our portfolio consists of resorts marketed under a number of different all-inclusive brands . hyatt ziva , panama jack and dreams are all-ages brands . sanctuary , hyatt zilara , the royal and secrets are adults-only brands . we have also entered into an exclusive agreement with panama jack that provides us with the right to develop and own , and or manage all-inclusive resorts under the panama jack brand in antigua , aruba , the bahamas , barbados , costa rica , the dominican republic , jamaica , mexico , panama , st. lucia and , subject to the lifting of various u.s. sanctions , cuba . we have rebranded two of our resorts under the panama jack brand , which both opened under the new brand in december 2017. we believe that these brands enable us to differentiate our resorts and attract a loyal guest base . we have a strategic relationship with hyatt , a global lodging company with widely recognized brands , pursuant to which we jointly developed the standards for the operation of the hyatt all-inclusive resort brands . we currently are the only hyatt-approved operator of the hyatt all-inclusive resort brands and we have rebranded five of our resorts under the hyatt all-inclusive resort brands since 2013. refer to “ item 1. business ” for a description of our contractual agreements with hyatt . in addition to creating potential future opportunities to expand our business , we believe that our strategic relationship with hyatt will further establish us as a leader in the all-inclusive resort business by providing our hyatt all-inclusive resort brand resorts access to hyatt 's distribution channels and guest base that includes leisure travelers . we believe that our strategic relationship with hyatt and the increasing awareness of our all-inclusive resort brands among potential guests will further enable us to increase the number of bookings made through lower cost sales channels , such as direct bookings through hyatt , with respect to our hyatt all-inclusive resort brand resorts , and our company and resort websites . for the year ended december 31 , 2017 , 30.6 % of the bookings at our hyatt all-inclusive resort brand resorts came from direct , group and world of hyatt ( previously hyatt gold passport ® ) sources . direct and group bookings from all of our resorts totaled 19.4 % . 46 results of operations years ended december 31 , 2017 and 2016 the following table summarizes our results of operations on a consolidated basis for the years ended december 31 , 2017 and 2016 : replace_table_token_5_th the following tables set forth information with respect to our occupancy , net package adr , net package revpar , net package revenue , net non-package revenue , management fee revenue , total net revenue and adjusted ebitda ( as defined below ) for the years ended december 31 , 2017 and 2016 . for a description of these operating metrics and non-u.s. gaap measures and a reconciliation of net package revenue , net non-package revenue , management fee revenue and total net revenue to total revenue as computed under u.s. gaap , see “ key indicators of financial and operating performance , ” below . for discussions of adjusted ebitda and reconciliation to the most comparable u.s. gaap financial measures , see “ key indicators of financial and operating performance ” and “ non-u.s. gaap financial measures , ” below . total portfolio replace_table_token_6_th 47 total revenue and total net revenue our total revenue for the year ended december 31 , 2017 increased $ 38.1 million , or 7.3 % , compared to the year ended december 31 , 2016 . our total net revenue ( which represents total revenue less compulsory tips paid to employees ) for the year ended december 31 , 2017 increased $ 37.2 million , or 7.3 % , compared to the year ended december 31 , 2016 . this increase was driven by an increase in net package revenue of $ 29.4 million , or 6.7 % , and an increase in net non-package revenue of $ 7.6 million , or 10.9 % . the increase in net package revenue was the result of an increase in net package adr of $ 16.40 , or 6.8 % , and an increase in average occupancy from 81.2 % to 81.4 % , the equivalent of an increase of $ 13.96 , or 7.1 % , in net package revpar . the following table shows a reconciliation of net package revenue , net non-package revenue , and management fee revenue to total revenue for the years ended december 31 , 2017 and 2016 : replace_table_token_7_th direct expenses the following table shows a reconciliation of our direct expenses to net direct expenses for the years ended december 31 , 2017 and 2016 ( $ in thousands ) : replace_table_token_8_th our direct expenses include resort expenses , such as food and beverage , salaries and wages , utilities and other ongoing operational expenses . our net direct expenses ( which represents total direct expenses less compulsory tips paid to employees ) for the year ended december 31 , 2017 were $ 296.7 million , or 54.3 % , of total net revenue and $ 274.7 million , or 54.0 % , of total net revenue for the year ended december 31 , 2016 . 