This is an excellent time for the lodging industry. All elements of travel demand are strong, especially demand for experiences of the highest quality. We are very pleased with Four Seasons position in the industry and remain focused on preserving and extending our leadership position. We acknowledge the impact that some of the recent refinements in our portfolio will have on our near-term earnings growth, but we believe the changes we are making, combined with the strength of the Four Seasons brand and our solid development pipeline, will lead to improved long-term results.
More Quotes from Isadore Sharp:
Our corporate costs escalated over these last few years. But that's a short-term problem that will straighten itself out.Isadore Sharp
The power of a global brand name is more important and valuable today than ever before.
Isadore Sharp
The success of Four Seasons rests on a strong financial foundation. Doug Ludwig has been a significant contributor in establishing that foundation, and in building the team who will take it forward. We thank him for his years of service, and wish him well.
Isadore Sharp
When you think about the realities of it, first of all you don't want your children in the sun all day long. It's the cause of cancer, in terms of sun.
Isadore Sharp
It has been held to the principles of what Terry wanted. So 25 years is probably just the beginning.
Isadore Sharp
I think we're enjoying the fruits of good times right now, but this has been our pattern. Track the record of the past. We see good things ahead. I think the balance of the year might be more moderate, but still, very, very positive in terms of our ability to perform.
Isadore Sharp
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