Marriott Is Very Bullish on Power of Travel: Menon

Marriott Is Very Bullish on Power of Travel: Menon

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses Marriott's strategic positioning in the Asia Pacific region amid economic challenges like the banking crisis and high inflation. It highlights the strong recovery in travel demand, with significant occupancy growth in markets such as Australia, India, and Korea. The reopening of China is seen as a major factor influencing future growth, with expectations of increased Chinese tourism. The video concludes with an optimistic outlook for travel opportunities in the second half of 2023, as more countries open their borders.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which markets in Asia Pacific have shown strong performance for Marriott?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for the second half of 2023 in terms of hotel occupancy and growth?

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