EX1A-6 MAT CTRCT 4 bear_ex0606.htm WYNDHAM HOTELS AND RESORTS AGREEMENT AND STR REPORT

Exhibit 6.6

Table of Contents Data by Measure Percent Change by Measure Percent Change by Year Twelve Month Moving Average Twelve Month Moving Average with Percent Change Day of Week Analysis Raw Data Classic Response Report Terms and Conditions Help 1 2 3 4 5 6 7 8 9 1 0 11 12 Corporate North American Headquarters T: +1 (615) 824 8664 trend@str.com www.str.com International Headquarters T: +44 (0) 207 922 1930 hoteltrends@str.com www.str.com This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2021 STR, LLC / STR Global, Ltd. trading as “STR”. © CoStar Realty Information, Inc. Trend # 1282893_SADIM / Created September 02, 2021 Trend Report - Pigeon Forge, TN Area Selected Properties January 2013 to July 2021 Currency : USD - US Dollar

Tab 2 - Data by Measure Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 Occupancy (%) January February March April May June July August September Octob e r November December Total Year Jul YTD 2013 28.2 37.7 55.0 62.4 57.5 75.7 84.3 64.6 62.1 81.5 67.4 50.7 60.7 57.4 2014 24.8 26.6 49.6 55.7 58.2 76.1 85.6 67.8 69.6 86.4 68.7 60.8 61.0 54.1 2015 33.4 33.6 49.4 57.9 67.0 83.6 90.0 68.5 69.2 87.0 71.7 63.9 64.8 59.5 2016 33.2 37.8 62.4 68.5 66.9 76.1 89.1 63.6 67.7 80.6 73.4 72.2 67.2 63.1 2017 33.5 40.7 61.6 69.2 61.9 80.1 86.4 70.4 74.6 80.1 72.1 66.1 66.5 62.1 2018 31.5 37.5 63.4 67.2 64.3 86.3 86.7 72.6 73.7 85.5 74.3 63.2 67.4 62.6 2019 33.2 40.8 65.1 65.8 64.2 83.8 88.0 72.8 74.3 84.8 72.4 65.1 68.2 64.0 2020 38.9 43.2 26.1 6.8 32.3 74.5 74.2 60.6 64.4 87.9 68.8 63.9 54.1 43.0 2021 40.3 42.3 67.2 75.6 74.0 90.6 95.3 69.6 Avg 33.5 38.4 55.8 59.4 60.5 81.1 86.6 67.8 69.8 84.2 71.3 63.8 63.9 59.7 ADR ($) January February March April May June Ju l y August September October November December Total Year Jul YTD 2013 66.92 69.71 81.12 88.75 89.14 98.41 105.43 96.44 99.51 106.10 94.84 92.28 93.76 89.90 2014 77.20 79.57 84.69 92.46 92.86 102.54 113.00 104.75 102.47 111.32 98.70 97.15 99.82 96.38 2015 80.13 83.75 92.18 100.49 102.69 111.86 123.07 107.05 115.54 123.60 107.79 100.11 107.63 104.17 2016 87.21 89.47 98.78 104.54 106.67 119.11 134.07 108.81 119.68 138.30 117.16 114.69 115.97 111.15 2017 98.16 98.91 106.65 116.41 112.92 120.53 138.90 116.83 130.34 142.40 121.47 124.07 121.73 116.86 2018 89.23 94.55 113.20 122.80 116.12 130.01 143.53 119.77 128.10 145.85 128.37 125.27 125.36 121.27 2019 93.35 99.09 115.20 119.25 121.11 134.30 144.26 122.08 124.79 145.69 130.94 135.67 127.52 123.57 2020 102.07 103.55 100.60 83.84 101.65 116.99 136.33 116.23 128.54 152.21 131.51 141.46 125.75 114.27 2021 110.61 105.37 125.76 151.05 148.19 178.14 208.21 156.38 Avg 92.48 94.00 105.44 115.52 113.74 126.97 142.19 112.92 120.47 135.57 118.53 119.27 116.58 118.19 RevPAR ($) January February March April May June Ju l y August September October November December Total Year Jul YTD 2013 18.87 26.31 44.63 55.39 51.27 74.48 88.87 62.33 61.79 86.46 63.89 46.78 56.93 51.63 2014 19.11 21.19 42.04 51.53 54.02 78.05 96.71 71.07 71.31 96.18 67.83 59.11 60.93 52.12 2015 26.79 28.16 45.58 58.23 68.81 93.49 110.79 73.35 79.93 107.55 77.27 63.99 69.75 62.03 2016 28.93 33.81 61.63 71.64 71.35 90.68 119.50 69.25 80.96 111.53 86.03 82.81 77.97 70.18 2017 32.89 40.30 65.67 80.56 69.92 96.59 120.03 82.26 97.30 114.11 87.63 82.07 81.00 72.58 2018 28.13 35.46 71.77 82.48 74.72 112.24 124.43 86.96 94.45 124.69 95.42 79.18 84.43 75.97 2019 31.00 40.43 75.01 78.44 77.80 112.50 126.98 88.89 92.69 123.52 94.78 88.36 86.99 79.04 2020 39.75 44.76 26.29 5.73 32.84 87.21 101.12 70.42 82.73 133.86 90.51 90.40 68.04 49.16 2021 44.58 44.60 84.51 114.26 109.70 161.47 198.36 108.83 Avg 30.94 36.05 58.84 68.63 68.81 103.00 123.12 76.60 84.09 114.13 84.53 76.07 74.47 70.57 Supply January February March April May June Ju l y August September October November December Total Year Jul YTD 2013 22,041 19,908 22,041 21,330 22,041 21,330 22,041 22,041 21,330 22,041 21,330 22,041 259,515 150,732 2014 22,041 19,908 22,041 21,330 22,041 21,330 22,041 22,041 21,330 22,041 21,330 22,041 259,515 150,732 2015 22,041 19,908 22,041 21,330 22,041 21,330 22,041 22,041 21,330 22,041 21,330 22,041 259,515 150,732 2016 22,041 19,908 22,041 21,330 22,041 24,690 25,513 25,513 24,690 29,760 28,800 29,760 296,087 157,564 2017 29,760 26,880 29,760 28,800 29,760 28,800 29,760 29,760 28,800 29,760 28,800 29,760 350,400 203,520 2018 29,760 26,880 29,760 28,800 29,760 28,800 29,760 29,760 28,800 29,760 28,800 29,760 350,400 203,520 2019 29,760 26,880 33,139 32,070 33,139 32,070 33,139 33,139 32,070 33,139 32,070 30,535 381,150 220,197 2020 30,535 27,580 30,535 25,440 30,535 29,550 30,535 30,535 29,550 30,535 29,550 30,535 355,415 204,710 2021 30,535 27,580 30,535 29,550 30,535 29,550 30,535 208,820 Avg 26,502 23,937 26,877 25,553 26,877 26,383 27,263 26,854 25,988 27,385 26,501 27,059 314,000 183,392 Demand January February March April May June Ju l y August September October November December Total Year Jul YTD 2013 6,216 7,515 12,128 13,313 12,677 16,144 18,580 14,245 13,244 17,962 14,370 11,173 157,567 86,573 2014 5,456 5,302 10,940 11,889 12,822 16,236 18,864 14,954 14,844 19,043 14,658 13,411 158,419 81,509 2015 7,370 6,693 10,898 12,359 14,769 17,826 19,841 15,103 14,756 19,179 15,290 14,090 168,174 89,756 2016 7,312 7,523 13,753 14,616 14,742 18,797 22,739 16,238 16,703 23,999 21,149 21,488 199,059 99,482 2017 9,971 10,952 18,323 19,930 18,427 23,080 25,717 20,954 21,499 23,847 20,776 19,685 233,161 126,400 2018 9,383 10,081 18,869 19,344 19,150 24,864 25,801 21,606 21,236 25,443 21,408 18,811 235,996 127,492 2019 9,883 10,968 21,577 21,096 21,289 26,866 29,170 24,130 23,821 28,097 23,215 19,886 259,998 140,849 2020 11,891 11,923 7,981 1,738 9,865 22,028 22,650 18,502 19,019 26,853 20,336 19,514 192,300 88,076 2021 12,307 11,673 20,520 22,353 22,604 26,785 29,090 145,332 Avg 8,865 9,181 14,999 15,182 16,261 21,403 23,606 18,217 18,140 23,053 18,900 17,257 200,584 109,497

This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2021 STR, LLC / STR Global, Ltd. trading as “STR”. © CoStar Realty Information, Inc. Revenue ($) January February March April May June Ju l y August September Octob e r November December Total Year Jul YTD 2013 415,968 523,865 983,782 1,181,550 1,129,986 1,588,706 1,958,846 1,373,823 1,317,877 1,905,682 1,362,851 1,030,994 14,773,930 7,782,703 2014 421,178 421,855 926,508 1,099,198 1,190,714 1,664,854 2,131,631 1,566,428 1,521,048 2,119,850 1,446,769 1,302,909 15,812,942 7,855,938 2015 590,565 560,547 1,004,536 1,242,008 1,516,609 1,994,053 2,441,872 1,616,770 1,704,880 2,370,600 1,648,183 1,410,484 18,101,107 9,350,190 2016 637,681 673,063 1,358,491 1,528,002 1,572,546 2,238,904 3,048,692 1,766,878 1,998,979 3,319,028 2,477,769 2,464,485 23,084,518 11,057,379 2017 978,781 1,083,290 1,954,235 2,320,149 2,080,837 2,781,840 3,572,002 2,447,966 2,802,213 3,395,855 2,523,735 2,442,359 28,383,262 14,771,134 2018 837,243 953,137 2,135,977 2,375,510 2,223,603 3,232,626 3,703,094 2,587,781 2,720,234 3,710,856 2,748,046 2,356,510 29,584,617 15,461,190 2019 922,624 1,086,845 2,485,680 2,515,716 2,578,360 3,607,995 4,208,013 2,945,789 2,972,659 4,093,443 3,039,716 2,698,018 33,154,858 17,405,233 2020 1,213,680 1,234,571 802,869 145,720 1,002,732 2,577,028 3,087,803 2,150,405 2,444,616 4,087,325 2,674,452 2,760,505 24,181,706 10,064,403 2021 1,361,269 1,229,959 2,580,653 3,376,415 3,349,659 4,771,570 6,056,965 22,726,490 Avg 819,888 863,015 1,581,415 1,753,808 1,849,450 2,717,508 3,356,546 2,056,980 2,185,313 3,125,330 2,240,190 2,058,283 23,384,618 12,941,629

