Dec 06, 2023 / 08:00PM GMT
Stephen White Grambling - Morgan Stanley, Research Division - Equity Analyst
Everybody, thank you for sticking with us. Next up, we have Travel and Leisure. I'm joined by CEO, Mike Brown and -- Michael Brown; and CFO, Mike Hug.
Questions and Answers:
Stephen White Grambling - Morgan Stanley, Research Division - Equity AnalystI think this is the first time that we've had you at this particular conference, I might be wrong. But for those that are less familiar with the business, I would love for you to just walk through the key drivers of Travel and Leisure, you could start with the industry, but focus on your business in particular?
Michael D. Brown - Travel+Leisure Co.-CEO - President & Director
Yes. Just to maybe get the context out there is we will do over $900 million of EBITDA this year. It's a current consensus. And we're 70% vacation ownership, timeshare business as well as about 30% exchange, which is that business connects other timeshare companies and
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