48 net direct expenses for the year ended december 31 , 2017 increased $ 22.0 million , or 8.0 % , compared to the year ended december 31 , 2016 . direct operating expenses fluctuate based on various factors , including changes in occupancy , labor costs , utilities , repair and maintenance costs and license and property taxes . management fees and franchise fees , which are computed as a percentage of revenue , increased as a result of higher revenues . story_separator_special_tag as a result , we believe these measures provide more consistent metrics for comparing the performance of our operating resorts . we calculate comparable adjusted ebitda , comparable total net revenue , comparable net package revenue and comparable net non-package revenue as the total amount of each respective measure less amounts attributable to non-comparable resorts , by which we mean resorts that were not owned or in operation during some or all of the relevant reporting period . for the year ended december 31 , 2017 compared to the year ended december 31 , 2016 , we had no non-comparable resorts as all of our resorts were owned and in operation for each period . for the year ended december 31 , 2016 compared to the year ended december 31 , 2015 , our non-comparable resorts were : hyatt ziva cancún , which closed on april 30 , 2014 for renovation and reopened on november 15 , 2015 ; and hyatt ziva los cabos , which closed on september 14 , 2014 following hurricane odile and reopened on september 15 , 2015. segment results years ended december 31 , 2017 and 2016 we evaluate our business segment operating performance using segment net revenue and segment adjusted ebitda . the following tables summarize segment net revenue and segment adjusted ebitda for the years ended december 31 , 2017 and 2016 : replace_table_token_18_th replace_table_token_19_th for a reconciliation of segment net revenue and segment adjusted ebitda to gross revenue and net ( loss ) income , respectively , each as computed under u.s. gaap , see note 17 to our consolidated financial statements . 58 yucatán peninsula the following tables set forth information with respect to our occupancy , net package adr , net package revpar , net package revenue , net non-package revenue , total net revenue and adjusted ebitda for our yucatán peninsula segment for the years ended december 31 , 2017 and 2016 for the total segment portfolio . replace_table_token_20_th segment total net revenue . our total net revenue for the year ended december 31 , 2017 increased $ 20.1 million , or 8.1 % , compared to the year ended december 31 , 2016 . this increase was primarily due to strong performance of hyatt ziva cancun , which accounted for a $ 19.6 million increase in total net revenue compared to the year ended december 31 , 2016 due to its increase in both net package adr and occupancy compared to prior year . segment adjusted ebitda . our adjusted ebitda for the year ended december 31 , 2017 increased $ 4.8 million , or 4.4 % , compared to the year ended december 31 , 2016 . this increase was primarily the result of the performance of hyatt ziva cancun , which accounted for a $ 15.7 million increase in adjusted ebitda compared to the year ended december 31 , 2016 . this was partially offset by panama jack resorts cancun and panama jack resorts playa del carmen , which together accounted for a decrease of $ 9.5 million in adjusted ebitda compared to the year ended december 31 , 2016 . these resorts had an increase in operational expenses to advance the renovations and conversion of these resorts to the panama jack brand . the renovations were completed and the hotels were opened under the panama jack brand in december 2017. pacific coast the following tables set forth information with respect to our occupancy , net package adr , net package revpar , net package revenue , net non-package revenue , total net revenue and adjusted ebitda for our pacific coast segment for the years ended december 31 , 2017 and 2016 for the total segment portfolio . replace_table_token_21_th segment total net revenue . our total net revenue for the year ended december 31 , 2017 increased $ 12.2 million , or 16.2 % , compared to the year ended december 31 , 2016 . this increase was driven by an increase in net package adr and occupancy by both hotels in this segment . segment adjusted ebitda . our adjusted ebitda for the year ended december 31 , 2017 increased $ 8.4 million , or 32.5 % , compared to the year ended december 31 , 2016 . this increase was due to increased adjusted ebitda by both hotels in this segment . 