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  "documentTitle": "2023 Security Analyst Meeting Full Deck",
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      "text": "Slide C-13 - Strong Brands Drive Strong Results: Fee percentages FY 2022; Total hotel fees are base management, franchise and incentive management fees; Comparable average daily rate, room night and room revenue increases Q2 2023 vs Q2 2019.",
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      "text": "Slide C-11 - Taking More and Longer Trips: More Trips - YTD June 30, 2023; More Leisure - YTD June 30, 2023 compared to YTD June 30, 2019; More Destinations - YTD June 30, 2023; More Time - YouGov Global Travel & Tourism Whitepaper, 2023.",
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      "text": "Slide C-4 - An Unmatched Portfolio: As of June 30, 2023. Slide C-6 - Global Share of Luxury Distribution: STR Global Consensus, June 2023. Slide C-7 - An Influx of Global Wealth: Credit Suisse Group Global Wealth Report 2023; Growth from 2022.",
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      "text": "Slide C-10 - Bucket Lists Become To-Do Lists: Luxury Travel: Global Strategic Business Report, 2023; ILTM Buzz vs. Reality in Luxury Travel, December 2022.",
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      "text": "Slide C-8 - The Increase in Affluence is Driving Up the Value of the Luxury Goods Market: Bain & Company and Altagamma 2023 Spring Luxury Study. Slide C-9 - A Market Growing in Size and Demand: STR Forecast U.S. and Chain Scales, August 2023.",
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      "text": "Slide C-16 - Opportunity for Growth and Innovation: Ritz-Carlton Yacht Sails from October 15, 2022 to September 16, 2023; Cobrand credit card fees for full year 2022; Luxury Residential Units and Tented Lodges and Camps as of June 30, 2023.",
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      "text": "EDMUNDSON ENDNOTES",
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