Nota Bene's Lassman: Creating Luxury Travel Experiences (Audio) - podcast episode cover

Nota Bene's Lassman: Creating Luxury Travel Experiences (Audio)

Jun 27, 201611 min
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Episode description

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Anthony Lassman, co-founder of London and NY-based luxury travel company, Nota Bene Global, on creating the ultimate, custom luxury travel experiences.

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Speaker 1

Broadcasting Live to New York Bloomberg eleventh Rio to Washington, d C. Bloomberg to Boston Bloomberg, Well under It, to San Francisco Bloomberg nine to the Country series Exam General one ninet and around the globe the Bloomberg Radio Plus athen Bloomberg dot com. This is taking Stock. I'm Kathleen Hayes, my co host Pim Fox on vacation this week. Are you at the highest end of the travel market where the normal rules no longer apply? Or do you just think you'd love to be well? Then you want to

be listening to the guests coming up on taking Stock. Now, it's not to bend me. They give ultra high net worth clients opportunities for experiences and reservations that other luxury travelers, no matter how frequent, could ever ever buy. Anthony Lassman is the co founder of this firm, and he's going to be joining to talk about his business. But I'm just gonna have to ask him what his clients saying about Brexit and what does it mean to him. Luxury

travel costs a lot. Let's get to Charlie Pellett. Now he's in the Bloomberg newsroom with a Bloomberg business flash, and I thank you very much, Kathleen Hayes. The bears continue to travel on this Monday with the Dow, the SMP, NSDAK all growling on Wall Street. Right now, the SMP down thirty nine points, to drop there of one point nine percent, a drop there of of thirty eight points to we've got nastack down a hundred and fourteen points

to drop up two point four percent. Down industrials down to eighty five, a decline of one point six percent. The tenure up twenty nine thirty seconds. Looking at the yield of one point four or five percent gold right now of six dollars thirteen twenty eight the ounce for gold, that is a game of five tenths of one percent. Crude oil down a dollar twenty three of arrow forty six forty one right now on West Texas Intermediate crew.

That is a drop of two point six percent. The aftershocks of the UK's vote to leave the EU continue to reverberate. The small morning, we sat down with the former channel of the Federal Reserve, Alan Greenspan. He was on Bloomberg surveillance talking about Brexit fallout wouldn't be that concerned about the currency, because it's not all that much

you're going to be able to do about it. The effect of the town sterling against the US dollars that is as much our doing as it is there and his comments part of a Bloomberg Breakfast conversation hosted by Bloomberg ninety nine one this morning in Washington, again recapping SMP down one percent, Gold up point five percent, and a two thirty two on Wall Street. Now, let's take a look at other news from around the world. Thank you,

Charlie from the Bloomberg Newsroom. I'm Julie Hyman. The Supreme Court is struck down at Texas law regulating abortion clinics. Bloomberg's Michael Barr has more. The Justice has voted five three in favor of striking down the Texas law, their protesters called a thinly veiled attempt to make it harder for women to get an abortion. Just as Stephen Bryer's majority opinion for the Court held at the regulations are medically unnecessary and unconstitutionally limit a woman's right to an abortion.

The Texas rules required doctors who performed abortions to have admitting privileges at nearby hospitals and forced clinics to meet hospital like standards for outpatient surgery. Michael Barr Bloomberg Radio. Hillary Clinton, on the campaign trail in Cincinnati, took the stage with Elizabeth Warren. The Massachusetts senator offered a harsh critique of Donald Trump, calling him a quote small, insecure

money grubber fighting only for himself. Ten people were stabbed and beaten after a white nationalist gript's rally outside the California state capital turned violent on Sunday. Tony Wenning says he and his fifteen year old son were attacked. Although they were just there as bystanders, crappl over me. They were hitting me with a stick, attempting to with the stick, poking me back. So you're you're the police are investigating.

Authorities are warning New Yorkers against bogus Buddhist monks. They're asking the public not to be fooled by some of the men decked out in orange robes, carrying shiny medallions and offering greetings of peace. The Buddhist Council of New York says some of the men soliciting donations are quote fake monks looking to make a quick buck. Global News twenty four hours a day, powered by more than dred journalists and analysts in more than twenty countries. From the

Bloomberg Newsroom. I'm Julie Hyman. This is Bloomberg, Charlie, and we thank you and again recapping stocks lore with the SMP five hundred index now down one to I'm Charlie Platon. That's a Bloomberg business flash. You're listening to taking Stock with Kathleen Hayes and Pim Fox on Bloomberg Radio. There's luxury travel and then there's luxury travel. And we're speaking now with a man who is co founder of a company that takes luxury travel to the highest of heights.