59 caribbean basin the following table sets forth information with respect to our occupancy , net package adr , net package revpar , net package revenue , net non-package revenue , total net revenue and adjusted ebitda for our caribbean basin segment for the years ended december 31 , 2017 and 2016 for the total segment portfolio . replace_table_token_22_th segment total net revenue . our total net revenue for the year ended december 31 , 2017 increased $ 4.8 million , or 2.6 % , compared to the year ended december 31 , 2016 . this increase was due to the performance of hyatt ziva and hyatt zilara rose hall , which accounted for a $ 6.1 million increase in total net revenue compared to the year ended december 31 , 2016 . this was offset by a decrease of $ 1.3 million for the year ended december 31 , 2017 for the remaining resorts in the dominican republic compared to the year ended december 31 , 2016 . segment adjusted ebitda . our adjusted ebitda for the year ended december 31 , 2017 increased $ 3.0 million , or 6.0 % , compared to the year ended december 31 , 2016 . this increase was primarily due to the performance of hyatt ziva and hyatt zilara rose hall , which accounted for a $ 3.4 million increase in adjusted ebitda compared to the year ended december 31 , 2016 . this was partially offset by a decrease of $ 0.4 million for the year ended december 31 , 2017 for the remaining resorts in the dominican republic compared to the year

loss on extinguishment of debt the refinancings of our senior secured credit facility and the repayment of our senior notes due 2020 were accounted for as a partial modification and partial extinguishment of debt , which resulted in a lo ss on extinguishment of debt for the year ended december 31 , 2017 of $ 25.1 million . income tax provision the income tax provision for the year ended december 31 , 2017 was $ 9.1 million , an increase of $ 4.8 million compared to the year ended december 31 , 2016 , during which period we reported income tax expense of $ 4.2 million . the increased income tax provision was driven primarily by a $ 10.4 million increased tax expense associated with foreign exchange rate fluctuations , a $ 9.0 million increase on the valuation allowance and a $ 2.6 million increased tax expense on the measurement of the u.s. deferred tax assets pursuant to the u.s. tax rate change for tax years beginning after december 31 , 2017. the tax expense increase partially offset a $ 4.0 million decrease of tax expense on decreased pre-tax book income , a $ 1.4 million decreased tax expense associated with other book tax differences and a tax benefit of $ 4.6 million from the rate-favorable jurisdictions . the tax expense was further offset by a $ 7.8 million tax benefit on the reversal of the 2016 tax expense for one of our dominican republic entities pursuant to the advanced pricing agreement signed with dominican republic tax authorities in december 2017. this agreement is retroactive to 2016. adjusted ebitda our adjusted ebitda for the year ended december 31 , 2017 increased $ 16.2 million , or 10.5 % , compared to the year ended december 31 , 2016 . for discussions of adjusted ebitda and reconciliation to the most comparable u.s. gaap financial measures , see “ key indicators of financial and operating performance ” and “ non-u.s. gaap financial measures , ” below .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```loss on extinguishment of debt the refinancings of our senior secured credit facility and the repayment of our senior notes due 2020 were accounted for as a partial modification and partial extinguishment of debt , which resulted in a lo ss on extinguishment of debt for the year ended december 31 , 2017 of $ 25.1 million . income tax provision the income tax provision for the year ended december 31 , 2017 was $ 9.1 million , an increase of $ 4.8 million compared to the year ended december 31 , 2016 , during which period we reported income tax expense of $ 4.2 million . the increased income tax provision was driven primarily by a $ 10.4 million increased tax expense associated with foreign exchange rate fluctuations , a $ 9.0 million increase on the valuation allowance and a $ 2.6 million increased tax expense on the measurement of the u.s. deferred tax assets pursuant to the u.s. tax rate change for tax years beginning after december 31 , 2017. the tax expense increase partially offset a $ 4.0 million decrease of tax expense on decreased pre-tax book income , a $ 1.4 million decreased tax expense associated with other book tax differences and a tax benefit of $ 4.6 million from the rate-favorable jurisdictions . the tax expense was further offset by a $ 7.8 million tax benefit on the reversal of the 2016 tax expense for one of our dominican republic entities pursuant to the advanced pricing agreement signed with dominican republic tax authorities in december 2017. this agreement is retroactive to 2016. adjusted ebitda our adjusted ebitda for the year ended december 31 , 2017 increased $ 16.2 million , or 10.5 % , compared to the year ended december 31 , 2016 . for discussions of adjusted ebitda and reconciliation to the most comparable u.s. gaap financial measures , see “ key indicators of financial and operating performance ” and “ non-u.s. gaap financial measures , ” below .
