Allegiant Travel Company (NASDAQ:ALGT) Q4 2023 Earnings Call Transcript

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Dan McKenzie: Okay. And then just the last question is the booking experience, is that up to — is it competitive with the peer set at this point?

Scott DeAngelo: Not on allegiant.com. Our apologies, we just figured out what you were asking. If you’re talking about that functionality where at allegiant.com right, you have to pay for everything at once versus being able to just leave a 1-night deposit, that should be delivered into March. And at that point, allegiant.com will be at the same functionality. In the meantime, though, it’s worth mentioning on the website, if you go play around there and type in anything into Punta Gorda, Sarasota, et cetera, you’ll see a pop-up that will direct you straight to their site. So that’s how we’re getting so many of our eyeballs given that we see 150 million unique web users a year to get over to the Sunseeker site and get that streamlined functionality. So we’re trying a bunch of ways while we wait for the late March fix to be in.

Dan McKenzie: Understood. Well, congrats on Sunseeker. It’s a beautiful resort you guys.

Maurice Gallagher: Well, I think, Dan, just so the audience knows that we’re behind probably, candidly, where we might have been if we really had integrated and had a very focused start date. And we’re putting all that together now with the teams start testing and finding out what works, what’s effective and things like that. And the 2 websites, candidly, as Scott said, we have 150 million people coming through, there was that 3 million a day type of thing. And some figure doesn’t get near that type of traffic. So we definitely want to be mindful of how to balance that and push the traffic over to those guys efficiently and easily.

Operator: Your next question comes from the line of Christopher Stathoulopoulos with Susquehanna.

Christopher Stathoulopoulos: I just want to clarify your comment with respect to non-RevPAR — I guess, non-room revenue. So getting to an implied RevPAR around $210 million for the non-room piece. Did I hear you say 50% of the total?

Scott DeAngelo: That’s correct.

Christopher Stathoulopoulos: Okay. Great. And then on the airline side, just some color in terms of the perhaps composition and distribution of your capacity this year, including the new Boeing aircraft. So thinking about departure, stage engage and the markets where you anticipate growing the most.

Drew Wells: Sure. I’ll probably stop short of telling everyone where we’re going to be growing the most. But I think in general, looking around mid-singles for growth, I think we’re 2% to 6% for the year with some upside coming in the summer that I talked about in the prepared remarks. I think we have a little benefit from stage engage this year that will outpace simply the seat growth. Kind of similar to Robert’s comments, it’s a little hard to give great detail on the back half of the year that there’s still some details maybe worked out in terms of the cadence and timing of Boeing deliveries to fully round out that answer. But as we think about summer, we’re not as dependent on the MAX, certainly through 2Q and only slightly so into 3Q. So I feel pretty good about where we stand there. Just stay tuned for DO updates in the next couple of weeks, it will have a lot more for you.

Operator: That is all the time we have for Q&A. I will turn the call to Maury Gallagher for closing remarks.

Maurice Gallagher: Thank you all very much for your time as usual. And we appreciate your interest and your questions. Follow-up questions direct through Sherry and her team and we’ll be talking to you in 90 days. Thank you very much. Have a good week.

Operator: This concludes your conference call. Thanks for listening. You may now disconnect your lines.

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