The Ledger, every show

Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.

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CAPITAL ALLOCATORS Prediction Not checkable as stated
Resnick: Hospitality market dislocation will yield superior returns over two years
“So I think in the next two years, we're going to see more of that.”
Eric Resnick Jun 19, 2023 ▶ 58:58 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
CAPITAL ALLOCATORS Prediction Open · timeframe Jun 2033
Resnick: Travel spending will grow at more than double GDP growth
“It's projected to grow more than double that of GDP if you look at over the next decade.”
Eric Resnick Jun 19, 2023 ▶ 19:40 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
CAPITAL ALLOCATORS Assertion Supported
Resnick: KSL is the largest private travel and leisure investor
“We're one of the only groups that focuses on it at scale. I think we're the largest private investor and travel and leisure businesses in the world.”
Eric Resnick Jun 19, 2023 ▶ 20:02 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
CAPITAL ALLOCATORS Assertion Partly supported
Resnick on how KSL created the Ikon Pass via massive resort consolidation
“And we had the idea of basically taking what were then, I think, 15 or 16 ski resorts that we had owned, that we bought through five or six different transactions, merged them together, and started with that core at Uculus. And from there, we partnered with an…”
Eric Resnick Jun 19, 2023 ▶ 29:00 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
CAPITAL ALLOCATORS Assertion Supported
Resnick: Major hotel chains have shifted from property management to franchising
“The hotel companies themselves have evolved. They started off as hotel owners, like Marriott and Hilton and so forth. First, they were hotel owners. Then they were managing hotels for third parties. Then they really became franchisors. They have wonderfully po…”
Eric Resnick Jun 19, 2023 ▶ 38:43 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
CAPITAL ALLOCATORS Assertion Open · timeframe Jun 2023
Resnick: Tented eco-resorts have an 80% smaller carbon footprint than traditional hotels
“Your carbon footprint is 80% less than what it would be in a traditional hotel, and you're basically living in the middle of nature, but you're not sacrificing a comfortable bed and a shower to do it.”
Eric Resnick Jun 19, 2023 ▶ 40:51 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
CAPITAL ALLOCATORS Prediction Not checkable as stated
Resnick: E-bikes will drive a tenfold expansion in multi-day cycling tourism
“The number of people who will do that will expand tenfold as people get more and more comfortable with e-bikes as a form of transportation.”
Eric Resnick Jun 19, 2023 ▶ 42:10 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
CAPITAL ALLOCATORS Assertion Partly supported
Resnick: Travel and leisure accounts for about 11% of global GDP
“It's the third largest sector of the global economy. It's about 11% of global GDP and employment, both.”
Eric Resnick Jun 19, 2023 ▶ 19:24 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
CAPITAL ALLOCATORS Assertion Partly supported
Resnick: US travel spending has grown 7% annually since 1960
“Since 1960, travel and leisure spending in the U.S. Has grown by about seven percent per year, more than double that of GDP.”
Eric Resnick Jun 19, 2023 ▶ 19:34 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
CAPITAL ALLOCATORS Assertion Partly supported
Resnick: Ancillaries drive up to 70% of resort revenue, unlike urban hotels
“Someone who tends to look at urban hotels, 80% plus of the revenue, maybe even 90% is coming from the hotel room rate. You go into the resort world, perhaps 30%, 40% of the revenue is coming from the hotel room rate. All the other revenue comes from everything…”
Eric Resnick Jun 19, 2023 ▶ 36:26 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
CAPITAL ALLOCATORS Assertion Partly supported
Resnick: Skiing reached an all-time record season in 2023
“So skiing this year, for example, had its record year by far ever in the history of skiing.”
Eric Resnick Jun 19, 2023 ▶ 41:18 Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
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