Anthony and Elain Lassman on Luxury Travel (Audio) - podcast episode cover

Anthony and Elain Lassman on Luxury Travel (Audio)

Sep 23, 20166 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUESTS:\u0010Anthony and Elaine Lassman, co-Founders of Nota Bene, discuss trends in luxury travel and the post-brexit travel market.

See omnystudio.com/listener for privacy information.

Transcript

Speaker 1

Matt Miller in here for Kathleen Hayes is a joining pim Fox for this hour. We are going to talk as we approach the weekend about travel, and not just any travel, but luxury travel. I want to bring the co founders of Note to Ben, a which is of a spoke luxury travel and lifestyle company seeks out and manages extraordinary experiences for illustrious international clientele. Anthony and Elaine last Man join us in studio. Welcome and thank you.

Let's talk about the luxury travel market right now and the growth or lack thereof um. Elaine, do you find, because I know that you focus in one sense on women seeking out luxury travel experiences, do you find that this is a growing industry? Yes? In a single world, Yes it is. Women are traveling more and more on their own and UM not not do so either? Uh? And is that part of the growth in general that we're just getting much like a labor force that all

of a sudden gets an inflow of women, um? Workers, do we see women taking their own trips, not afraid to go away with without men or other other friends? Um? Is that part of the big growth of the travel industry right now, well, if I could come in there, I would say that Number one, there are far more women involved in business, far more women who are CEOs leading luxury brands, a greater number of women holding key positions in finance. And they want to travel, and they

very often need to travel solo. Either they're unmarried or they're traveling for a combination of business and pleasure, and so they need the right people to organize everything for them. They want to be secure, they want to feel that they are being guided to the right places where they can dine solo and be perfectly comfortable within the environment. These are royal areas of speciality where luxury providers or providers of of high end managed experience like us come in.

How do you define this kind of luxury travel? Can you give us some statistics in terms of what kind of air travel, what kind of hotel stays, what kind of prices. Absolutely, I would say that quite a number of the people were speaking of fly privately. Some of them would fly first class transatlantic and then fly privately on the short haul legs such as Europe or within Africa. When they're doing safari. Generally speaking, they will take a

junior suite and up. So if you were to take Paris, for example, a standard luxury room in one of the Palace hotels is euros per night, but many of our clients automatically want the best suites and they could be fifteen thousand euros a night up to fifteen erods tonight. I was just looking and you know, looking at your website and some of your clients include people like Michael Course,

the fashion designer. In this world of private jet travel, is this last minute planning or is this something that you're working on an annual or or a quarterly basis. I think I think that's a very very appropriate question because one of the skills in what we do so having a private client management service such as nota ben a Global, which is I I often compare it with asset management controlling people's wealth. So advising people's wealth, you

have to be able to pull strings. You have to have the connections, the contacts, the accessibility to do things last minute. I always recall one of our clients based in Canada who suddenly the weather changed and she got a bit cold, and she end up on a Friday and expected to go to Brazil on the Sunday, admittedly in their plane stopping off in the Caribbean, but it's it's we want to do it now. So what exactly

do you do? Elaine? I'm reading through your your tips and UM, I see that you could have advised that client to be wearing Laura piano because of the storm proofd material and she was in a stormy Canadian area. What what um? What is the service that you and

Anthony provide? Essentially, I head up the lifestyle division of note Mede, So when it when it's it's required, UM an advice is sought for, whether it's a fashion advice, whether it's beauty, whether it's massage, therapies, whatever, fitness, nutrition, they'll defer to me because when they're traveling, they want to access the best people to to provide whatever it

is they're looking for or looking to buy UM. And that's where we're I come in where I step in because you see it's experience over acquisition, and we're seeing that travel, I mean wonderful experiential travel is the currency of status. A lot of our clients are less interested in buying the latest fancy car or the or the women having another piece of jewelry. It is about the

travel experience. But the one thing that they do really want and where Alane's team come in it may be to do with well being, grooming, anti aging, um, they want to have a fitness instructor, they want to have a yoga instructor. There are many many areas of that where the lifestyle so note Benny now is focusing very much on experiential travel, conventional luxury travel, well being and the the lifesty SAT and also the latest thing real estate. We've gotta run. I want to thank you very much.

Check Anthony and Elyne Lassman, co founders of nota Bene. This is Bloomberg

Transcript source: Provided by creator in RSS feed: download file
For the best experience, listen in Metacast app for iOS or Android