Articles tagged “Arne Sorenson”

It's unlikely economic lockdowns are in the cards for preventing future coronavirus case surges in the U.S., and Marriott CEO Arne Sorenson's defense of "hygiene theater" shows what the business community sees as a viable alternative safety measure.

The U.S. hotel industry may have strong momentum behind its initial recovery, but strong government leadership will be key in keeping the recovery consistent.

Marriott's Arne Sorenson is optimistic that hotels will eventually go back to pre-coronavirus performance levels, but the biggest uncertainty remains over how long group travel fears will prevent business from a full rebound.

A full economic recovery is years away, and the path it takes is largely uncertain. Germany, with its strong domestic traveler base, could be a surprisingly strong performer in a hotel industry on the rebound.

Marriott sees early signs of travel demand coming back to properties in China and North America. But its plans to mount an aggressive marketing campaign to take as much of the early recovery market share as possible recognizes it will be tough competition on the rebound.

It's fairly certain that many Marriott International-affiliated properties will never reopen. CEO Arne Sorenson is showing leadership in being candid about the tough measures the hotel chain has to take to emerge with a business worth running when coronavirus hopefully fades.

All eyes will be on the American presidential campaign come 2020, but despite all the attention on the nation's capital, the effect that an election year has on tourism in Washington D.C. isn't so straightforward.

Marriott keeps growing despite a drop in earnings this quarter. CEO Arne Sorenson is optimistic, even as he prepares for surgery to treat his pancreatic cancer. Sorenson isn't missing his morning workouts, and said he would be healthy for the next earnings call in 2020.