Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Mike Brown

๐Ÿ‘ค Speaker
235 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

But, you know, if I could just step back a second, the key to our success is whatever we do, we execute against it and we deliver on what we promised the street.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

And that success allows us more and more access to more and more brands.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

So I would expect that to allow us to move into these spaces that we currently aren't in.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

Well, I would say my personal sentiment and what I'm seeing in our business is very similar to what it was 30 days ago, which was there's still uncertainty out there, which causes us to be looking intently every day with any metric internally that would signal the economy is going one way or the other.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

30 days on from our earnings call, I would say that our performance and our outlook on the economy looks very similar than it did at the end of October when we reported.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

Our leisure travel demand is looking good for Q4.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

With the sound that the shutdown is coming to an end, I was starting to worry that we might start to see changes in behavior between air and drive-to traffic.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

We have not.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

And in fact, it looks like our 25 bookings here in Q4 are at or slightly above where they were last year.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

And we haven't seen a dramatic change.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

We've seen ever so slightly the change from fly to drive to, but I'm really confident that it hadn't gone on another week or two.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

into the Thanksgiving season, we would have saw a noticeable shift of people in New York saying, look, let me just get to a drive-to destination as opposed to flying to Orlando.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

I don't want to deal with the hassle with my free time.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

Fortunately, it looks as if we will avoid that.

Bloomberg Talks
Travel + Leisure CEO Mike Brown Talks Travel Market

But at this point, we have not seen an indication that that has caused a change in leisure travel.

โ† Previous Page 12 of 12 Next โ†’