- Reuters
Marriott CEO says company watching if slowdown in spending from lower-income travelers is sustained
Marriott International's Chief Executive Officer Anthony Capuano said on Wednesday that the company is watching if the slowdown in travel spending from lower-income consumers will hold in the third-quarter. "In the second-quarter, we saw just a little bit of a pullback on the ancillary spend [on] food, beverage and spa," Capuano said at a travel conference in New York.
- Zacks
Zacks Industry Outlook Marriott International, Hilton Worldwide and Hyatt Hotels
Marriott International, Hilton Worldwide and Hyatt Hotels have been highlighted in this Industry Outlook article.
- Zacks
3 Hotels & Motels Stocks to Watch Despite Industry Concerns
The industry is benefiting from robust demand and digitalization. Stocks like MAR, HLT and H will likely benefit from the prevailing scenario.
