E
quity Lifestyle Properties, Inc., a leading owner of lifestyle-oriented properties, has announced its participation in the Bank of America Securities 2024 Global Real Estate Conference. The event is scheduled for September 11, 2024 at 4:30 PM Eastern Time, where members of the company's executive management team will engage in a roundtable discussion. The session will be broadcast live, and interested parties can access the webcast through the Investor Relations section of the company's website at https://equitylifestyle.gcs-web.com/events-calendar.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs about future events and are subject to a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements.
The forward-looking statements contained in this press release include, but are not limited to, statements regarding our expectations, goals or intentions regarding the future, and the expected effect of our acquisitions. These statements are subject to a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in a forward-looking statement due to a number of factors, including but not limited to:
(i) changes in site usage within our portfolio
(ii) yield management on our short-term resort and marina sites
(iii) scheduled or implemented rate increases on community, resort and marina sites
(iv) scheduled or implemented rate increases in annual payments under membership subscriptions
(v) changes in occupancy rates
(vi) our ability to attract and retain membership customers
(vii) changes in customer demand regarding travel and outdoor vacation destinations
(viii) our ability to manage expenses in an inflationary environment
(ix) changes in debt service and interest rates
(x) our ability to integrate and operate recent acquisitions in accordance with our estimates
(xi) our ability to execute expansion/development opportunities in the face of changes impacting the supply chain or labor markets
(xii) completion of pending transactions in their entirety and on assumed schedule
(xiii) our ability to attract and retain property employees, particularly seasonal employees
(xiv) ongoing legal matters and related fees
(xv) costs to restore property operations and potential revenue losses following storms or other unplanned events
(xvi) the potential impact of, and our ability to remediate material weaknesses in our internal control over financial reporting
For further information on these and other factors that could impact us and the statements contained herein, refer to our filings with the Securities and Exchange Commission, including the "Risk Factors" and "Forward-Looking Statements" sections in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
These forward-looking statements are based on management's present expectations and beliefs about future events. As with any projection or forecast, these statements are inherently susceptible to uncertainty and changes in circumstances. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements whether as a result of such changes, new information, subsequent events or otherwise.
As of July 22, 2024, we own or have an interest in 452 properties located predominantly in the United States consisting of 172,866 sites. We are a self-administered, self-managed, real estate investment trust with headquarters in Chicago.
