67 WALL STREET, New York - November 22, 2009 - The Wall Street Transcript has just published its Travel and Leisure Report offering a timely review of the sector to serious investors and industry executives. This 137 page report contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available via The Wall Street Transcript Online.

Topics covered: Consumer Traveler Spending - U-Shaped Recovery in Restaurant Sector - Low-Cost and Network Airlines - Airline Carriers and Online Travel Agencies - Hotel Occupancy Rates - Improvement in Transportation Sector - Upscale Casual and Fast Casual Restaurants - Near-Term Risk in Hotel Space - Fuel Prices a Universal Concern - Restaurant Industry Stability - Increased Consolidation in Airline Industry - Firming of Traffic Trends in Restaurant Space

Companies include: Vail Resorts, Inc. (MTN); Air France-KLM (AFLYY); AirTrans (AAI); Alaska Air Group (ALK); Allegiant Travel Group (ALGT); American Airlines (AMR); Applebee's (APPB); Ashford (AHT); BJ's Restaurants (BJRI); Boeing (BA); Brinker (EAT); British Airways (BAY); Buffalo Wild Wings (BWLD); Burger King Corp (BKC); California Pizza Kitchen (CPKI); Carnival (CCL); Cheesecake Factories (CAKE); Chipotle Mexican Grill (CMG); Choice (CHH); Continental (CAL); Darden (DRI); Deltas (DAL); Denny's (DENN); DiamondRock (DRH); Domino's (DPZ); Expedia (EXPE); Famous Dave's (DAVE); FelCor (FCH); Gaylord Entertainment (GET); Great Wolf Resorts (WOLF); Green Mountain (GMCR); Hawaiian Holdings (HA); Home Inns & Hotels (HMIN); Hospitality Properties Trust (HPT); JetBlues (JBLU); LaSalle Hotel Properties (LHO); Lufthansa (LHA); MHI Hospitality Corporation (MDH); Marriott (MAR); McDonald's (MCD); Mesa (MESA); Morton's (MRT); National Business Travel Association (NBTA); National Mediation Board (NMB); Orbitz (OWW); P.F. Chang's (PFCB); Panera Bread (PNRA); Peet's (PEET); Priceline (PCLN); Republic (RJET); Royal (RCL); Royal Caribbean International (HST); Ruby Tuesday (RT); Ruth's Chris Steakhouse (RUTH); Sonesta (SNSTA); Sonic (SONC); Southwests (LUV); Spicy Pickle (SPKL.OB); Starbucks (SBUX); Starwood (HOT); Strategic (BEE); Sunstone (SHO); Texas Roadhouse (TXRH); UFood (UFFC.OB); US Air (LCC); Uniteds (UAUA); Wyndham (WYN).

In the following brief excerpt from just one of the in depth interviews in the 137 page Special Report, a senior executive from Burking King Corporation discusses her outlook for her company.

AMY WAGNER has served as the Senior Vice President, Investor Relations and Global Communications, for Burger King Corp. since June 2007. Previously she served as Senior Vice President, Investor Relations, from April 2006 to June 2007. From February 1990 to April 2006, Ms. Wagner served in various corporate finance positions at Ryder System, Inc., including Vice President, Risk Management and Insurance Operations, from January 2003 to April 2006 and Group Director, Investor Relations, from June 2001 to January 2003.

TWST: Many investors are most likely familiar with the company. Would you give me a sense of the two or three key things that you're doing right now that you'd like investors to know about?

Ms. Wagner: We are obviously living and working in unique times right now, with the consumer under significant buying pressure. But there are things that we're doing at Burger King Corp (BKC). to lay the foundation for future growth of the company. One long-term focus of the corporation is on the number of new restaurants that we are building around the globe, and the fact that we are significantly under-penetrated in many of the countries in which we have a presence. And so we are focused on continuing to grow the brand worldwide. Domestically, there is a big initiative to upgrade our current portfolio, and take it to a much more contemporary look and feel of the new Burger King brand. Those are really two big initiatives that, even with some of the consumer pressures we are facing, we believe will help set the brand up for success over the long term.

TWST: Tell me about your background and those of some of the company's key leadership team members.

Ms. Wagner: I have a very solid corporate finance background. I have an MBA in finance. Very first year out of MBA school, I actually worked with Burger King Corporation 20 years ago doing accounting work. And then I left for 16 years and worked for Ryder System, Inc., a transportation and logistics company, in various corporate finance functions. I came back to BKC about four years ago, right before the company went public, to help with the IPO process and then to develop the investor relations practice here at the company. A year after that, John Chidsey, our Chairman and CEO, asked me to take over all of global communications and public relations in addition to the investor relations function. As for the key members of the executive team, many of them have very strong consumer brands backgrounds as well as franchising backgrounds. I believe our company is led by a very good complement of professionals who understand the uniqueness of franchising and who also really understand how to serve the consumer.

TWST: You already mentioned the difficult environment we're in right now. Would you give a brief description of the outlook for your industry and for Burger King in particular right now?

Ms. Wagner: We believe that specifically for fast-food hamburger restaurants, performance is closely correlated with unemployment. I think - and most economists predict - there is not going to be unemployment rate relief anytime soon. We probably have several more quarters' headwinds ahead of us before the unemployment rate even starts to get a bit better. I think until that happens, it's going be a difficult consumer and operating environment until that change occurs.

AMY E. WAGNER

Senior Vice President

Burger King Corp.

The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This 137 page special issue is available via The Wall Street Transcript Online .

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