marriott International Inc., Meliá Hotels International, Starwood Hotels & Resorts; Emerging Market: Brazil Hospitality Group",
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