Tab 3 - Percent Change from Previous Year - Detail by Measure Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 Occupancy January February March April May June Ju l y Augu s t September Octob e r November December Total Year Jul YTD 2014 - 12.2 - 29.4 - 9.8 - 10.7 1.1 0.6 1.5 5.0 12.1 6.0 2.0 20.0 0.5 - 5.8 2015 35.1 26.2 - 0.4 4.0 15.2 9.8 5.2 1.0 - 0.6 0.7 4.3 5.1 6.2 10.1 2016 - 0.8 12.4 26.2 18.3 - 0.2 - 8.9 - 1.0 - 7.1 - 2.2 - 7.3 2.4 12.9 3.7 6.0 2017 1.0 7.8 - 1.3 1.0 - 7.4 5.3 - 3.0 10.6 10.3 - 0.6 - 1.8 - 8.4 - 1.0 - 1.6 2018 - 5.9 - 8.0 3.0 - 2.9 3.9 7.7 0.3 3.1 - 1.2 6.7 3.0 - 4.4 1.2 0.9 2019 5.3 8.8 2.7 - 2.1 - 0.2 - 3.0 1.5 0.3 0.7 - 0.8 - 2.6 3.0 1.3 2.1 2020 17.3 5.9 - 59.9 - 89.6 - 49.7 - 11.0 - 15.7 - 16.8 - 13.3 3.7 - 4.9 - 1.9 - 20.7 - 32.7 2021 3.5 - 2.1 157.1 1,007.2 129.1 21.6 28.4 61.8 Avg 5.4 2.7 14.7 115.6 11.5 2.8 2.2 - 0.6 0.8 1.2 0.4 3.8 - 1.3 5.1 ADR January February March April May June July Augu s t September Octob e r November December Total Year Jul YTD 2014 15.4 14.1 4.4 4.2 4.2 4.2 7.2 8.6 3.0 4.9 4.1 5.3 6.5 7.2 2015 3.8 5.3 8.8 8.7 10.6 9.1 8.9 2.2 12.8 11.0 9.2 3.0 7.8 8.1 2016 8.8 6.8 7.2 4.0 3.9 6.5 8.9 1.6 3.6 11.9 8.7 14.6 7.7 6.7 2017 12.6 10.6 8.0 11.4 5.9 1.2 3.6 7.4 8.9 3.0 3.7 8.2 5.0 5.1 2018 - 9.1 - 4.4 6.1 5.5 2.8 7.9 3.3 2.5 - 1.7 2.4 5.7 1.0 3.0 3.8 2019 4.6 4.8 1.8 - 2.9 4.3 3.3 0.5 1.9 - 2.6 - 0.1 2.0 8.3 1.7 1.9 2020 9.3 4.5 - 12.7 - 29.7 - 16.1 - 12.9 - 5.5 - 4.8 3.0 4.5 0.4 4.3 - 1.4 - 7.5 2021 8.4 1.8 25.0 80.2 45.8 52.3 52.7 36.8 Avg 6.7 5.4 6.1 10.2 7.7 8.9 10.0 2.8 3.8 5.4 4.8 6.4 4.3 7.8 RevPAR January February March April May June Ju l y Augu s t September Octob e r November December Total Year Jul YTD 2014 1.3 - 19.5 - 5.8 - 7.0 5.4 4.8 8.8 14.0 15.4 11.2 6.2 26.4 7.0 0.9 2015 40.2 32.9 8.4 13.0 27.4 19.8 14.6 3.2 12.1 11.8 13.9 8.3 14.5 19.0 2016 8.0 20.1 35.2 23.0 3.7 - 3.0 7.9 - 5.6 1.3 3.7 11.3 29.4 11.8 13.1 2017 13.7 19.2 6.5 12.5 - 2.0 6.5 0.4 18.8 20.2 2.3 1.9 - 0.9 3.9 3.4 2018 - 14.5 - 12.0 9.3 2.4 6.9 16.2 3.7 5.7 - 2.9 9.3 8.9 - 3.5 4.2 4.7 2019 10.2 14.0 4.5 - 4.9 4.1 0.2 2.0 2.2 - 1.9 - 0.9 - 0.7 11.6 3.0 4.0 2020 28.2 10.7 - 64.9 - 92.7 - 57.8 - 22.5 - 20.4 - 20.8 - 10.8 8.4 - 4.5 2.3 - 21.8 - 37.8 2021 12.2 - 0.4 221.4 1,894.8 234.1 85.2 96.2 121.4 Avg 12.4 8.1 26.8 230.1 27.7 13.4 14.1 2.5 4.8 6.5 5.3 10.5 3.2 16.1 Supply January February March April May June July Augu s t September Octob e r November December Total Year Jul YTD 2014 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2015 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2016 0.0 0.0 0.0 0.0 0.0 15.8 15.8 15.8 15.8 35.0 35.0 35.0 14.1 4.5 2017 35.0 35.0 35.0 35.0 35.0 16.6 16.6 16.6 16.6 0.0 0.0 0.0 18.3 29.2 2018 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2019 0.0 0.0 11.4 11.4 11.4 11.4 11.4 11.4 11.4 11.4 11.4 2.6 8.8 8.2 2020 2.6 2.6 - 7.9 - 20.7 - 7.9 - 7.9 - 7.9 - 7.9 - 7.9 - 7.9 - 7.9 0.0 - 6.8 - 7.0 2021 0.0 0.0 0.0 16.2 0.0 0.0 0.0 2.0 Avg 4.7 4.7 4.8 5.2 4.8 4.5 4.5 5.1 5.1 5.5 5.5 5.4 4.9 4.6 Demand January February March April May June Ju l y Augu s t September Octob e r November December Total Year Jul YTD 2014 - 12.2 - 29.4 - 9.8 - 10.7 1.1 0.6 1.5 5.0 12.1 6.0 2.0 20.0 0.5 - 5.8 2015 35.1 26.2 - 0.4 4.0 15.2 9.8 5.2 1.0 - 0.6 0.7 4.3 5.1 6.2 10.1 2016 - 0.8 12.4 26.2 18.3 - 0.2 5.4 14.6 7.5 13.2 25.1 38.3 52.5 18.4 10.8 2017 36.4 45.6 33.2 36.4 25.0 22.8 13.1 29.0 28.7 - 0.6 - 1.8 - 8.4 17.1 27.1 2018 - 5.9 - 8.0 3.0 - 2.9 3.9 7.7 0.3 3.1 - 1.2 6.7 3.0 - 4.4 1.2 0.9 2019 5.3 8.8 14.4 9.1 11.2 8.1 13.1 11.7 12.2 10.4 8.4 5.7 10.2 10.5 2020 20.3 8.7 - 63.0 - 91.8 - 53.7 - 18.0 - 22.4 - 23.3 - 20.2 - 4.4 - 12.4 - 1.9 - 26.0 - 37.5 2021 3.5 - 2.1 157.1 1,186.1 129.1 21.6 28.4 65.0 Avg 10.2 7.8 20.1 143.5 16.5 7.2 6.7 4.9 6.3 6.3 6.0 9.8 3.9 10.1 Revenue January February March April May June Ju l y Augu s t September Octob e r November December Total Year Jul YTD 2014 1.3 - 19.5 - 5.8 - 7.0 5.4 4.8 8.8 14.0 15.4 11.2 6.2 26.4 7.0 0.9

Tab 4 - Percent Change from Previous Year - Detail by Year Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 Total Year Jul YTD 61.8 36.8 121.4 2.0 65.0 125.8 Jan 14 Feb 14 Mar 14 Apr 14 May 14 Jun 14 Jul 14 Aug 14 Sep 14 Oct 14 Nov 14 Dec 14 Occ - 12.2 - 29.4 - 9.8 - 10.7 1.1 0.6 1.5 5.0 12.1 6.0 2.0 20.0 ADR 15.4 14.1 4.4 4.2 4.2 4.2 7.2 8.6 3.0 4.9 4.1 5.3 RevPAR 1.3 - 19.5 - 5.8 - 7.0 5.4 4.8 8.8 14.0 15.4 11.2 6.2 26.4 Supp l y 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Demand - 12.2 - 29.4 - 9.8 - 10.7 1.1 0.6 1.5 5.0 12.1 6.0 2.0 20.0 Revenue 1.3 - 19.5 - 5.8 - 7.0 5.4 4.8 8.8 14.0 15.4 11.2 6.2 26.4 Jan 15 Feb 15 Mar 15 Apr 15 May 15 Jun 15 Jul 15 Aug 15 Sep 15 Oct 15 Nov 15 Dec 15 Occ 35.1 26.2 - 0.4 4.0 15.2 9.8 5.2 1.0 - 0.6 0.7 4.3 5.1 ADR 3.8 5.3 8.8 8.7 10.6 9.1 8.9 2.2 12.8 11.0 9.2 3.0 RevPAR 40.2 32.9 8.4 13.0 27.4 19.8 14.6 3.2 12.1 11.8 13.9 8.3 Supp l y 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Demand 35.1 26.2 - 0.4 4.0 15.2 9.8 5.2 1.0 - 0.6 0.7 4.3 5.1 Revenue 40.2 32.9 8.4 13.0 27.4 19.8 14.6 3.2 12.1 11.8 13.9 8.3 Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 Sep 16 Oct 16 Nov 16 Dec 16 Occ - 0.8 12.4 26.2 18.3 - 0.2 - 8.9 - 1.0 - 7.1 - 2.2 - 7.3 2.4 12.9 ADR 8.8 6.8 7.2 4.0 3.9 6.5 8.9 1.6 3.6 11.9 8.7 14.6 RevPAR 8.0 20.1 35.2 23.0 3.7 - 3.0 7.9 - 5.6 1.3 3.7 11.3 29.4 Supp l y 0.0 0.0 0.0 0.0 0.0 15.8 15.8 15.8 15.8 35.0 35.0 35.0 Demand - 0.8 12.4 26.2 18.3 - 0.2 5.4 14.6 7.5 13.2 25.1 38.3 52.5 Revenue 8.0 20.1 35.2 23.0 3.7 12.3 24.9 9.3 17.3 40.0 50.3 74.7 Jan 17 Feb 17 Mar 17 Apr 17 May 17 Jun 17 Jul 17 Aug 17 Sep 17 Oct 17 Nov 17 Dec 17 Occ 1.0 7.8 - 1.3 1.0 - 7.4 5.3 - 3.0 10.6 10.3 - 0.6 - 1.8 - 8.4 ADR 12.6 10.6 8.0 11.4 5.9 1.2 3.6 7.4 8.9 3.0 3.7 8.2 RevPAR 13.7 19.2 6.5 12.5 - 2.0 6.5 0.4 18.8 20.2 2.3 1.9 - 0.9 Supp l y 35.0 35.0 35.0 35.0 35.0 16.6 16.6 16.6 16.6 0.0 0.0 0.0 Demand 36.4 45.6 33.2 36.4 25.0 22.8 13.1 29.0 28.7 - 0.6 - 1.8 - 8.4 Revenue 53.5 60.9 43.9 51.8 32.3 24.3 17.2 38.5 40.2 2.3 1.9 - 0.9 Jan 18 Feb 18 Mar 18 Apr 18 May 18 Jun 18 Jul 18 Aug 18 Sep 18 Oct 18 Nov 18 Dec 18 Occ - 5.9 - 8.0 3.0 - 2.9 3.9 7.7 0.3 3.1 - 1.2 6.7 3.0 - 4.4 ADR - 9.1 - 4.4 6.1 5.5 2.8 7.9 3.3 2.5 - 1.7 2.4 5.7 1.0 RevPAR - 14.5 - 12.0 9.3 2.4 6.9 16.2 3.7 5.7 - 2.9 9.3 8.9 - 3.5 Supp l y 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Demand - 5.9 - 8.0 3.0 - 2.9 3.9 7.7 0.3 3.1 - 1.2 6.7 3.0 - 4.4 Revenue - 14.5 - 12.0 9.3 2.4 6.9 16.2 3.7 5.7 - 2.9 9.3 8.9 - 3.5 Jan 19 Feb 19 Mar 19 Apr 19 May 19 Jun 19 Jul 19 Aug 19 Sep 19 Oct 19 Nov 19 Dec 19 Occ 5.3 8.8 2.7 - 2.1 - 0.2 - 3.0 1.5 0.3 0.7 - 0.8 - 2.6 3.0 ADR 4.6 4.8 1.8 - 2.9 4.3 3.3 0.5 1.9 - 2.6 - 0.1 2.0 8.3 RevPAR 10.2 14.0 4.5 - 4.9 4.1 0.2 2.0 2.2 - 1.9 - 0.9 - 0.7 11.6 Supp l y 0.0 0.0 11.4 11.4 11.4 11.4 11.4 11.4 11.4 11.4 11.4 2.6 Demand 5.3 8.8 14.4 9.1 11.2 8.1 13.1 11.7 12.2 10.4 8.4 5.7 Revenue 10.2 14.0 16.4 5.9 16.0 11.6 13.6 13.8 9.3 10.3 10.6 14.5 Jan 20 Feb 20 Mar 20 Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Occ 17.3 5.9 - 59.9 - 89.6 - 49.7 - 11.0 - 15.7 - 16.8 - 13.3 3.7 - 4.9 - 1.9 ADR 9.3 4.5 - 12.7 - 29.7 - 16.1 - 12.9 - 5.5 - 4.8 3.0 4.5 0.4 4.3 RevPAR 28.2 10.7 - 64.9 - 92.7 - 57.8 - 22.5 - 20.4 - 20.8 - 10.8 8.4 - 4.5 2.3 Supp l y 2.6 2.6 - 7.9 - 20.7 - 7.9 - 7.9 - 7.9 - 7.9 - 7.9 - 7.9 - 7.9 0.0 Demand 20.3 8.7 - 63.0 - 91.8 - 53.7 - 18.0 - 22.4 - 23.3 - 20.2 - 4.4 - 12.4 - 1.9 Revenue 31.5 13.6 - 67.7 - 94.2 - 61.1 - 28.6 - 26.6 - 27.0 - 17.8 - 0.1 - 12.0 2.3 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Occ 3.5 - 2.1 157.1 1,007.2 129.1 21.6 28.4 ADR 8.4 1.8 25.0 80.2 45.8 52.3 52.7 RevPAR 12.2 - 0.4 221.4 1,894.8 234.1 85.2 96.2 Supp l y 0.0 0.0 0.0 16.2 0.0 0.0 0.0 Demand 3.5 - 2.1 157.1 1,186.1 129.1 21.6 28.4 Revenue 12.2 - 0.4 221.4 2,217.1 234.1 85.2 96.2 Total Year Jul YTD 0.5 - 5.8 6.5 7.2 7.0 0.9 0.0 0.0 0.5 - 5.8 7.0 0.9 Total Year Jul YTD 6.2 10.1 7.8 8.1 14.5 19.0 0.0 0.0 6.2 10.1 14.5 19.0 Total Year Jul YTD 3.7 6.0 7.7 6.7 11.8 13.1 14.1 4.5 18.4 10.8 27.5 18.3 Total Year Jul YTD - 1.0 - 1.6 5.0 5.1 3.9 3.4 18.3 29.2 17.1 27.1 23.0 33.6 Total Year Jul YTD 1.2 0.9 3.0 3.8 4.2 4.7 0.0 0.0 1.2 0.9 4.2 4.7 Total Year Jul YTD 1.3 2.1 1.7 1.9 3.0 4.0 8.8 8.2 10.2 10.5 12.1 12.6 Total Year Jul YTD - 20.7 - 32.7 - 1.4 - 7.5 - 21.8 - 37.8 - 6.8 - 7.0 - 26.0 - 37.5 - 27.1 - 42.2

