Marriott CEO Tony Capuano Sees “Extraordinary Pricing”
Marriott International CEO Anthony Capuano sat down with CNBC’s Andrew Ross Sorkin at the 2022 World Economic Forum to discuss what the company is seeing in travel demand.
- Capuano says revenue-per-room is off the charts.
- Margins were back to 2019 levels in April in the U.S., which represents about 70 percent of its business.
- Optimism is deserved because international tourism will boost demand further once pandemic restrictions are loosened.
- In the U.S., Marriott is back to the same level of open positions as in 2019.
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