Question-and-Answer Session
Operator
Thank you, sir. Ladies and gentlemen, we will now begin the question-and-answer. [Operator Instructions]. Our first question comes from Felicia Hendricks with Lehman Brothers. Please go ahead.
Felicia Hendricks - Lehman Brothers
Hi, guys. Good morning.
Robert A. Katz - Chief Executive Officer
Hi, Felicia. Good morning.
Felicia Hendricks - Lehman Brothers
Few questions for you. First just a point of clarification regarding your guidance, you didn't mention anything of that in the press release. And are we to assume that that is unchanged?
Robert A. Katz - Chief Executive Officer
Yes, based on everything that we are seeing, we did not feel the need to change our previously announced guidance.
Felicia Hendricks - Lehman Brothers
Okay, great. The next thing is, you are also some more cautious in the release. And I'm wondering are you seeing anything on the margin that should indicate that the economy is playing a role in your resort business to this point?
Robert A. Katz - Chief Executive Officer
I think that's hard to say, Felicia. I mean, I guess, I don't think we are seeing anything different in the economy than everybody else is seeing. I think certainly some of the metrics we are seeing on the early part of our season that we've just announced, I think what we said earlier we really stand by, which is we are very pleased with them given everything that we are seeing. But obviously, we also don't want to have our heads in the sand and obviously everyday you're reading about issues that are going on around us. I think you guys know probably better than us, what that environment is like. But so far to date, the metrics that we've just announced we are very pleased with.
Felicia Hendricks - Lehman Brothers
Okay. And than I just want to also... my last question is on some of the statistics that you provided, particularly along the lines of room pricing. It looks like you're getting pricing at the expense of occupancy a bit, and then I am wondering if you could just talk about your strategy there and how that could help perhaps your booking trends for the rest of the season?
Robert A. Katz - Chief Executive Officer
Well, I think there's no question that there's been real strength in the overall lodging market. I think that you are seeing that through ADRs generally throughout the industry. I think we are benefiting from that as well. I think I am not sure that we are trading off rate for occupancy. I think as of right now what we would say is that we are seeing a booking curve that is not as early as it was last year, because when you look at the numbers versus two years ago, what you realize is that we are actually pretty strongly ahead even in room nights of two years ago.
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