Tab 5 - Twelve Month Moving Average Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 Occupancy (%) January February March April May June July Augu s t September Octob e r November December 2014 60.4 59.6 59.1 58.6 58.6 58.7 58.8 59.0 59.7 60.1 60.2 61.0 2015 61.8 62.3 62.3 62.5 63.2 63.8 64.2 64.3 64.2 64.3 64.5 64.8 2016 64.8 65.1 66.2 67.1 67.1 66.6 66.8 66.4 66.3 66.1 66.5 67.2 2017 66.4 66.0 65.8 66.0 65.5 66.0 66.1 66.6 67.2 67.2 67.1 66.5 2018 66.4 66.1 66.3 66.1 66.3 66.8 66.9 67.0 67.0 67.4 67.6 67.4 2019 67.5 67.7 67.9 67.7 67.7 67.6 67.9 68.0 68.1 68.2 68.1 68.2 2020 68.6 68.7 65.6 61.6 59.0 58.0 56.7 55.5 54.6 54.6 54.2 54.1 2021 54.2 54.2 57.7 62.8 66.3 67.6 69.4 ADR ($) January February March April May June July Augu s t September October November December 2014 94.25 94.94 95.30 95.65 95.96 96.40 97.36 98.16 98.46 99.15 99.51 99.82 2015 99.68 99.68 100.19 100.78 101.57 102.58 103.84 104.05 105.21 106.63 107.43 107.63 2016 107.95 108.09 108.35 108.59 108.93 109.72 111.35 111.48 111.90 114.10 114.95 115.97 2017 116.13 116.19 116.50 117.30 117.65 117.83 118.59 119.12 120.10 120.51 120.89 121.73 2018 121.43 121.33 121.82 122.37 122.60 123.60 124.11 124.36 124.15 124.65 125.26 125.36 2019 125.46 125.55 125.59 125.26 125.62 126.12 126.44 126.60 126.30 126.49 126.73 127.52 2020 127.65 127.75 127.97 128.43 127.94 126.01 124.57 124.10 124.45 125.21 125.18 125.75 2021 126.24 126.38 127.33 130.01 132.91 139.34 147.64 RevPAR ($) January February March April May June July Augu s t September October November December 2014 56.95 56.56 56.34 56.02 56.25 56.55 57.21 57.95 58.74 59.56 59.88 60.93 2015 61.59 62.12 62.42 62.97 64.23 65.50 66.69 66.88 67.59 68.56 69.34 69.75 2016 69.93 70.36 71.73 72.83 73.05 73.04 74.37 73.97 74.14 75.48 76.40 77.97 2017 77.11 76.70 76.71 77.38 77.11 77.78 78.35 79.35 80.72 80.93 81.07 81.00 2018 80.60 80.23 80.75 80.90 81.31 82.60 82.97 83.37 83.14 84.04 84.68 84.43 2019 84.67 85.06 85.23 84.84 85.03 85.30 85.89 86.07 86.00 86.24 86.27 86.99 2020 87.57 87.80 83.97 79.12 75.42 73.14 70.60 68.91 67.93 68.40 67.86 68.04 2021 68.45 68.44 73.44 81.59 88.12 94.22 102.48 Supply January February March April May June July August September October November December 2014 259,515 259,515 259,515 259,515 259,515 259,515 259,515 259,515 259,515 259,515 259,515 259,515 2015 259,515 259,515 259,515 259,515 259,515 259,515 259,515 259,515 259,515 259,515 259,515 259,515 2016 259,515 259,515 259,515 259,515 259,515 262,875 266,347 269,819 273,179 280,898 288,368 296,087 2017 303,806 310,778 318,497 325,967 333,686 337,796 342,043 346,290 350,400 350,400 350,400 350,400 2018 350,400 350,400 350,400 350,400 350,400 350,400 350,400 350,400 350,400 350,400 350,400 350,400 2019 350,400 350,400 353,779 357,049 360,428 363,698 367,077 370,456 373,726 377,105 380,375 381,150 2020 381,925 382,625 380,021 373,391 370,787 368,267 365,663 363,059 360,539 357,935 355,415 355,415 2021 355,415 355,415 355,415 359,525 359,525 359,525 359,525 Demand January February March April May June July August September October November December 2014 156,807 154,594 153,406 151,982 152,127 152,219 152,503 153,212 154,812 155,893 156,181 158,419 2015 160,333 161,724 161,682 162,152 164,099 165,689 166,666 166,815 166,727 166,863 167,495 168,174 2016 168,116 168,946 171,801 174,058 174,031 175,002 177,900 179,035 180,982 185,802 191,661 199,059 2017 201,718 205,147 209,717 215,031 218,716 222,999 225,977 230,693 235,489 235,337 234,964 233,161 2018 232,573 231,702 232,248 231,662 232,385 234,169 234,253 234,905 234,642 236,238 236,870 235,996 2019 236,496 237,383 240,091 241,843 243,982 245,984 249,353 251,877 254,462 257,116 258,923 259,998 2020 262,006 262,961 249,365 230,007 218,583 213,745 207,225 201,597 196,795 195,551 192,672 192,300 2021 192,716 192,466 205,005 225,620 238,359 243,116 249,556 Revenue ($) January February March April May June July Augu s t September Octob e r November December 2014 14,779,140 14,677,130 14,619,856 14,537,504 14,598,232 14,674,380 14,847,165 15,039,770 15,242,941 15,457,109 15,541,027 15,812,942 2015 15,982,329 16,121,021 16,199,049 16,341,859 16,667,754 16,996,953 17,307,194 17,357,536 17,541,368 17,792,118 17,993,532 18,101,107 2016 18,148,223 18,260,739 18,614,694 18,900,688 18,956,625 19,201,476 19,808,296 19,958,404 20,252,503 21,200,931 22,030,517 23,084,518 2017 23,425,618 23,835,845 24,431,589 25,223,736 25,732,027 26,274,963 26,798,273 27,479,361 28,282,595 28,359,422 28,405,388 28,383,262 2018 28,241,724 28,111,571 28,293,313 28,348,674 28,491,440 28,942,226 29,073,318 29,213,133 29,131,154 29,446,155 29,670,466 29,584,617 2019 29,669,998 29,803,706 30,153,409 30,293,615 30,648,372 31,023,741 31,528,660 31,886,668 32,139,093 32,521,680 32,813,350 33,154,858 2020 33,445,914 33,593,640 31,910,829 29,540,833 27,965,205 26,934,238 25,814,028 25,018,644 24,490,601 24,484,483 24,119,219 24,181,706 2021 24,329,295 24,324,683 26,102,467 29,333,162 31,680,089 33,874,631 36,843,793

High value is boxed. Low value is boxed and italicized. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by pai d subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be constru ed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2021 STR, LLC / STR Global, Ltd. trading as “STR”. © CoStar Realty Information, Inc.

