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Skift Travel News Blog

Short stories and posts about the daily news happenings around the travel industry.

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Marriott CEO Tony Capuano Sees “Extraordinary Pricing”

2 years ago

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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