What Marriott’s CEO Says About the Prospect of Another Mega-Merger
Photo Credit: Marriott CEO Tony Capuano (left) in talks with Skift Senior Hospitality Editor Sean O'Neill at Skift Global Forum on Tuesday, Sept. 20, in New York City. Skift / Neil van Niekerk
Skift Take
Anthony Capuano, CEO of Marriott International, will not be surprised if a big merger or acquisition shakes up the hotel industry, but it most likely won't involve his brand.
Mergers and acquisitions have become particularly attractive for companies in dozens of industries post-pandemic, but not for Marriott International CEO Anthony Capuano.
"We don’t feel a burning need to do a (merger and acquisition) deal just for the sake of growth," said Capuano in discussion with Senior Hospitality Editor Sean O'Neill at Skift Global Forum on Tuesday.
Attendees polled at the Skift Global Forum were almost evenly split when ask
