2. REVENUES:

Revenues from occupied hotel rooms are recognized over time as the daily hotel stay is provided to hotel groups and guests. Revenues from concessions, food and beverage sales, and group meeting services are recognized over the period or at the point in time those goods or services are delivered to the hotel group or guest. Revenues from ancillary services at the Company’s hotels, such as spa, parking, and transportation services, are generally recognized at the time the goods or services are provided. Cancellation fees and attrition fees, which are charged to groups when they do not fulfill the minimum number of room nights or minimum food and beverage spending requirements originally contracted for, are generally recognized as revenue in the period the Company determines it is probable that a significant reversal in the amount of revenue recognized will not occur, which is the period these fees are collected. The Company generally recognizes revenues from the Entertainment segment at the point in time that services are provided or goods are delivered or shipped to the customer, as applicable. Almost all of the Company’s revenues are either cash-based or, for meeting and convention groups who meet the Company’s credit criteria, billed and collected on a short-term receivables basis. The Company is required to collect certain taxes from customers on behalf of government agencies and remit these to the applicable governmental entity on a periodic basis. These taxes are collected from customers at the time of purchase, but are not included in revenue. The Company records a liability upon collection of such taxes from the customer and relieves the liability when payments are remitted to the applicable governmental agency.

The Company’s revenues disaggregated by major source are as follows (in thousands):


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017

Hotel group rooms	$	69,258	$	66,758	$	241,804	$	228,122
Hotel transient rooms		33,923		33,776		90,686		86,455
Hotel food and beverage - banquets		82,742		69,820		280,729		251,362
Hotel food and beverage - outlets		35,754		34,617		111,759		107,685
Hotel other		27,563		24,619		81,129		73,493
Entertainment admissions/ticketing		19,215		19,167		51,282		47,465
Entertainment food and beverage		14,606		8,305		33,000		22,823
Entertainment retail and other		9,188		7,662		24,164		22,139
Total revenues	$	292,249	$	264,724	$	914,553	$	839,544

The Company’s Hospitality segment revenues disaggregated by location are as follows (in thousands):


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017

Gaylord Opryland	$	80,591	$	76,237	$	258,251	$	231,459
Gaylord Palms		38,901		37,238		147,071		139,619
Gaylord Texan		62,826		50,166		179,794		159,683
Gaylord National		60,304		58,936		200,747		195,388
AC Hotel		2,496		2,928		8,378		9,066
Inn at Opryland and other		4,122		4,085		11,866		11,902
Total Hospitality segment revenues	$	249,240	$	229,590	$	806,107	$	747,117

Almost all of the Company’s Entertainment segment revenues are concentrated in Nashville, Tennessee.

The Company records deferred revenues when cash payments are received in advance of its performance obligations, primarily related to advanced deposits on hotel rooms in its Hospitality segment and advanced ticketing in its Entertainment segment. At September 30, 2018 and December 31, 2017, the Company had $72.6 million and $51.2 million, respectively, in deferred revenues, which are included in accounts payable and accrued liabilities in the accompanying condensed consolidated balance sheets. Of the amount outstanding at December 31, 2017, approximately $44.2 million was recognized in revenue during the nine months ended September 30, 2018.