How Israel-Hamas conflict is impacting business: Marriott CEO
11/07/2023 23:15
The ongoing war between Israel and Hamas continues to have ripple effects across the globe. Marriott International (MAR) CEO and President, Anthony Capuano, sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss how the hospitality business has been impacted in that region and what he is telling world leaders when the topic is addressed. "We look at the tragedy there through two lenses," Capuano explained, "We look at it from a human toll, which is extraordinary, we continue — I'm sure like your audience — to pray for a peaceful resolution. From a clinical business perspective, today, it's relatively modest impact on our business, but we do worry about the potential ripple effects across broader markets in the region." Click here to watch more from Yahoo Finance Invest.
The ongoing war between Israel and Hamas continues to have ripple effects across the globe. Marriott International (MAR) CEO and President, Anthony Capuano, sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss how the hospitality business has been impacted in that region and what he is telling world leaders when the topic is addressed.
"We look at the tragedy there through two lenses," Capuano explained, "We look at it from a human toll, which is extraordinary, we continue — I'm sure like your audience — to pray for a peaceful resolution. From a clinical business perspective, today, it's relatively modest impact on our business, but we do worry about the potential ripple effects across broader markets in the region."
Click here to watch more from Yahoo Finance Invest.