Tab 6 - Twelve Month Moving Average with Percent Change Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 Date Occupancy ADR RevPar Supply Demand Revenue This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg Jan 14 60.4 94.25 56.95 259,515 156,807 14,779,140 Feb 14 59.6 94.94 56.56 259,515 154,594 14,677,130 Mar 14 59.1 95.30 56.34 259,515 153,406 14,619,856 Apr 14 58.6 95.65 56.02 259,515 151,982 14,537,504 May 14 58.6 95.96 56.25 259,515 152,127 14,598,232 Jun 14 58.7 96.40 56.55 259,515 152,219 14,674,380 Jul 14 58.8 97.36 57.21 259,515 152,503 14,847,165 Aug 14 59.0 98.16 57.95 259,515 153,212 15,039,770 Sep 14 59.7 98.46 58.74 259,515 154,812 15,242,941 Oct 14 60.1 99.15 59.56 259,515 155,893 15,457,109 Nov 14 60.2 99.51 59.88 259,515 156,181 15,541,027 Dec 14 61.0 0.5 99.82 6.5 60.93 7.0 259,515 0.0 158,419 0.5 15,812,942 7.0 Jan 15 61.8 2.2 99.68 5.8 61.59 8.1 259,515 0.0 160,333 2.2 15,982,329 8.1 Feb 15 62.3 4.6 99.68 5.0 62.12 9.8 259,515 0.0 161,724 4.6 16,121,021 9.8 Mar 15 62.3 5.4 100.19 5.1 62.42 10.8 259,515 0.0 161,682 5.4 16,199,049 10.8 Apr 15 62.5 6.7 100.78 5.4 62.97 12.4 259,515 0.0 162,152 6.7 16,341,859 12.4 May 15 63.2 7.9 101.57 5.8 64.23 14.2 259,515 0.0 164,099 7.9 16,667,754 14.2 Jun 15 63.8 8.8 102.58 6.4 65.50 15.8 259,515 0.0 165,689 8.8 16,996,953 15.8 Jul 15 64.2 9.3 103.84 6.7 66.69 16.6 259,515 0.0 166,666 9.3 17,307,194 16.6 Aug 15 64.3 8.9 104.05 6.0 66.88 15.4 259,515 0.0 166,815 8.9 17,357,536 15.4 Sep 15 64.2 7.7 105.21 6.9 67.59 15.1 259,515 0.0 166,727 7.7 17,541,368 15.1 Oct 15 64.3 7.0 106.63 7.5 68.56 15.1 259,515 0.0 166,863 7.0 17,792,118 15.1 Nov 15 64.5 7.2 107.43 8.0 69.34 15.8 259,515 0.0 167,495 7.2 17,993,532 15.8 Dec 15 64.8 6.2 107.63 7.8 69.75 14.5 259,515 0.0 168,174 6.2 18,101,107 14.5 Jan 16 64.8 4.9 107.95 8.3 69.93 13.6 259,515 0.0 168,116 4.9 18,148,223 13.6 Feb 16 65.1 4.5 108.09 8.4 70.36 13.3 259,515 0.0 168,946 4.5 18,260,739 13.3 Mar 16 66.2 6.3 108.35 8.1 71.73 14.9 259,515 0.0 171,801 6.3 18,614,694 14.9 Apr 16 67.1 7.3 108.59 7.7 72.83 15.7 259,515 0.0 174,058 7.3 18,900,688 15.7 May 16 67.1 6.1 108.93 7.2 73.05 13.7 259,515 0.0 174,031 6.1 18,956,625 13.7 Jun 16 66.6 4.3 109.72 7.0 73.04 11.5 262,875 1.3 175,002 5.6 19,201,476 13.0 Jul 16 66.8 4.0 111.35 7.2 74.37 11.5 266,347 2.6 177,900 6.7 19,808,296 14.5 Aug 16 66.4 3.2 111.48 7.1 73.97 10.6 269,819 4.0 179,035 7.3 19,958,404 15.0 Sep 16 66.3 3.1 111.90 6.4 74.14 9.7 273,179 5.3 180,982 8.5 20,252,503 15.5 Oct 16 66.1 2.9 114.10 7.0 75.48 10.1 280,898 8.2 185,802 11.4 21,200,931 19.2 Nov 16 66.5 3.0 114.95 7.0 76.40 10.2 288,368 11.1 191,661 14.4 22,030,517 22.4 Dec 16 67.2 3.7 115.97 7.7 77.97 11.8 296,087 14.1 199,059 18.4 23,084,518 27.5 Jan 17 66.4 2.5 116.13 7.6 77.11 10.3 303,806 17.1 201,718 20.0 23,425,618 29.1 Feb 17 66.0 1.4 116.19 7.5 76.70 9.0 310,778 19.8 205,147 21.4 23,835,845 30.5 Mar 17 65.8 - 0.5 116.50 7.5 76.71 6.9 318,497 22.7 209,717 22.1 24,431,589 31.2 Apr 17 66.0 - 1.6 117.30 8.0 77.38 6.2 325,967 25.6 215,031 23.5 25,223,736 33.5 May 17 65.5 - 2.3 117.65 8.0 77.11 5.6 333,686 28.6 218,716 25.7 25,732,027 35.7 Jun 17 66.0 - 0.8 117.83 7.4 77.78 6.5 337,796 28.5 222,999 27.4 26,274,963 36.8 Jul 17 66.1 - 1.1 118.59 6.5 78.35 5.3 342,043 28.4 225,977 27.0 26,798,273 35.3 Aug 17 66.6 0.4 119.12 6.9 79.35 7.3 346,290 28.3 230,693 28.9 27,479,361 37.7 Sep 17 67.2 1.4 120.10 7.3 80.72 8.9 350,400 28.3 235,489 30.1 28,282,595 39.6

Tab 6 - Twelve Month Moving Average with Percent Change Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 Date Occupancy ADR RevPar Supply Demand Revenue This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg Oct 17 67.2 1.5 120.51 5.6 80.93 7.2 350,400 24.7 235,337 26.7 28,359,422 33.8 Nov 17 67.1 0.9 120.89 5.2 81.07 6.1 350,400 21.5 234,964 22.6 28,405,388 28.9 Dec 17 66.5 - 1.0 121.73 5.0 81.00 3.9 350,400 18.3 233,161 17.1 28,383,262 23.0 Jan 18 66.4 - 0.0 121.43 4.6 80.60 4.5 350,400 15.3 232,573 15.3 28,241,724 20.6 Feb 18 66.1 0.2 121.33 4.4 80.23 4.6 350,400 12.7 231,702 12.9 28,111,571 17.9 Mar 18 66.3 0.7 121.82 4.6 80.75 5.3 350,400 10.0 232,248 10.7 28,293,313 15.8 Apr 18 66.1 0.2 122.37 4.3 80.90 4.6 350,400 7.5 231,662 7.7 28,348,674 12.4 May 18 66.3 1.2 122.60 4.2 81.31 5.4 350,400 5.0 232,385 6.2 28,491,440 10.7 Jun 18 66.8 1.2 123.60 4.9 82.60 6.2 350,400 3.7 234,169 5.0 28,942,226 10.2 Jul 18 66.9 1.2 124.11 4.7 82.97 5.9 350,400 2.4 234,253 3.7 29,073,318 8.5 Aug 18 67.0 0.6 124.36 4.4 83.37 5.1 350,400 1.2 234,905 1.8 29,213,133 6.3 Sep 18 67.0 - 0.4 124.15 3.4 83.14 3.0 350,400 0.0 234,642 - 0.4 29,131,154 3.0 Oct 18 67.4 0.4 124.65 3.4 84.04 3.8 350,400 0.0 236,238 0.4 29,446,155 3.8 Nov 18 67.6 0.8 125.26 3.6 84.68 4.5 350,400 0.0 236,870 0.8 29,670,466 4.5 Dec 18 67.4 1.2 125.36 3.0 84.43 4.2 350,400 0.0 235,996 1.2 29,584,617 4.2 Jan 19 67.5 1.7 125.46 3.3 84.67 5.1 350,400 0.0 236,496 1.7 29,669,998 5.1 Feb 19 67.7 2.5 125.55 3.5 85.06 6.0 350,400 0.0 237,383 2.5 29,803,706 6.0 Mar 19 67.9 2.4 125.59 3.1 85.23 5.6 353,779 1.0 240,091 3.4 30,153,409 6.6 Apr 19 67.7 2.5 125.26 2.4 84.84 4.9 357,049 1.9 241,843 4.4 30,293,615 6.9 May 19 67.7 2.1 125.62 2.5 85.03 4.6 360,428 2.9 243,982 5.0 30,648,372 7.6 Jun 19 67.6 1.2 126.12 2.0 85.30 3.3 363,698 3.8 245,984 5.0 31,023,741 7.2 Jul 19 67.9 1.6 126.44 1.9 85.89 3.5 367,077 4.8 249,353 6.4 31,528,660 8.4 Aug 19 68.0 1.4 126.60 1.8 86.07 3.2 370,456 5.7 251,877 7.2 31,886,668 9.2 Sep 19 68.1 1.7 126.30 1.7 86.00 3.4 373,726 6.7 254,462 8.4 32,139,093 10.3 Oct 19 68.2 1.1 126.49 1.5 86.24 2.6 377,105 7.6 257,116 8.8 32,521,680 10.4 Nov 19 68.1 0.7 126.73 1.2 86.27 1.9 380,375 8.6 258,923 9.3 32,813,350 10.6 Dec 19 68.2 1.3 127.52 1.7 86.99 3.0 381,150 8.8 259,998 10.2 33,154,858 12.1 Jan 20 68.6 1.6 127.65 1.8 87.57 3.4 381,925 9.0 262,006 10.8 33,445,914 12.7 Feb 20 68.7 1.4 127.75 1.8 87.80 3.2 382,625 9.2 262,961 10.8 33,593,640 12.7 Mar 20 65.6 - 3.3 127.97 1.9 83.97 - 1.5 380,021 7.4 249,365 3.9 31,910,829 5.8 Apr 20 61.6 - 9.1 128.43 2.5 79.12 - 6.8 373,391 4.6 230,007 - 4.9 29,540,833 - 2.5 May 20 59.0 - 12.9 127.94 1.8 75.42 - 11.3 370,787 2.9 218,583 - 10.4 27,965,205 - 8.8 Jun 20 58.0 - 14.2 126.01 - 0.1 73.14 - 14.3 368,267 1.3 213,745 - 13.1 26,934,238 - 13.2 Jul 20 56.7 - 16.6 124.57 - 1.5 70.60 - 17.8 365,663 - 0.4 207,225 - 16.9 25,814,028 - 18.1 Aug 20 55.5 - 18.3 124.10 - 2.0 68.91 - 19.9 363,059 - 2.0 201,597 - 20.0 25,018,644 - 21.5 Sep 20 54.6 - 19.8 124.45 - 1.5 67.93 - 21.0 360,539 - 3.5 196,795 - 22.7 24,490,601 - 23.8 Oct 20 54.6 - 19.9 125.21 - 1.0 68.40 - 20.7 357,935 - 5.1 195,551 - 23.9 24,484,483 - 24.7 Nov 20 54.2 - 20.4 125.18 - 1.2 67.86 - 21.3 355,415 - 6.6 192,672 - 25.6 24,119,219 - 26.5 Dec 20 54.1 - 20.7 125.75 - 1.4 68.04 - 21.8 355,415 - 6.8 192,300 - 26.0 24,181,706 - 27.1 Jan 21 54.2 - 21.0 126.24 - 1.1 68.45 - 21.8 355,415 - 6.9 192,716 - 26.4 24,329,295 - 27.3 Feb 21 54.2 - 21.2 126.38 - 1.1 68.44 - 22.0 355,415 - 7.1 192,466 - 26.8 24,324,683 - 27.6 Mar 21 57.7 - 12.1 127.33 - 0.5 73.44 - 12.5 355,415 - 6.5 205,005 - 17.8 26,102,467 - 18.2 Apr 21 62.8 1.9 130.01 1.2 81.59 3.1 359,525 - 3.7 225,620 - 1.9 29,333,162 - 0.7 May 21 66.3 12.5 132.91 3.9 88.12 16.8 359,525 - 3.0 238,359 9.0 31,680,089 13.3 Jun 21 67.6 16.5 139.34 10.6 94.22 28.8 359,525 - 2.4 243,116 13.7 33,874,631 25.8

