It's been a remarkable year for Murray Vacations as we continue to see high demand for leisure travel. In fact, here are a few examples. Air travel over Labor Day weekend exceeded 2019 for the first time since the pandemic began. While Americans are concerned about the economy, many view travel as essential, with more than half of all American surveys seeing leisure travel as an important budget priority, and roughly three-quarters say they believe that travel was a worthwhile investment, even if the economy were to contract. And in a recent proprietary survey, 70% of our owners told us that they are planning a trip in the next three months. We're delighted to see people going on vacations, some to visit friends and family they haven't seen in quite a while, and some just to make up for lost time. Regardless of the reasons, We are honored to be part of that experience for our owners, members, and guests.

Nov 1, 2022 / CEO / receipt, needs a key / Steve Weiss, CEO | earnings call 2022-11-01 | transcript 7bc3fd64-aa8f-420f-9fac-ea26d1236104 | chars 3134-4051 | segment 3

The Vacation Next journey will continue to leverage our investment in technology for enhanced digital experience while transforming our marketing, sales, and service for owners and the next generation of travelers.

Aug 9, 2022 / CEO / receipt, needs a key / Steve Weiss, CEO | earnings call 2022-08-09 | transcript bf96b826-d095-40b2-9c49-2a2a11fa1077 | chars 4362-4576 | segment 4

I'm continuously amazed by the hard work and dedication they give to our owners, members, and guests every day, especially this summer as leisure travel continues to boom.

Aug 9, 2022 / CEO / receipt, needs a key / Steve Weiss, CEO | earnings call 2022-08-09 | transcript bf96b826-d095-40b2-9c49-2a2a11fa1077 | chars 2037-2208 | segment 2

Consumers are continuing to spend on travel expenses, with airline spending up 18% from last year and lodging up 34% from June 2021.

Aug 9, 2022 / CEO / receipt, needs a key / Steve Weiss, CEO | earnings call 2022-08-09 | transcript bf96b826-d095-40b2-9c49-2a2a11fa1077 | chars 2981-3113 | segment 3

According to the U.S. Travel Association, leisure travel spending exceeded 2019 levels in April for the first time since the start of the pandemic. This all indicates that leisure travel demand remains strong, which we saw in our remarkable second quarter results.

Aug 9, 2022 / CEO / receipt, needs a key / Steve Weiss, CEO | earnings call 2022-08-09 | transcript bf96b826-d095-40b2-9c49-2a2a11fa1077 | chars 3114-3378 | segment 3

In a recent CNBC survey, 70% of leisure travelers said they plan to spend more money on travel in 2022 than they have in any of the past five years. In a separate Expedia survey, 81% of people said they planned to take at least one vacation with family members this year. And two-thirds of our owners surveyed said they were likely to travel in the next three months.

Feb 24, 2022 / CEO / receipt, needs a key / Steve Weiss, CEO | earnings call 2022-02-24 | transcript 5896af8f-2c26-42ff-bd74-b5c27d1246a5 | chars 7461-7828 | segment 7

I think Japan, once Japan opens up, I think they like to travel a lot, and I think you could see more of that eastbound.

Nov 8, 2021 / CEO / receipt, needs a key / Steve Weiss, CEO | earnings call 2021-11-08 | transcript 6dbcef42-23bc-404f-ac7d-238876538ff0 | chars 25882-26002 | segment 26