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: