Wynn Resorts
Q1 2022 Earnings Call
May 10, 2022, 4:30 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Welcome to the Wynn Resorts first quarter 2022 earnings call. All participants are in a listen-only until the question-and-answer session of today's conference. [Operator instructions] Please limit yourself to one question and one follow-up question. This call is being recorded.
If you have any objections, you may disconnect at this time. I would now like to turn the call over to Julie Cameron-Doe, chief financial officer. Please go ahead.
Julie Cameron-Doe -- Chief Financial Officer
Thank you, operator, and good afternoon, everyone. On the call with me today are Craig Billings and Brian Gullbrants in Las Vegas. Also on the line are Ian Coughlan, Linda Chen, Ciaran Carruthers, Frederic Luvisutto, and Jenny Holaday. I want to remind you that we may make forward-looking statements under safe harbor federal securities laws, and those statements may or may not come true.
I will now turn the call over to Craig Billings.
Craig Billings -- Chief Executive Officer
Thanks, Julie, and afternoon, everyone. Thanks for joining us today. I'd like to start by welcoming our new CFO, Julie, who you just heard from, to the company and to her first earnings call with us. For those who don't know Julie yet, I think you'll enjoy getting to know her.
Welcome. Before we get to the specifics of the quarter, I want to take a moment to thank our outstanding team of 27,000 colleagues globally for their unrelenting focus on delivering the industry's best design, development, and service. That dedication was again recently recognized by Forbes Travel Guide with 24 Five-Star awards, the most of any independent hotel company in the world. Turning now to the quarter and starting in Las Vegas.
The team at Wynn Las Vegas had another great quarter despite the impact of omicron in January. The property generated $159 million of EBITDA with broad-based strength across casino, hotel, food and beverage, and retail, all well above pre-COVID levels. You may recall from the fourth quarter call that we expected the quarter to improve month over month and expected occupancy to reach the mid-80s in March. In fact, we actually hit 91% hotel occupancy in March, which contributed to an all-time record EBITDA result during the month.