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 Suspicious Activity Report : our portfolio consists of resorts marketed under a number of different all-inclusive brands . hyatt ziva , panama jack and dreams are all-ages brands . sanctuary , hyatt zilara , the royal and secrets are adults-only brands . we have also entered into an exclusive agreement with panama jack that provides us with the right to develop and own , and or manage all-inclusive resorts under the panama jack brand in antigua , aruba , the bahamas , barbados , costa rica , the dominican republic , jamaica , mexico , panama , st. lucia and , subject to the lifting of various u.s. sanctions , cuba . we have rebranded two of our resorts under the panama jack brand , which both opened under the new brand in december 2017. we believe that these brands enable us to differentiate our resorts and attract a loyal guest base . we have a strategic relationship with hyatt , a global lodging company with widely recognized brands , pursuant to which we jointly developed the standards for the operation of the hyatt all-inclusive resort brands . we currently are the only hyatt-approved operator of the hyatt all-inclusive resort brands and we have rebranded five of our resorts under the hyatt all-inclusive resort brands since 2013. refer to “ item 1. business ” for a description of our contractual agreements with hyatt . in addition to creating potential future opportunities to expand our business , we believe that our strategic relationship with hyatt will further establish us as a leader in the all-inclusive resort business by providing our hyatt all-inclusive resort brand resorts access to hyatt 's distribution channels and guest base that includes leisure travelers . we believe that our strategic relationship with hyatt and the increasing awareness of our all-inclusive resort brands among potential guests will further enable us to increase the number of bookings made through lower cost sales channels , such as direct bookings through hyatt , with respect to our hyatt all-inclusive resort brand resorts , and our company and resort websites . for the year ended december 31 , 2017 , 30.6 % of the bookings at our hyatt all-inclusive resort brand resorts came from direct , group and world of hyatt ( previously hyatt gold passport ® ) sources . direct and group bookings from all of our resorts totaled 19.4 % . 46 results of operations years ended december 31 , 2017 and 2016 the following table summarizes our results of operations on a consolidated basis for the years ended december 31 , 2017 and 2016 : replace_table_token_5_th the following tables set forth information with respect to our occupancy , net package adr , net package revpar , net package revenue , net non-package revenue , management fee revenue , total net revenue and adjusted ebitda ( as defined below ) for the years ended december 31 , 2017 and 2016 . for a description of these operating metrics and non-u.s. gaap measures and a reconciliation of net package revenue , net non-package revenue , management fee revenue and total net revenue to total revenue as computed under u.s. gaap , see “ key indicators of financial and operating performance , ” below . for discussions of adjusted ebitda and reconciliation to the most comparable u.s. gaap financial measures , see “ key indicators of financial and operating performance ” and “ non-u.s. gaap financial measures , ” below . total portfolio replace_table_token_6_th 47 total revenue and total net revenue our total revenue for the year ended december 31 , 2017 increased $ 38.1 million , or 7.3 % , compared to the year ended december 31 , 2016 . our total net revenue ( which represents total revenue less compulsory tips paid to employees ) for the year ended december 31 , 2017 increased $ 37.2 million , or 7.3 % , compared to the year ended december 31 , 2016 . this increase was driven by an increase in net package revenue of $ 29.4 million , or 6.7 % , and an increase in net non-package revenue of $ 7.6 million , or 10.9 % . the increase in net package revenue was the result of an increase in net package adr of $ 16.40 , or 6.8 % , and an increase in average occupancy from 81.2 % to 81.4 % , the equivalent of an increase of $ 13.96 , or 7.1 % , in net package revpar . the following table shows a reconciliation of net package revenue , net non-package revenue , and management fee revenue to total revenue for the years ended december 31 , 2017 and 2016 : replace_table_token_7_th direct expenses the following table shows a reconciliation of our direct expenses to net direct expenses for the years ended december 31 , 2017 and 2016 ( $ in thousands ) : replace_table_token_8_th our direct expenses include resort expenses , such as food and beverage , salaries and wages , utilities and other ongoing operational expenses . our net direct expenses ( which represents total direct expenses less compulsory tips paid to employees ) for the year ended december 31 , 2017 were $ 296.7 million , or 54.3 % , of total net revenue and $ 274.7 million , or 54.0 % , of total net revenue for the year ended december 31 , 2016 . 