Marriott CEO Sorenson on Asia Pipeline, U.S. Travel Ban

Marriott CEO Sorenson on Asia Pipeline, U.S. Travel Ban

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Business, Architecture, Life Skills

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The transcript discusses Marriott International's expansion plans in Asia, including new hotel deals in Malaysia and Japan. It highlights the company's growth strategy, with 600 hotels open and 500 in the pipeline. The global economic outlook is positive, with strong performance in Asia and moderate growth in the US. The impact of the US travel ban on international travel is also addressed, noting a decline in US market share.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends are observed in the global economy that affect Marriott International's operations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the growth of the middle class influence leisure travel according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for GDP growth in the United States for 2018?

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