Tab 6 - Twelve Month Moving Average with Percent Change Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 This STR Report is a publication of STR, LLC and STR Global, Ltd . , CoStar Group companies, and is intended solely for use by paid subscribers . The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice . Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action . If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately . Source : 2021 STR, LLC / STR Global, Ltd . trading as “STR” . © CoStar Realty Information, Inc . Date Occupancy ADR RevPar Supply Demand Revenue This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg Jul 21 69.4 22.5 147.64 18.5 102.48 45.2 359,525 - 1.7 249,556 20.4 36,843,793 42.7

Tab 7 - Day of Week Analysis Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by pai d subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be constru ed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2021 STR, LLC / STR Global, Ltd. trading as “STR”. © CoStar Realty Information, Inc. Three Year Occupancy (%) Sun Mon Tue Wed Thu Fri Sat Total Year Aug 18 - Jul 19 54.8 57.5 60.5 62.7 67.3 85.2 87.6 67.9 Aug 19 - Jul 20 47.3 45.9 48.2 49.1 55.2 73.5 77.1 56.7 Aug 20 - Jul 21 60.0 57.1 58.0 59.6 66.6 89.7 94.4 69.4 Total 3 Yr 54.0 53.5 55.6 57.2 63.0 82.7 86.4 64.6 Occupancy (%) Sun Mon Tue Wed Thu Fri Sat Total Month Aug - 20 47.5 42.5 45.3 47.0 59.5 87.7 94.1 60.6 Sep - 20 66.7 49.1 46.1 50.3 60.1 89.8 96.6 64.4 Oct - 20 81.1 84.8 83.9 84.1 83.7 96.4 98.0 87.9 Nov - 20 56.8 52.5 59.4 62.6 72.0 91.7 93.7 68.8 Dec - 20 61.5 59.1 51.4 48.1 59.4 82.8 93.2 63.9 Jan - 21 32.0 18.1 17.8 18.4 22.2 74.6 82.0 40.3 Feb - 21 32.8 20.8 20.5 21.7 34.1 81.2 85.2 42.3 Mar - 21 62.6 54.8 54.5 57.5 60.8 91.6 97.2 67.2 Apr - 21 52.2 58.8 61.7 72.9 82.0 96.6 98.4 75.6 May - 21 65.6 62.3 68.1 65.1 69.0 90.2 97.2 74.0 Jun - 21 83.6 91.7 87.0 87.8 91.1 95.4 99.4 90.6 Jul - 21 87.6 95.2 98.6 97.6 92.1 96.6 98.7 95.3 Total Year 60.0 57.1 58.0 59.6 66.6 89.7 94.4 69.4 Three Year ADR Sun Mon Tue Wed Thu Fri Sat Total Year Aug 18 - Jul 19 115.08 112.46 109.87 113.10 117.24 148.97 149.05 126.44 Aug 19 - Jul 20 109.97 106.76 108.97 107.47 113.86 148.64 149.11 124.57 Aug 20 - Jul 21 127.75 126.23 126.82 126.39 131.09 178.60 181.04 147.64 Total 3 Yr 118.22 115.67 115.43 116.03 121.03 159.38 160.73 133.38 ADR Sun Mon Tue Wed Thu Fri Sat Total Month Aug - 20 97.78 100.14 101.20 99.45 100.74 135.29 138.92 116.23 Sep - 20 118.49 96.31 96.00 94.85 105.10 165.28 173.60 128.54 Oct - 20 122.59 124.63 126.59 127.82 129.06 197.70 200.22 152.21 Nov - 20 101.59 101.20 102.04 105.73 121.76 178.35 172.98 131.51 Dec - 20 131.13 134.82 127.19 123.03 139.69 151.89 166.38 141.46 Jan - 21 89.49 75.95 79.94 76.09 76.94 132.64 123.77 110.61 Feb - 21 91.69 75.92 77.62 76.05 78.16 121.08 127.87 105.37 Mar - 21 109.01 104.95 105.09 105.81 103.44 159.89 162.29 125.76 Apr - 21 113.64 117.67 117.95 121.26 132.12 194.33 200.29 151.05 May - 21 143.44 115.49 112.53 112.95 114.52 190.55 198.89 148.19 Jun - 21 156.21 163.78 159.26 158.07 160.07 221.46 227.63 178.14 Jul - 21 189.59 183.34 184.83 186.78 189.30 249.26 253.74 208.21 Total Year 127.75 126.23 126.82 126.39 131.09 178.60 181.04 147.64 Three Year RevPAR Sun Mon Tue Wed Thu Fri Sat Total Year Aug 18 - Jul 19 63.02 64.62 66.52 70.97 78.89 126.90 130.58 85.89 Aug 19 - Jul 20 52.04 48.97 52.55 52.79 62.85 109.23 114.99 70.60 Aug 20 - Jul 21 76.71 72.12 73.56 75.27 87.25 160.17 170.95 102.48 Total 3 Yr 63.86 61.86 64.17 66.35 76.20 131.80 138.86 86.23 RevPAR Sun Mon Tue Wed Thu Fri Sat Total Month Aug - 20 46.46 42.54 45.82 46.77 59.93 118.71 130.65 70.42 Sep - 20 79.00 47.30 44.21 47.74 63.12 148.46 167.65 82.73 Oct - 20 99.41 105.68 106.19 107.55 108.02 190.68 196.16 133.86 Nov - 20 57.70 53.14 60.65 66.23 87.64 163.59 162.14 90.51 Dec - 20 80.70 79.69 65.39 59.20 82.95 125.82 155.01 90.40 Jan - 21 28.61 13.76 14.26 14.00 17.11 98.97 101.51 44.58 Feb - 21 30.04 15.76 15.89 16.53 26.69 98.29 108.98 44.60 Mar - 21 68.27 57.55 57.33 60.83 62.87 146.42 157.80 84.51 Apr - 21 59.33 69.23 72.80 88.36 108.38 187.74 197.09 114.26 May - 21 94.16 71.92 76.60 73.50 79.03 171.88 193.23 109.70 Jun - 21 130.60 150.23 138.63 138.81 145.77 211.29 226.36 161.47 Jul - 21 166.15 174.55 182.15 182.33 174.35 240.86 250.49 198.36 Total Year 76.71 72.12 73.56 75.27 87.25 160.17 170.95 102.48

Tab 8 - Raw Data Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 Date Occupancy ADR RevPar Supply Demand Revenue Census & Sample % This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg Census Props Census Rooms % Rooms STAR Participants Jan 13 28.2 66.92 18.87 22,041 6,216 415,968 7 711 88.2 Feb 13 37.7 69.71 26.31 19,908 7,515 523,865 7 711 88.2 Mar 13 55.0 81.12 44.63 22,041 12,128 983,782 7 711 88.2 Apr 13 62.4 88.75 55.39 21,330 13,313 1,181,550 7 711 88.2 May 13 57.5 89.14 51.27 22,041 12,677 1,129,986 7 711 88.2 Jun 13 75.7 98.41 74.48 21,330 16,144 1,588,706 7 711 88.2 Jul 13 84.3 105.43 88.87 22,041 18,580 1,958,846 7 711 88.2 Aug 13 64.6 96.44 62.33 22,041 14,245 1,373,823 7 711 88.2 Sep 13 62.1 99.51 61.79 21,330 13,244 1,317,877 7 711 88.2 Oct 13 81.5 106.10 86.46 22,041 17,962 1,905,682 7 711 88.2 Nov 13 67.4 94.84 63.89 21,330 14,370 1,362,851 7 711 88.2 Dec 13 50.7 92.28 46.78 22,041 11,173 1,030,994 7 711 88.2 Jan 14 24.8 - 12.2 77.20 15.4 19.11 1.3 22,041 0.0 5,456 - 12.2 421,178 1.3 7 711 88.2 Feb 14 26.6 - 29.4 79.57 14.1 21.19 - 19.5 19,908 0.0 5,302 - 29.4 421,855 - 19.5 7 711 88.2 Mar 14 49.6 - 9.8 84.69 4.4 42.04 - 5.8 22,041 0.0 10,940 - 9.8 926,508 - 5.8 7 711 88.2 Apr 14 55.7 - 10.7 92.46 4.2 51.53 - 7.0 21,330 0.0 11,889 - 10.7 1,099,198 - 7.0 7 711 88.2 May 14 58.2 1.1 92.86 4.2 54.02 5.4 22,041 0.0 12,822 1.1 1,190,714 5.4 7 711 88.2 Jun 14 76.1 0.6 102.54 4.2 78.05 4.8 21,330 0.0 16,236 0.6 1,664,854 4.8 7 711 88.2 Jul 14 85.6 1.5 113.00 7.2 96.71 8.8 22,041 0.0 18,864 1.5 2,131,631 8.8 7 711 88.2 Aug 14 67.8 5.0 104.75 8.6 71.07 14.0 22,041 0.0 14,954 5.0 1,566,428 14.0 7 711 88.2 Sep 14 69.6 12.1 102.47 3.0 71.31 15.4 21,330 0.0 14,844 12.1 1,521,048 15.4 7 711 88.2 Oct 14 86.4 6.0 111.32 4.9 96.18 11.2 22,041 0.0 19,043 6.0 2,119,850 11.2 7 711 88.2 Nov 14 68.7 2.0 98.70 4.1 67.83 6.2 21,330 0.0 14,658 2.0 1,446,769 6.2 7 711 88.2 Dec 14 60.8 20.0 97.15 5.3 59.11 26.4 22,041 0.0 13,411 20.0 1,302,909 26.4 7 711 88.2 Jan 15 33.4 35.1 80.13 3.8 26.79 40.2 22,041 0.0 7,370 35.1 590,565 40.2 7 711 100.0 Feb 15 33.6 26.2 83.75 5.3 28.16 32.9 19,908 0.0 6,693 26.2 560,547 32.9 7 711 100.0 Mar 15 49.4 - 0.4 92.18 8.8 45.58 8.4 22,041 0.0 10,898 - 0.4 1,004,536 8.4 7 711 100.0 Apr 15 57.9 4.0 100.49 8.7 58.23 13.0 21,330 0.0 12,359 4.0 1,242,008 13.0 7 711 85.0 May 15 67.0 15.2 102.69 10.6 68.81 27.4 22,041 0.0 14,769 15.2 1,516,609 27.4 7 711 85.0 Jun 15 83.6 9.8 111.86 9.1 93.49 19.8 21,330 0.0 17,826 9.8 1,994,053 19.8 7 711 85.0 Jul 15 90.0 5.2 123.07 8.9 110.79 14.6 22,041 0.0 19,841 5.2 2,441,872 14.6 7 711 85.0 Aug 15 68.5 1.0 107.05 2.2 73.35 3.2 22,041 0.0 15,103 1.0 1,616,770 3.2 7 711 85.0 Sep 15 69.2 - 0.6 115.54 12.8 79.93 12.1 21,330 0.0 14,756 - 0.6 1,704,880 12.1 7 711 85.0 Oct 15 87.0 0.7 123.60 11.0 107.55 11.8 22,041 0.0 19,179 0.7 2,370,600 11.8 7 711 85.0 Nov 15 71.7 4.3 107.79 9.2 77.27 13.9 21,330 0.0 15,290 4.3 1,648,183 13.9 7 711 85.0 Dec 15 63.9 5.1 100.11 3.0 63.99 8.3 22,041 0.0 14,090 5.1 1,410,484 8.3 7 711 85.0 Jan 16 33.2 - 0.8 87.21 8.8 28.93 8.0 22,041 0.0 7,312 - 0.8 637,681 8.0 7 711 100.0 Feb 16 37.8 12.4 89.47 6.8 33.81 20.1 19,908 0.0 7,523 12.4 673,063 20.1 7 711 100.0 Mar 16 62.4 26.2 98.78 7.2 61.63 35.2 22,041 0.0 13,753 26.2 1,358,491 35.2 7 711 100.0 Apr 16 68.5 18.3 104.54 4.0 71.64 23.0 21,330 0.0 14,616 18.3 1,528,002 23.0 7 711 100.0 May 16 66.9 - 0.2 106.67 3.9 71.35 3.7 22,041 0.0 14,742 - 0.2 1,572,546 3.7 7 711 100.0 Jun 16 76.1 - 8.9 119.11 6.5 90.68 - 3.0 24,690 15.8 18,797 5.4 2,238,904 12.3 8 823 100.0 Jul 16 89.1 - 1.0 134.07 8.9 119.50 7.9 25,513 15.8 22,739 14.6 3,048,692 24.9 8 823 100.0 Aug 16 63.6 - 7.1 108.81 1.6 69.25 - 5.6 25,513 15.8 16,238 7.5 1,766,878 9.3 8 823 100.0 Sep 16 67.7 - 2.2 119.68 3.6 80.96 1.3 24,690 15.8 16,703 13.2 1,998,979 17.3 8 823 100.0 Oct 16 80.6 - 7.3 138.30 11.9 111.53 3.7 29,760 35.0 23,999 25.1 3,319,028 40.0 9 960 100.0 Nov 16 73.4 2.4 117.16 8.7 86.03 11.3 28,800 35.0 21,149 38.3 2,477,769 50.3 9 960 100.0 Dec 16 72.2 12.9 114.69 14.6 82.81 29.4 29,760 35.0 21,488 52.5 2,464,485 74.7 9 960 100.0 Jan 17 33.5 1.0 98.16 12.6 32.89 13.7 29,760 35.0 9,971 36.4 978,781 53.5 9 960 100.0

