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Travel + Leisure Co at Sanford C Bernstein Strategic Decisions Conference Transcript
Okay. Good afternoon, ladies and gentlemen. Thanks for joining us today for the 3:30 session here at the 2023 Strategic Decisions Conference. Anyone who doesn't know me, I'm Richard Clarke. I'm the global hotels and leisure analyst, not Travel + Leisure analyst, at Bernstein. I'm really delighted today to be joined by Travel + Leisure's CEO, Michael Brown.
Tiny bit of housekeeping. If you want to ask any questions, if you haven't been to one of these sessions yet, over the last couple of days, there is a Pigeonhole link available on -- through the link you'll find on the materials. You can also see there's always some questions on there, which is great, so you can vote up any particular questions you want to ask.
Questions & Answers
So maybe I'll just sort of kick off with a little bit of an open-ended question. It's 2.5 years ago, roughly, I guess, you
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