Reported 4 months ago
Marriott International's CEO Anthony Capuano highlights the importance of leisure and international travel for the company's growth, forecasting revenue increases for the year. However, Capuano points out the significant challenge faced by hotel owners in accessing debt for new construction projects, especially in the US and western Europe, despite strong performance of existing assets in lenders' portfolios. The article includes insights from a discussion with Yahoo Finance Executive Editor Brian Sozzi on the company's expansion plans, pricing strategies, and market outlook.
Source: YAHOO