Tab 8 - Raw Data Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 Date Occupancy ADR RevPar Supply Demand Revenue Census & Sample % This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg Census Props Census Rooms % Rooms STAR Participants Feb 17 40.7 7.8 98.91 10.6 40.30 19.2 26,880 35.0 10,952 45.6 1,083,290 60.9 9 960 100.0 Mar 17 61.6 - 1.3 106.65 8.0 65.67 6.5 29,760 35.0 18,323 33.2 1,954,235 43.9 9 960 100.0 Apr 17 69.2 1.0 116.41 11.4 80.56 12.5 28,800 35.0 19,930 36.4 2,320,149 51.8 9 960 100.0 May 17 61.9 - 7.4 112.92 5.9 69.92 - 2.0 29,760 35.0 18,427 25.0 2,080,837 32.3 9 960 100.0 Jun 17 80.1 5.3 120.53 1.2 96.59 6.5 28,800 16.6 23,080 22.8 2,781,840 24.3 9 960 100.0 Jul 17 86.4 - 3.0 138.90 3.6 120.03 0.4 29,760 16.6 25,717 13.1 3,572,002 17.2 9 960 100.0 Aug 17 70.4 10.6 116.83 7.4 82.26 18.8 29,760 16.6 20,954 29.0 2,447,966 38.5 9 960 100.0 Sep 17 74.6 10.3 130.34 8.9 97.30 20.2 28,800 16.6 21,499 28.7 2,802,213 40.2 9 960 100.0 Oct 17 80.1 - 0.6 142.40 3.0 114.11 2.3 29,760 0.0 23,847 - 0.6 3,395,855 2.3 9 960 100.0 Nov 17 72.1 - 1.8 121.47 3.7 87.63 1.9 28,800 0.0 20,776 - 1.8 2,523,735 1.9 9 960 100.0 Dec 17 66.1 - 8.4 124.07 8.2 82.07 - 0.9 29,760 0.0 19,685 - 8.4 2,442,359 - 0.9 9 960 100.0 Jan 18 31.5 - 5.9 89.23 - 9.1 28.13 - 14.5 29,760 0.0 9,383 - 5.9 837,243 - 14.5 9 960 100.0 Feb 18 37.5 - 8.0 94.55 - 4.4 35.46 - 12.0 26,880 0.0 10,081 - 8.0 953,137 - 12.0 9 960 100.0 Mar 18 63.4 3.0 113.20 6.1 71.77 9.3 29,760 0.0 18,869 3.0 2,135,977 9.3 9 960 100.0 Apr 18 67.2 - 2.9 122.80 5.5 82.48 2.4 28,800 0.0 19,344 - 2.9 2,375,510 2.4 9 960 100.0 May 18 64.3 3.9 116.12 2.8 74.72 6.9 29,760 0.0 19,150 3.9 2,223,603 6.9 9 960 100.0 Jun 18 86.3 7.7 130.01 7.9 112.24 16.2 28,800 0.0 24,864 7.7 3,232,626 16.2 9 960 100.0 Jul 18 86.7 0.3 143.53 3.3 124.43 3.7 29,760 0.0 25,801 0.3 3,703,094 3.7 9 960 100.0 Aug 18 72.6 3.1 119.77 2.5 86.96 5.7 29,760 0.0 21,606 3.1 2,587,781 5.7 9 960 100.0 Sep 18 73.7 - 1.2 128.10 - 1.7 94.45 - 2.9 28,800 0.0 21,236 - 1.2 2,720,234 - 2.9 9 960 100.0 Oct 18 85.5 6.7 145.85 2.4 124.69 9.3 29,760 0.0 25,443 6.7 3,710,856 9.3 9 960 100.0 Nov 18 74.3 3.0 128.37 5.7 95.42 8.9 28,800 0.0 21,408 3.0 2,748,046 8.9 9 960 100.0 Dec 18 63.2 - 4.4 125.27 1.0 79.18 - 3.5 29,760 0.0 18,811 - 4.4 2,356,510 - 3.5 9 960 100.0 Jan 19 33.2 5.3 93.35 4.6 31.00 10.2 29,760 0.0 9,883 5.3 922,624 10.2 9 960 100.0 Feb 19 40.8 8.8 99.09 4.8 40.43 14.0 26,880 0.0 10,968 8.8 1,086,845 14.0 9 960 100.0 Mar 19 65.1 2.7 115.20 1.8 75.01 4.5 33,139 11.4 21,577 14.4 2,485,680 16.4 10 1,069 100.0 Apr 19 65.8 - 2.1 119.25 - 2.9 78.44 - 4.9 32,070 11.4 21,096 9.1 2,515,716 5.9 10 1,069 100.0 May 19 64.2 - 0.2 121.11 4.3 77.80 4.1 33,139 11.4 21,289 11.2 2,578,360 16.0 10 1,069 100.0 Jun 19 83.8 - 3.0 134.30 3.3 112.50 0.2 32,070 11.4 26,866 8.1 3,607,995 11.6 10 1,069 100.0 Jul 19 88.0 1.5 144.26 0.5 126.98 2.0 33,139 11.4 29,170 13.1 4,208,013 13.6 10 1,069 100.0 Aug 19 72.8 0.3 122.08 1.9 88.89 2.2 33,139 11.4 24,130 11.7 2,945,789 13.8 10 1,069 100.0 Sep 19 74.3 0.7 124.79 - 2.6 92.69 - 1.9 32,070 11.4 23,821 12.2 2,972,659 9.3 10 1,069 100.0 Oct 19 84.8 - 0.8 145.69 - 0.1 123.52 - 0.9 33,139 11.4 28,097 10.4 4,093,443 10.3 10 1,069 100.0 Nov 19 72.4 - 2.6 130.94 2.0 94.78 - 0.7 32,070 11.4 23,215 8.4 3,039,716 10.6 10 1,069 100.0 Dec 19 65.1 3.0 135.67 8.3 88.36 11.6 30,535 2.6 19,886 5.7 2,698,018 14.5 9 985 100.0 Jan 20 38.9 17.3 102.07 9.3 39.75 28.2 30,535 2.6 11,891 20.3 1,213,680 31.5 9 985 100.0 Feb 20 43.2 5.9 103.55 4.5 44.76 10.7 27,580 2.6 11,923 8.7 1,234,571 13.6 9 985 100.0 Mar 20 26.1 - 59.9 100.60 - 12.7 26.29 - 64.9 30,535 - 7.9 7,981 - 63.0 802,869 - 67.7 9 985 100.0 Apr 20 6.8 - 89.6 83.84 - 29.7 5.73 - 92.7 25,440 - 20.7 1,738 - 91.8 145,720 - 94.2 8 848 53.3 May 20 32.3 - 49.7 101.65 - 16.1 32.84 - 57.8 30,535 - 7.9 9,865 - 53.7 1,002,732 - 61.1 9 985 100.0 Jun 20 74.5 - 11.0 116.99 - 12.9 87.21 - 22.5 29,550 - 7.9 22,028 - 18.0 2,577,028 - 28.6 9 985 100.0 Jul 20 74.2 - 15.7 136.33 - 5.5 101.12 - 20.4 30,535 - 7.9 22,650 - 22.4 3,087,803 - 26.6 9 985 100.0 Aug 20 60.6 - 16.8 116.23 - 4.8 70.42 - 20.8 30,535 - 7.9 18,502 - 23.3 2,150,405 - 27.0 9 985 100.0 Sep 20 64.4 - 13.3 128.54 3.0 82.73 - 10.8 29,550 - 7.9 19,019 - 20.2 2,444,616 - 17.8 9 985 100.0 Oct 20 87.9 3.7 152.21 4.5 133.86 8.4 30,535 - 7.9 26,853 - 4.4 4,087,325 - 0.1 9 985 100.0 Nov 20 68.8 - 4.9 131.51 0.4 90.51 - 4.5 29,550 - 7.9 20,336 - 12.4 2,674,452 - 12.0 9 985 100.0 Dec 20 63.9 - 1.9 141.46 4.3 90.40 2.3 30,535 0.0 19,514 - 1.9 2,760,505 2.3 9 985 100.0 Jan 21 40.3 3.5 110.61 8.4 44.58 12.2 30,535 0.0 12,307 3.5 1,361,269 12.2 9 985 100.0 Feb 21 42.3 - 2.1 105.37 1.8 44.60 - 0.4 27,580 0.0 11,673 - 2.1 1,229,959 - 0.4 9 985 100.0