48 net direct expenses for the year ended december 31 , 2017 increased $ 22.0 million , or 8.0 % , compared to the year ended december 31 , 2016 . direct operating expenses fluctuate based on various factors , including changes in occupancy , labor costs , utilities , repair and maintenance costs and license and property taxes . management fees and franchise fees , which are computed as a percentage of revenue , increased as a result of higher revenues . story_separator_special_tag as a result , we believe these measures provide more consistent metrics for comparing the performance of our operating resorts . we calculate comparable adjusted ebitda , comparable total net revenue , comparable net package revenue and comparable net non-package revenue as the total amount of each respective measure less amounts attributable to non-comparable resorts , by which we mean resorts that were not owned or in operation during some or all of the relevant reporting period . for the year ended december 31 , 2017 compared to the year ended december 31 , 2016 , we had no non-comparable resorts as all of our resorts were owned and in operation for each period . for the year ended december 31 , 2016 compared to the year ended december 31 , 2015 , our non-comparable resorts were : hyatt ziva cancún , which closed on april 30 , 2014 for renovation and reopened on november 15 , 2015 ; and hyatt ziva los cabos , which closed on september 14 , 2014 following hurricane odile and reopened on september 15 , 2015. segment results years ended december 31 , 2017 and 2016 we evaluate our business segment operating performance using segment net revenue and segment adjusted ebitda . the following tables summarize segment net revenue and segment adjusted ebitda for the years ended december 31 , 2017 and 2016 : replace_table_token_18_th replace_table_token_19_th for a reconciliation of segment net revenue and segment adjusted ebitda to gross revenue and net ( loss ) income , respectively , each as computed under u.s. gaap , see note 17 to our consolidated financial statements . 58 yucatán peninsula the following tables set forth information with respect to our occupancy , net package adr , net package revpar , net package revenue , net non-package revenue , total net revenue and adjusted ebitda for our yucatán peninsula segment for the years ended december 31 , 2017 and 2016 for the total segment portfolio . replace_table_token_20_th segment total net revenue . our total net revenue for the year ended december 31 , 2017 increased $ 20.1 million , or 8.1 % , compared to the year ended december 31 , 2016 . this increase was primarily due to strong performance of hyatt ziva cancun , which accounted for a $ 19.6 million increase in total net revenue compared to the year ended december 31 , 2016 due to its increase in both net package adr and occupancy compared to prior year . segment adjusted ebitda . our adjusted ebitda for the year ended december 31 , 2017 increased $ 4.8 million , or 4.4 % , compared to the year ended december 31 , 2016 . this increase was primarily the result of the performance of hyatt ziva cancun , which accounted for a $ 15.7 million increase in adjusted ebitda compared to the year ended december 31 , 2016 . this was partially offset by panama jack resorts cancun and panama jack resorts playa del carmen , which together accounted for a decrease of $ 9.5 million in adjusted ebitda compared to the year ended december 31 , 2016 . these resorts had an increase in operational expenses to advance the renovations and conversion of these resorts to the panama jack brand . the renovations were completed and the hotels were opened under the panama jack brand in december 2017. pacific coast the following tables set forth information with respect to our occupancy , net package adr , net package revpar , net package revenue , net non-package revenue , total net revenue and adjusted ebitda for our pacific coast segment for the years ended december 31 , 2017 and 2016 for the total segment portfolio . replace_table_token_21_th segment total net revenue . our total net revenue for the year ended december 31 , 2017 increased $ 12.2 million , or 16.2 % , compared to the year ended december 31 , 2016 . this increase was driven by an increase in net package adr and occupancy by both hotels in this segment . segment adjusted ebitda . our adjusted ebitda for the year ended december 31 , 2017 increased $ 8.4 million , or 32.5 % , compared to the year ended december 31 , 2016 . this increase was due to increased adjusted ebitda by both hotels in this segment . 59 caribbean basin the following table sets forth information with respect to our occupancy , net package adr , net package revpar , net package revenue , net non-package revenue , total net revenue and adjusted ebitda for our caribbean basin segment for the years ended december 31 , 2017 and 2016 for the total segment portfolio . replace_table_token_22_th segment total net revenue . our total net revenue for the year ended december 31 , 2017 increased $ 4.8 million , or 2.6 % , compared to the year ended december 31 , 2016 . this increase was due to the performance of hyatt ziva and hyatt zilara rose hall , which accounted for a $ 6.1 million increase in total net revenue compared to the year ended december 31 , 2016 . this was offset by a decrease of $ 1.3 million for the year ended december 31 , 2017 for the remaining resorts in the dominican republic compared to the year ended december 31 , 2016 . segment adjusted ebitda . our adjusted ebitda for the year ended december 31 , 2017 increased $ 3.0 million , or 6.0 % , compared to the year ended december 31 , 2016 . this increase was primarily due to the performance of hyatt ziva and hyatt zilara rose hall , which accounted for a $ 3.4 million increase in adjusted ebitda compared to the year ended december 31 , 2016 . this was partially offset by a decrease of $ 0.4 million for the year ended december 31 , 2017 for the remaining resorts in the dominican republic compared to the year

