We are encouraged by the state of travel, as affluent consumers continue to prioritize experience, and the supply picture for our markets and chain scales remains below historical levels.

Feb 20, 2025 / CEO / receipt, needs a key / Jim Rizzolio, CEO | earnings call 2025-02-20 | transcript 080a0664-6cc0-4466-8da7-e4ea0ee2dd60 | chars 12002-12189 | segment 12

On the business transient side, depending on business sentiment remaining strong for the remainder of the year, there certainly could be tailwinds that we see from the large corporations really traveling again and increase in bt volume we'll go next to sneeze rose at citigroup hi thank you um i wanted to maybe ask you a little bit more about maui um if you take out the business interruption insurance for 24 it looks like you came in around 95 million Could you just maybe kind of level set what you think the range is at the high and the low end could be for 95 and maybe other factors that might have positively impacted 24 that perhaps won't be repeated in 25?

Feb 20, 2025 / CEO / receipt, needs a key / Jim Rizzolio, CEO | earnings call 2025-02-20 | transcript 080a0664-6cc0-4466-8da7-e4ea0ee2dd60 | chars 22978-23644 | segment 23

In fact, U.S. international outbound travel has grown from 110% of pre-pandemic levels in the second quarter of last year to 119% in the second quarter of this year. At the same time, U.S. international inbound travel remains below pre-pandemic levels at 88%. as a strong dollar, weaker global economic growth, and visa delays continued to present headwinds to the inbound recovery.

Aug 1, 2024 / CEO / receipt, needs a key / Jim Rizzolio, CEO | earnings call 2024-08-01 | transcript b24d6b76-3552-42e7-a217-7c7ae5011f14 | chars 4865-5247 | segment 4

It was revenge travel and You know, I think we saw a bit of revenge travel to Europe last year when that was the first year that Europe was opened up without any restrictions. And, you know, we're seeing that this year.

Aug 1, 2024 / CEO / receipt, needs a key / Jim Rizzolio, CEO | earnings call 2024-08-01 | transcript b24d6b76-3552-42e7-a217-7c7ae5011f14 | chars 44110-44329 | segment 45

So, you know, TSA checkpoints give us confidence that travel is still occurring. You know, we hit a record in July of, I think, 3 million throughputs in one week in particular.

Aug 1, 2024 / CEO / receipt, needs a key / Jim Rizzolio, CEO | earnings call 2024-08-01 | transcript b24d6b76-3552-42e7-a217-7c7ae5011f14 | chars 44734-44910 | segment 46

In a poll released by the Global Business Travel Association last month, a majority of companies indicated that they are not limiting travel specifically due to economic concerns, and 78% of the participants expect volumes to increase in 2023.

Nov 3, 2022 / CEO / receipt, needs a key / Jim Rizzolio, CEO | earnings call 2022-11-03 | transcript db608633-171d-4916-aa33-7e5e3e6c94bf | chars 2819-3062 | segment 2

In addition, we have continued to benefit from a consumer spending rotation away from goods and into services, including travel, and we expect this trend to continue.

Aug 4, 2022 / CEO / receipt, needs a key / Jim Rizzolio, CEO | earnings call 2022-08-04 | transcript 34980c25-eeb6-420c-a207-818d42353586 | chars 3916-4082 | segment 3

That said, I think that there are properties that are more fitting to be managed under a franchise operator model. Those would be the smaller hotels that don't have a big group component. And, you know, I think the cost savings will come whether they're brand managed or whether they're franchise managed.

Jul 31, 2020 / CEO / receipt, needs a key / Jim Rizzolio, CEO | earnings call 2020-07-31 | transcript 85dde985-2c7b-4d91-ad41-f15739ddcd41 | chars 46315-46620 | segment 47