Tab 8 - Raw Data Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2021 STR, LLC / STR Global, Ltd. trading as “STR”. © CoStar Realty Information, Inc. Date Occupancy ADR RevPar Supply Demand Revenue Census & Sample % This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg Census Props Census Rooms % Rooms STAR Participants Mar 21 67.2 157.1 125.76 25.0 84.51 221.4 30,535 0.0 20,520 157.1 2,580,653 221.4 9 985 100.0 Apr 21 75.6 ###### 151.05 80.2 114.26 ###### 29,550 16.2 22,353 ###### 3,376,415 ###### 9 985 100.0 May 21 74.0 129.1 148.19 45.8 109.70 234.1 30,535 0.0 22,604 129.1 3,349,659 234.1 9 985 100.0 Jun 21 90.6 21.6 178.14 52.3 161.47 85.2 29,550 0.0 26,785 21.6 4,771,570 85.2 9 985 100.0 Jul 21 95.3 28.4 208.21 52.7 198.36 96.2 30,535 0.0 29,090 28.4 6,056,965 96.2 9 985 100.0

Tab 9 - Classic Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 Date Occupancy ADR RevPar Supply Demand Revenue Census & Sample % This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg Census Props Census Rooms % Rooms STAR Participants Jan 13 28.2 66.92 18.87 22,041 6,216 415,968 7 711 88.2 Feb 13 37.7 69.71 26.31 19,908 7,515 523,865 7 711 88.2 Mar 13 55.0 81.12 44.63 22,041 12,128 983,782 7 711 88.2 Apr 13 62.4 88.75 55.39 21,330 13,313 1,181,550 7 711 88.2 May 13 57.5 89.14 51.27 22,041 12,677 1,129,986 7 711 88.2 Jun 13 75.7 98.41 74.48 21,330 16,144 1,588,706 7 711 88.2 Jul 13 84.3 105.43 88.87 22,041 18,580 1,958,846 7 711 88.2 Aug 13 64.6 96.44 62.33 22,041 14,245 1,373,823 7 711 88.2 Sep 13 62.1 99.51 61.79 21,330 13,244 1,317,877 7 711 88.2 Oct 13 81.5 106.10 86.46 22,041 17,962 1,905,682 7 711 88.2 Nov 13 67.4 94.84 63.89 21,330 14,370 1,362,851 7 711 88.2 Dec 13 50.7 92.28 46.78 22,041 11,173 1,030,994 7 711 88.2 Jul YTD 2013 Total 2013 57.4 60.7 89.90 93.76 51.63 56.93 150,732 259,515 86,573 157,567 7,782,703 14,773,930 Jan 14 24.8 - 12.2 77.20 15.4 19.11 1.3 22,041 0.0 5,456 - 12.2 421,178 1.3 7 711 88.2 Feb 14 26.6 - 29.4 79.57 14.1 21.19 - 19.5 19,908 0.0 5,302 - 29.4 421,855 - 19.5 7 711 88.2 Mar 14 49.6 - 9.8 84.69 4.4 42.04 - 5.8 22,041 0.0 10,940 - 9.8 926,508 - 5.8 7 711 88.2 Apr 14 55.7 - 10.7 92.46 4.2 51.53 - 7.0 21,330 0.0 11,889 - 10.7 1,099,198 - 7.0 7 711 88.2 May 14 58.2 1.1 92.86 4.2 54.02 5.4 22,041 0.0 12,822 1.1 1,190,714 5.4 7 711 88.2 Jun 14 76.1 0.6 102.54 4.2 78.05 4.8 21,330 0.0 16,236 0.6 1,664,854 4.8 7 711 88.2 Jul 14 85.6 1.5 113.00 7.2 96.71 8.8 22,041 0.0 18,864 1.5 2,131,631 8.8 7 711 88.2 Aug 14 67.8 5.0 104.75 8.6 71.07 14.0 22,041 0.0 14,954 5.0 1,566,428 14.0 7 711 88.2 Sep 14 69.6 12.1 102.47 3.0 71.31 15.4 21,330 0.0 14,844 12.1 1,521,048 15.4 7 711 88.2 Oct 14 86.4 6.0 111.32 4.9 96.18 11.2 22,041 0.0 19,043 6.0 2,119,850 11.2 7 711 88.2 Nov 14 68.7 2.0 98.70 4.1 67.83 6.2 21,330 0.0 14,658 2.0 1,446,769 6.2 7 711 88.2 Dec 14 60.8 20.0 97.15 5.3 59.11 26.4 22,041 0.0 13,411 20.0 1,302,909 26.4 7 711 88.2 Jul YTD 2014 Total 2014 54.1 61.0 - 5.8 0.5 96.38 7.2 99.82 6.5 52.12 0.9 60.93 7.0 150,732 259,515 0.0 0.0 81,509 158,419 - 5.8 0.5 7,855,938 15,812,942 0.9 7.0 Jan 15 33.4 35.1 80.13 3.8 26.79 40.2 22,041 0.0 7,370 35.1 590,565 40.2 7 711 100.0 Feb 15 33.6 26.2 83.75 5.3 28.16 32.9 19,908 0.0 6,693 26.2 560,547 32.9 7 711 100.0 Mar 15 49.4 - 0.4 92.18 8.8 45.58 8.4 22,041 0.0 10,898 - 0.4 1,004,536 8.4 7 711 100.0 Apr 15 57.9 4.0 100.49 8.7 58.23 13.0 21,330 0.0 12,359 4.0 1,242,008 13.0 7 711 85.0 May 15 67.0 15.2 102.69 10.6 68.81 27.4 22,041 0.0 14,769 15.2 1,516,609 27.4 7 711 85.0 Jun 15 83.6 9.8 111.86 9.1 93.49 19.8 21,330 0.0 17,826 9.8 1,994,053 19.8 7 711 85.0 Jul 15 90.0 5.2 123.07 8.9 110.79 14.6 22,041 0.0 19,841 5.2 2,441,872 14.6 7 711 85.0 Aug 15 68.5 1.0 107.05 2.2 73.35 3.2 22,041 0.0 15,103 1.0 1,616,770 3.2 7 711 85.0 Sep 15 69.2 - 0.6 115.54 12.8 79.93 12.1 21,330 0.0 14,756 - 0.6 1,704,880 12.1 7 711 85.0 Oct 15 87.0 0.7 123.60 11.0 107.55 11.8 22,041 0.0 19,179 0.7 2,370,600 11.8 7 711 85.0 Nov 15 71.7 4.3 107.79 9.2 77.27 13.9 21,330 0.0 15,290 4.3 1,648,183 13.9 7 711 85.0 Dec 15 63.9 5.1 100.11 3.0 63.99 8.3 22,041 0.0 14,090 5.1 1,410,484 8.3 7 711 85.0 Jul YTD 2015 Total 2015 59.5 64.8 10.1 6.2 104.17 8.1 107.63 7.8 62.03 19.0 69.75 14.5 150,732 259,515 0.0 0.0 89,756 168,174 10.1 6.2 9,350,190 18,101,107 19.0 14.5 Jan 16 33.2 - 0.8 87.21 8.8 28.93 8.0 22,041 0.0 7,312 - 0.8 637,681 8.0 7 711 100.0 Feb 16 37.8 12.4 89.47 6.8 33.81 20.1 19,908 0.0 7,523 12.4 673,063 20.1 7 711 100.0 Mar 16 62.4 26.2 98.78 7.2 61.63 35.2 22,041 0.0 13,753 26.2 1,358,491 35.2 7 711 100.0 Apr 16 68.5 18.3 104.54 4.0 71.64 23.0 21,330 0.0 14,616 18.3 1,528,002 23.0 7 711 100.0 May 16 66.9 - 0.2 106.67 3.9 71.35 3.7 22,041 0.0 14,742 - 0.2 1,572,546 3.7 7 711 100.0 Jun 16 76.1 - 8.9 119.11 6.5 90.68 - 3.0 24,690 15.8 18,797 5.4 2,238,904 12.3 8 823 100.0 Jul 16 89.1 - 1.0 134.07 8.9 119.50 7.9 25,513 15.8 22,739 14.6 3,048,692 24.9 8 823 100.0 Aug 16 63.6 - 7.1 108.81 1.6 69.25 - 5.6 25,513 15.8 16,238 7.5 1,766,878 9.3 8 823 100.0 Sep 16 67.7 - 2.2 119.68 3.6 80.96 1.3 24,690 15.8 16,703 13.2 1,998,979 17.3 8 823 100.0 Oct 16 80.6 - 7.3 138.30 11.9 111.53 3.7 29,760 35.0 23,999 25.1 3,319,028 40.0 9 960 100.0 Nov 16 73.4 2.4 117.16 8.7 86.03 11.3 28,800 35.0 21,149 38.3 2,477,769 50.3 9 960 100.0

