Marriott CEO Doesn't See Powerful Evidence of a Trump Effect on Business Travel
Skift Take
Judging by Sorenson's open letter to President-Elect Trump in November, it does seem the Marriott CEO is open to working with the new administration, but he's also very concerned about Trump's more xenophobic policies and the harm they could do to the travel industry overall.
Last November's post-election boost in business travel numbers isn't convincing enough for Marriott International CEO Arne Sorenson to believe in a so-called "Trump Bump."
During a CNBC interview today from the World Economic Forum in Davos, Switzerland, Sorenson was asked if the Trump effect would be meaningful to Marriott's business.
"I think we would say that [a Trump effect] is not proven yet," Sorenson said. "We continue to see an economy that's growing, [in] the U.S. in particularly, albeit at a fairly modest rate. Maybe there are some glimmers of h
