1 00:00:00,080 --> 00:00:02,639 Speaker 1: Matt Miller in here for Kathleen Hayes is a joining 2 00:00:03,120 --> 00:00:05,680 Speaker 1: pim Fox for this hour. We are going to talk 3 00:00:05,720 --> 00:00:08,520 Speaker 1: as we approach the weekend about travel, and not just 4 00:00:08,600 --> 00:00:11,200 Speaker 1: any travel, but luxury travel. I want to bring the 5 00:00:11,240 --> 00:00:12,959 Speaker 1: co founders of Note to Ben, a which is of 6 00:00:13,000 --> 00:00:16,960 Speaker 1: a spoke luxury travel and lifestyle company seeks out and 7 00:00:17,000 --> 00:00:22,400 Speaker 1: manages extraordinary experiences for illustrious international clientele. Anthony and Elaine 8 00:00:22,480 --> 00:00:26,120 Speaker 1: last Man join us in studio. Welcome and thank you. 9 00:00:26,600 --> 00:00:30,200 Speaker 1: Let's talk about the luxury travel market right now and 10 00:00:30,400 --> 00:00:35,280 Speaker 1: the growth or lack thereof um. Elaine, do you find, 11 00:00:35,840 --> 00:00:38,720 Speaker 1: because I know that you focus in one sense on 12 00:00:39,240 --> 00:00:42,320 Speaker 1: women seeking out luxury travel experiences, do you find that 13 00:00:42,360 --> 00:00:46,520 Speaker 1: this is a growing industry? Yes? In a single world, 14 00:00:46,600 --> 00:00:49,680 Speaker 1: Yes it is. Women are traveling more and more on 15 00:00:49,720 --> 00:00:55,280 Speaker 1: their own and UM not not do so either? Uh? 16 00:00:55,440 --> 00:00:58,640 Speaker 1: And is that part of the growth in general that 17 00:00:58,680 --> 00:01:01,680 Speaker 1: we're just getting much like a labor force that all 18 00:01:01,680 --> 00:01:04,880 Speaker 1: of a sudden gets an inflow of women, um? Workers, 19 00:01:05,120 --> 00:01:08,960 Speaker 1: do we see women taking their own trips, not afraid 20 00:01:09,000 --> 00:01:13,840 Speaker 1: to go away with without men or other other friends? Um? 21 00:01:13,959 --> 00:01:15,520 Speaker 1: Is that part of the big growth of the travel 22 00:01:15,520 --> 00:01:17,880 Speaker 1: industry right now, well, if I could come in there, 23 00:01:17,920 --> 00:01:20,200 Speaker 1: I would say that Number one, there are far more 24 00:01:20,280 --> 00:01:25,120 Speaker 1: women involved in business, far more women who are CEOs 25 00:01:25,959 --> 00:01:29,840 Speaker 1: leading luxury brands, a greater number of women holding key 26 00:01:29,880 --> 00:01:34,679 Speaker 1: positions in finance. And they want to travel, and they 27 00:01:34,800 --> 00:01:39,480 Speaker 1: very often need to travel solo. Either they're unmarried or 28 00:01:39,480 --> 00:01:42,800 Speaker 1: they're traveling for a combination of business and pleasure, and 29 00:01:42,840 --> 00:01:46,520 Speaker 1: so they need the right people to organize everything for them. 30 00:01:46,640 --> 00:01:49,360 Speaker 1: They want to be secure, they want to feel that 31 00:01:49,400 --> 00:01:52,560 Speaker 1: they are being guided to the right places where they 32 00:01:52,640 --> 00:01:57,000 Speaker 1: can dine solo and be perfectly comfortable within the environment. 33 00:01:57,400 --> 00:02:02,840 Speaker 1: These are royal areas of speciality where luxury providers or 34 00:02:02,920 --> 00:02:08,400 Speaker 1: providers of of high end managed experience like us come in. 35 00:02:09,040 --> 00:02:11,880 Speaker 1: How do you define this kind of luxury travel? Can 36 00:02:11,880 --> 00:02:15,240 Speaker 1: you give us some statistics in terms of what kind 37 00:02:15,360 --> 00:02:18,600 Speaker 1: of air travel, what kind of hotel stays, what kind 38 00:02:18,639 --> 00:02:24,360 Speaker 1: of prices. Absolutely, I would say that quite a number 39 00:02:24,400 --> 00:02:27,960 Speaker 1: of the people were speaking of fly privately. Some of 40 00:02:28,000 --> 00:02:32,440 Speaker 1: them would fly first class transatlantic and then fly privately 41 00:02:33,360 --> 00:02:36,840 Speaker 1: on the short haul legs such as Europe or within Africa. 42 00:02:36,840 --> 00:02:41,400 Speaker 1: When they're doing safari. Generally speaking, they will take a 43 00:02:41,560 --> 00:02:46,000 Speaker 1: junior suite and up. So if you were to take Paris, 44 00:02:46,080 --> 00:02:49,120 Speaker 1: for example, a standard luxury room in one of the 45 00:02:49,160 --> 00:02:53,440 Speaker 1: Palace hotels is euros per night, but many of our 46 00:02:53,480 --> 00:02:57,280 Speaker 1: clients automatically want the best suites and they could be 47 00:02:57,440 --> 00:03:01,720 Speaker 1: fifteen thousand euros a night up to fifteen erods tonight. 