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.
Take a look and listen:
Up Next
Business Travel
The State of Corporate Travel and Expense 2025
A new report explores how for travel and finance managers are targeting enhanced ROI, new opportunities, greater efficiencies, time and money savings, and better experiences for employees with innovative travel and expense management solutions.
Sponsored Tourism
Saudi Arabia’s Push for Affordable Tourism Projects
Times are changing in the Middle East with the launch of new airlines, unified visas and an all-out entertainment economy.
Short-Term Rentals
Casago to Acquire Vacasa for $128 Million and Take It Private
Vacasa got hammered in the public markets and needed to go private. Whether Casago and Rootstock have the wherewithal to right the ship is an open question.
Tourism
Live Tourism Was 2024’s Most Important Story in Travel
In 2024, tourism pivoted to Live Tourism, with travelers chasing events and moments over destinations. Emotional, communal experiences dominated itineraries, transforming how brands package, promote, and deliver travel.
Airlines
2024 Was the Year of Airline Regulations. In 2025, Many Could Be Scrapped.
In 2024, we saw Washington clamp down on the airline industry with a slate of regulations, investigations and merger decisions. Now, as Donald Trump is set for a second term, we could see a loosening in regulations and more merger activity.