Anthony Lastman joins us now, as I said, co founder of Not That Any Global. They are based in London and New York, and we're going to find out about how he started the company, what he does, and of course I'm going to be asking him, because he lives right in the center of London, what about Brexit for him, his fellow countryman and his business. Anthony. Welcome, is great to have your studio, Nice to be here. Always love in New York, Not to any Global? What are you?

What do you do? Not of any Global? Is a management company of fine travel and lifestyle for the ultra high net worths. It is for experiences that generally cannot be found that easily with travel agents, concierge services and online services. So what give me an example right now, something I could do if I had the means to book one of your trips. Give me something that is? What example is? Thing that is so unique you can't

find it anywhere else. Well, before, while I was having lunch, before I came her, I was just sharing something that I experienced a few years ago, which was having lunch with the Chatelaine of smith out Lafitte, the well known winery in in western France, and her husband, and by a coincidence we came into contact with each other. They invited me to their beautiful chateau and then for a

picnic on their private island in the Garon River. What was so unique about that was that we met for drinks at the chateau and then we cycled down to the river bank and we got into a very small, very um um what is the word. I mean? It was a very simple boat effectively with an outboard motor. And we went across to their private island, which is an uninhabited, very simple island, and what struck me was

the nature, the piece, the olitude. They had a little cabin on the lake where they brought with everything for a picnic. And of course they're wonderful wines. So there we were sitting looking out onto the lake with a beautiful bottle of smith out lafitte and barbecued meat and and I thought, you can't buy this. And I as we were discussing it, they said, look, if they are like minded people who would want this kind of experience,

then obviously very selectively contact us. What is the business model? You pay people like the that you know, the Louis rohod Or family. If I want to drink champagne with them, for example, you pay them, and then your clients pay you. How does this work? The business model is effectively that people pay us an annual fee in the same way that people would pay for management of anything, whether it's asset management, whether it's any four of highly experienced service.

So we are charging people fees to become private clients, and depending on their needs and how many people because we have family offices will be that will depend on how much per year they are paying. They will then be quoted a fee for whatever trip they are doing, and they will pay and and they will pay and they will pay. Yes, and you have more than about six thousand clients, No, we have six thousand who are

on our database followers. They are followers of nota ben A and our actual clients are within the hundreds because we like to know every single client individually and to understand their needs and what it is that they are looking for. So we couldn't possibly deal with thousands as private clients Underman Sun. So there's a lot of competition in luxury. How do you set yourself apart? There's a

huge amount of competition. I think you know. I was originally for many, many years in the real estate industry, so I'm not a travel person per se. I went in to travel, you could say, as a sort of midlife crisis, career change. My wife actually challenged me. I found so many people to whom I deferred, never told me what I really wanted to know. How blue is the sea? Will I see another building on the horizon? Tell me where is the best view? What kind of

clear tell will I find there? What kind of experience could I have that are not manufactured? And so that is why I decided to take the challenge and create this. I'm not worried so much about competition. There will always be competition. Are you all worried? And you've got about thirty seconds about the Brexit vote, the reverberations in markets. This is hitting banks, etcetera. There's an issue for your business and actually for your citizenship. Is a member of

the United Kingdom that we're obviously shocked. It wasn't the It wasn't the result that we were expecting. The reverberations that you have referred to are evidently very serious, and people are focusing now on what on the next steps and what to do. I would say that our area of the market for travel and lifestyle is the most immune, and I don't believe that people are going to stop traveling. If people need to communicate for business, they can do

it on the yacht, in the villa, etcetera. They may go away a little bit less frequently, but I don't feel that there will be a major effect. Well, I'm we're gonna keep track of you. You can track this for US in the UK, certainly luxury travel thanks to Anthony Lastman, co founder of nota Benic Global. I'm Kathleen Hayes. This is taking Stock on Bloomberg Radio. A Supreme Court

decision striking down Texas abortion limits. We're going to be speaking to BNA correspondent Kim Robinson now on Bloomberg Radio.

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