Tab 9 - Classic Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 Date Occupancy ADR RevPar Supply Demand Revenue Census & Sample % This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg Census Props Census Rooms % Rooms STAR Participants Dec 16 72.2 12.9 114.69 14.6 82.81 29.4 29,760 35.0 21,488 52.5 2,464,485 74.7 9 960 100.0 Jul YTD 2016 Total 2016 63.1 67.2 6.0 3.7 111.15 115.97 6.7 7.7 70.18 13.1 77.97 11.8 157,564 296,087 4.5 14.1 99,482 199,059 10.8 18.4 11,057,379 23,084,518 18.3 27.5 Jan 17 33.5 1.0 98.16 12.6 32.89 13.7 29,760 35.0 9,971 36.4 978,781 53.5 9 960 100.0 Feb 17 40.7 7.8 98.91 10.6 40.30 19.2 26,880 35.0 10,952 45.6 1,083,290 60.9 9 960 100.0 Mar 17 61.6 - 1.3 106.65 8.0 65.67 6.5 29,760 35.0 18,323 33.2 1,954,235 43.9 9 960 100.0 Apr 17 69.2 1.0 116.41 11.4 80.56 12.5 28,800 35.0 19,930 36.4 2,320,149 51.8 9 960 100.0 May 17 61.9 - 7.4 112.92 5.9 69.92 - 2.0 29,760 35.0 18,427 25.0 2,080,837 32.3 9 960 100.0 Jun 17 80.1 5.3 120.53 1.2 96.59 6.5 28,800 16.6 23,080 22.8 2,781,840 24.3 9 960 100.0 Jul 17 86.4 - 3.0 138.90 3.6 120.03 0.4 29,760 16.6 25,717 13.1 3,572,002 17.2 9 960 100.0 Aug 17 70.4 10.6 116.83 7.4 82.26 18.8 29,760 16.6 20,954 29.0 2,447,966 38.5 9 960 100.0 Sep 17 74.6 10.3 130.34 8.9 97.30 20.2 28,800 16.6 21,499 28.7 2,802,213 40.2 9 960 100.0 Oct 17 80.1 - 0.6 142.40 3.0 114.11 2.3 29,760 0.0 23,847 - 0.6 3,395,855 2.3 9 960 100.0 Nov 17 72.1 - 1.8 121.47 3.7 87.63 1.9 28,800 0.0 20,776 - 1.8 2,523,735 1.9 9 960 100.0 Dec 17 66.1 - 8.4 124.07 8.2 82.07 - 0.9 29,760 0.0 19,685 - 8.4 2,442,359 - 0.9 9 960 100.0 Jul YTD 2017 Total 2017 62.1 66.5 - 1.6 - 1.0 116.86 121.73 5.1 5.0 72.58 3.4 81.00 3.9 203,520 350,400 29.2 18.3 126,400 233,161 27.1 17.1 14,771,134 28,383,262 33.6 23.0 Jan 18 31.5 - 5.9 89.23 - 9.1 28.13 - 14.5 29,760 0.0 9,383 - 5.9 837,243 - 14.5 9 960 100.0 Feb 18 37.5 - 8.0 94.55 - 4.4 35.46 - 12.0 26,880 0.0 10,081 - 8.0 953,137 - 12.0 9 960 100.0 Mar 18 63.4 3.0 113.20 6.1 71.77 9.3 29,760 0.0 18,869 3.0 2,135,977 9.3 9 960 100.0 Apr 18 67.2 - 2.9 122.80 5.5 82.48 2.4 28,800 0.0 19,344 - 2.9 2,375,510 2.4 9 960 100.0 May 18 64.3 3.9 116.12 2.8 74.72 6.9 29,760 0.0 19,150 3.9 2,223,603 6.9 9 960 100.0 Jun 18 86.3 7.7 130.01 7.9 112.24 16.2 28,800 0.0 24,864 7.7 3,232,626 16.2 9 960 100.0 Jul 18 86.7 0.3 143.53 3.3 124.43 3.7 29,760 0.0 25,801 0.3 3,703,094 3.7 9 960 100.0 Aug 18 72.6 3.1 119.77 2.5 86.96 5.7 29,760 0.0 21,606 3.1 2,587,781 5.7 9 960 100.0 Sep 18 73.7 - 1.2 128.10 - 1.7 94.45 - 2.9 28,800 0.0 21,236 - 1.2 2,720,234 - 2.9 9 960 100.0 Oct 18 85.5 6.7 145.85 2.4 124.69 9.3 29,760 0.0 25,443 6.7 3,710,856 9.3 9 960 100.0 Nov 18 74.3 3.0 128.37 5.7 95.42 8.9 28,800 0.0 21,408 3.0 2,748,046 8.9 9 960 100.0 Dec 18 63.2 - 4.4 125.27 1.0 79.18 - 3.5 29,760 0.0 18,811 - 4.4 2,356,510 - 3.5 9 960 100.0 Jul YTD 2018 Total 2018 62.6 67.4 0.9 1.2 121.27 125.36 3.8 3.0 75.97 4.7 84.43 4.2 203,520 350,400 0.0 0.0 127,492 235,996 0.9 1.2 15,461,190 29,584,617 4.7 4.2 Jan 19 33.2 5.3 93.35 4.6 31.00 10.2 29,760 0.0 9,883 5.3 922,624 10.2 9 960 100.0 Feb 19 40.8 8.8 99.09 4.8 40.43 14.0 26,880 0.0 10,968 8.8 1,086,845 14.0 9 960 100.0 Mar 19 65.1 2.7 115.20 1.8 75.01 4.5 33,139 11.4 21,577 14.4 2,485,680 16.4 10 1,069 100.0 Apr 19 65.8 - 2.1 119.25 - 2.9 78.44 - 4.9 32,070 11.4 21,096 9.1 2,515,716 5.9 10 1,069 100.0 May 19 64.2 - 0.2 121.11 4.3 77.80 4.1 33,139 11.4 21,289 11.2 2,578,360 16.0 10 1,069 100.0 Jun 19 83.8 - 3.0 134.30 3.3 112.50 0.2 32,070 11.4 26,866 8.1 3,607,995 11.6 10 1,069 100.0 Jul 19 88.0 1.5 144.26 0.5 126.98 2.0 33,139 11.4 29,170 13.1 4,208,013 13.6 10 1,069 100.0 Aug 19 72.8 0.3 122.08 1.9 88.89 2.2 33,139 11.4 24,130 11.7 2,945,789 13.8 10 1,069 100.0 Sep 19 74.3 0.7 124.79 - 2.6 92.69 - 1.9 32,070 11.4 23,821 12.2 2,972,659 9.3 10 1,069 100.0 Oct 19 84.8 - 0.8 145.69 - 0.1 123.52 - 0.9 33,139 11.4 28,097 10.4 4,093,443 10.3 10 1,069 100.0 Nov 19 72.4 - 2.6 130.94 2.0 94.78 - 0.7 32,070 11.4 23,215 8.4 3,039,716 10.6 10 1,069 100.0 Dec 19 65.1 3.0 135.67 8.3 88.36 11.6 30,535 2.6 19,886 5.7 2,698,018 14.5 9 985 100.0 Jul YTD 2019 Total 2019 64.0 68.2 2.1 1.3 123.57 127.52 1.9 1.7 79.04 4.0 86.99 3.0 220,197 381,150 8.2 8.8 140,849 259,998 10.5 10.2 17,405,233 33,154,858 12.6 12.1 Jan 20 38.9 17.3 102.07 9.3 39.75 28.2 30,535 2.6 11,891 20.3 1,213,680 31.5 9 985 100.0 Feb 20 43.2 5.9 103.55 4.5 44.76 10.7 27,580 2.6 11,923 8.7 1,234,571 13.6 9 985 100.0 Mar 20 26.1 - 59.9 100.60 - 12.7 26.29 - 64.9 30,535 - 7.9 7,981 - 63.0 802,869 - 67.7 9 985 100.0 Apr 20 6.8 - 89.6 83.84 - 29.7 5.73 - 92.7 25,440 - 20.7 1,738 - 91.8 145,720 - 94.2 8 848 53.3 May 20 32.3 - 49.7 101.65 - 16.1 32.84 - 57.8 30,535 - 7.9 9,865 - 53.7 1,002,732 - 61.1 9 985 100.0 Jun 20 74.5 - 11.0 116.99 - 12.9 87.21 - 22.5 29,550 - 7.9 22,028 - 18.0 2,577,028 - 28.6 9 985 100.0 Jul 20 74.2 - 15.7 136.33 - 5.5 101.12 - 20.4 30,535 - 7.9 22,650 - 22.4 3,087,803 - 26.6 9 985 100.0 Aug 20 60.6 - 16.8 116.23 - 4.8 70.42 - 20.8 30,535 - 7.9 18,502 - 23.3 2,150,405 - 27.0 9 985 100.0

Tab 9 - Classic Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2021 STR, LLC / STR Global, Ltd. trading as “STR”. © CoStar Realty Information, Inc. Date Occupancy ADR RevPar Supply Demand Revenue Census & Sample % This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg This Year % Chg Census Props Census Rooms % Rooms STAR Participants Sep 20 64.4 - 13.3 128.54 3.0 82.73 - 10.8 29,550 - 7.9 19,019 - 20.2 2,444,616 - 17.8 9 985 100.0 Oct 20 87.9 3.7 152.21 4.5 133.86 8.4 30,535 - 7.9 26,853 - 4.4 4,087,325 - 0.1 9 985 100.0 Nov 20 68.8 - 4.9 131.51 0.4 90.51 - 4.5 29,550 - 7.9 20,336 - 12.4 2,674,452 - 12.0 9 985 100.0 Dec 20 63.9 - 1.9 141.46 4.3 90.40 2.3 30,535 0.0 19,514 - 1.9 2,760,505 2.3 9 985 100.0 Jul YTD 2020 Total 2020 43.0 54.1 - 32.7 - 20.7 114.27 125.75 - 7.5 - 1.4 49.16 68.04 - 37.8 - 21.8 204,710 355,415 - 7.0 - 6.8 88,076 192,300 - 37.5 - 26.0 10,064,403 24,181,706 - 42.2 - 27.1 Jan 21 40.3 3.5 110.61 8.4 44.58 12.2 30,535 0.0 12,307 3.5 1,361,269 12.2 9 985 100.0 Feb 21 42.3 - 2.1 105.37 1.8 44.60 - 0.4 27,580 0.0 11,673 - 2.1 1,229,959 - 0.4 9 985 100.0 Mar 21 67.2 157.1 125.76 25.0 84.51 221.4 30,535 0.0 20,520 157.1 2,580,653 221.4 9 985 100.0 Apr 21 75.6 ###### 151.05 80.2 114.26 ###### 29,550 16.2 22,353 ###### 3,376,415 ###### 9 985 100.0 May 21 74.0 129.1 148.19 45.8 109.70 234.1 30,535 0.0 22,604 129.1 3,349,659 234.1 9 985 100.0 Jun 21 90.6 21.6 178.14 52.3 161.47 85.2 29,550 0.0 26,785 21.6 4,771,570 85.2 9 985 100.0 Jul 21 95.3 28.4 208.21 52.7 198.36 96.2 30,535 0.0 29,090 28.4 6,056,965 96.2 9 985 100.0 Jul YTD 2021 69.6 61.8 156.38 36.8 108.83 121.4 208,820 2.0 145,332 65.0 22,726,490 125.8

Tab 10 - Response Report Pigeon Forge, TN Area Selected Properties Job Number: 1282893_SADIM Staff: GS Created: September 02, 2021 This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal ad vice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this rep ort and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2021 STR, LLC / STR Global, Ltd. trading as “STR”. © CoStar Realty Information, Inc. STR Code Name of Establishment City & State Zip Code Class Aff Date Open Date Rooms 2019 2020 2021 Chg in Rms Chg in Rms 1 Chg in Rms 2 Chg in Rms 3 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 21714 Comfort Inn Apple Valley Sevierville, TN 37862 Upper Midscale Class Jun 1991 Jun 1991 111 Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ 44000 Holiday Inn Express Pigeon Forge Sevierville Sevierville, TN 37862 Upper Midscale Class Dec 2015 Jun 2001 107 Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ 31341 Hampton by Hilton Inn & Suites Pigeon Forge On The Park Pigeon Forge, TN 37863 Upper Midscale Class Jul 1995 Jul 1995 100 Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ ż Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ 31552 44281 60426 61822 65149 65286 68466 Comfort Suites Mountain Mile Area Pigeon Forge Best Western Plus Mountain Melodies Inn & Suites SpringHill Suites Pigeon Forge Hampton Inn Pigeon Forge Hilton Garden Inn Pigeon Forge Courtyard Pigeon Forge Fairfield Inn & Suites Pigeon Forge Pigeon Forge, TN Pigeon Forge, TN Pigeon Forge, TN Pigeon Forge, TN Pigeon Forge, TN Pigeon Forge, TN Pigeon Forge, TN 37863 37863 37863 37863 37863 37863 37863 Upper Midscale Class Upper Midscale Class Upscale Class Upper Midscale Class Upscale Class Upscale Class Upper Midscale Class Total Oct 2002 Sep 2021 Apr 2010 Jun 2012 Jun 2016 May 2020 Mar 2019 Properties: Jul 1995 Jun 1995 Apr 2010 Jun 2012 Jun 2016 Oct 2016 Mar 2019 10 75 0 112 122 112 137 109 985 Y +84 (Aug' 21) - 84 (Dec' 19) ż ż ż ż ż ż ż ż ż ż ż Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ A

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