U.S. travel market settling into stable environment: Marriott CEO
11/07/2023 22:35
As consumer resiliency has continued, Marriott International CEO & President Anthony Capuano sits down with Yahoo Finance Executive Editor Brian Sozzi at Yahoo Finance Invest to discuss the state of the hospitality industry. “What’s encouraging to me, we’re seeing strength across all three segments,” Capuano notes, as the company has seen revenue growth in leisure, forward bookings in the group segment, and business transient in the United States. “We’re seeing consistent strength across the segments.” “Folks have concluded how much they love travel, and when that was temporarily taken away from them... it was a reminder of that deep passion to explore the world and now that borders are opening, they want to make sure they take full advantage of those opportunities,” Capuano adds. Click here to watch more from Yahoo Finance Invest.
As consumer resiliency has continued, Marriott International CEO & President Anthony Capuano sits down with Yahoo Finance Executive Editor Brian Sozzi at Yahoo Finance Invest to discuss the state of the hospitality industry.
“What’s encouraging to me, we’re seeing strength across all three segments,” Capuano notes, as the company has seen revenue growth in leisure, forward bookings in the group segment, and business transient in the United States. “We’re seeing consistent strength across the segments.”
“Folks have concluded how much they love travel, and when that was temporarily taken away from them... it was a reminder of that deep passion to explore the world and now that borders are opening, they want to make sure they take full advantage of those opportunities,” Capuano adds.
Click here to watch more from Yahoo Finance Invest.