48 00:03:01,840 --> 00:03:03,600 Speaker 1: I was just looking and you know, looking at your 49 00:03:03,639 --> 00:03:07,400 Speaker 1: website and some of your clients include people like Michael Course, 50 00:03:07,880 --> 00:03:13,200 Speaker 1: the fashion designer. In this world of private jet travel, 51 00:03:14,240 --> 00:03:17,320 Speaker 1: is this last minute planning or is this something that 52 00:03:17,400 --> 00:03:20,880 Speaker 1: you're working on an annual or or a quarterly basis. 53 00:03:20,960 --> 00:03:24,240 Speaker 1: I think I think that's a very very appropriate question 54 00:03:24,360 --> 00:03:28,000 Speaker 1: because one of the skills in what we do so 55 00:03:28,160 --> 00:03:33,359 Speaker 1: having a private client management service such as nota ben 56 00:03:33,440 --> 00:03:36,920 Speaker 1: a Global, which is I I often compare it with 57 00:03:37,120 --> 00:03:43,560 Speaker 1: asset management controlling people's wealth. So advising people's wealth, you 58 00:03:43,640 --> 00:03:45,720 Speaker 1: have to be able to pull strings. You have to 59 00:03:45,760 --> 00:03:50,200 Speaker 1: have the connections, the contacts, the accessibility to do things 60 00:03:50,360 --> 00:03:54,440 Speaker 1: last minute. I always recall one of our clients based 61 00:03:54,440 --> 00:03:58,120 Speaker 1: in Canada who suddenly the weather changed and she got 62 00:03:58,160 --> 00:04:01,240 Speaker 1: a bit cold, and she end up on a Friday 63 00:04:01,240 --> 00:04:04,720 Speaker 1: and expected to go to Brazil on the Sunday, admittedly 64 00:04:04,800 --> 00:04:07,960 Speaker 1: in their plane stopping off in the Caribbean, but it's 65 00:04:08,120 --> 00:04:11,760 Speaker 1: it's we want to do it now. So what exactly 66 00:04:12,040 --> 00:04:14,840 Speaker 1: do you do? Elaine? I'm reading through your your tips 67 00:04:14,840 --> 00:04:17,400 Speaker 1: and UM, I see that you could have advised that 68 00:04:17,480 --> 00:04:20,240 Speaker 1: client to be wearing Laura piano because of the storm 69 00:04:20,320 --> 00:04:23,479 Speaker 1: proofd material and she was in a stormy Canadian area. 70 00:04:23,560 --> 00:04:26,320 Speaker 1: What what um? What is the service that you and 71 00:04:26,360 --> 00:04:31,520 Speaker 1: Anthony provide? Essentially, I head up the lifestyle division of 72 00:04:31,560 --> 00:04:36,240 Speaker 1: note Mede, So when it when it's it's required, UM 73 00:04:36,800 --> 00:04:40,560 Speaker 1: an advice is sought for, whether it's a fashion advice, 74 00:04:40,640 --> 00:04:48,400 Speaker 1: whether it's beauty, whether it's massage, therapies, whatever, fitness, nutrition, 75 00:04:48,760 --> 00:04:51,760 Speaker 1: they'll defer to me because when they're traveling, they want 76 00:04:51,760 --> 00:04:55,599 Speaker 1: to access the best people to to provide whatever it 77 00:04:55,680 --> 00:04:58,520 Speaker 1: is they're looking for or looking to buy UM. And 78 00:04:58,839 --> 00:05:01,520 Speaker 1: that's where we're I come in where I step in 79 00:05:01,680 --> 00:05:05,920 Speaker 1: because you see it's experience over acquisition, and we're seeing 80 00:05:06,000 --> 00:05:10,480 Speaker 1: that travel, I mean wonderful experiential travel is the currency 81 00:05:10,520 --> 00:05:14,320 Speaker 1: of status. A lot of our clients are less interested 82 00:05:14,360 --> 00:05:17,840 Speaker 1: in buying the latest fancy car or the or the 83 00:05:17,880 --> 00:05:20,719 Speaker 1: women having another piece of jewelry. It is about the 84 00:05:20,760 --> 00:05:24,719 Speaker 1: travel experience. But the one thing that they do really 85 00:05:24,800 --> 00:05:27,960 Speaker 1: want and where Alane's team come in it may be 86 00:05:28,120 --> 00:05:32,440 Speaker 1: to do with well being, grooming, anti aging, um, they 87 00:05:32,480 --> 00:05:35,640 Speaker 1: want to have a fitness instructor, they want to have 88 00:05:36,440 --> 00:05:40,640 Speaker 1: a yoga instructor. There are many many areas of that 89 00:05:40,920 --> 00:05:45,440 Speaker 1: where the lifestyle so note Benny now is focusing very 90 00:05:45,560 --> 00:05:52,200 Speaker 1: much on experiential travel, conventional luxury travel, well being and 91 00:05:52,520 --> 00:05:57,760 Speaker 1: the the lifesty SAT and also the latest thing real estate. 92 00:05:58,120 --> 00:06:00,000 Speaker 1: We've gotta run. I want to thank you very much. 93 00:06:00,080 --> 00:06:04,039 Speaker 1: Check Anthony and Elyne Lassman, co founders of nota Bene. 94 00:06:04,120 --> 00:06:05,320 Speaker 1: This is Bloomberg