Asia Is a Great Story for Us, Says Marriott International’s Smith

The video discusses the growth of leisure travel, particularly from China, despite economic slowdowns and trade tensions. It highlights the importance of digital transformation in the hospitality industry and the strategic management of American brands in China. The company is expanding in Asia, focusing on leisure travel and digital innovations to enhance customer experience.

What is the main driver of growth in the travel industry according to the transcript?

• Leisure travel

• Corporate travel

• Business travel

• Domestic travel

Which region is identified as a major source of international arrivals?

• North America

• Europe

• Asia

• Africa

What has replaced the slowdown in some business sectors?

• Corporate investments

• Domestic tourism

• Leisure travel

• Increased manufacturing

What percentage of luxury hotel openings are in China?

• 30%

• 90%

• 50%

• 70%

What is considered a potential risk to tourism growth?

• Increased leisure travel

• Trade tensions

• Border restrictions

• Digital transformation

What new digital initiative has been launched in the travel industry?

• A travel agency

• A booking website

• A travel app

• A new hotel chain

How does the company mitigate the risk of brand boycotts in China?

• By focusing on domestic markets

• By increasing advertising

• By partnering with local companies

• By reducing operations