Marriott CEO shows how the less profitable travelers have changed the hotel strategy

Marriott International CEO Anthony Capuano shared some thoughts on budget travelers on Monday “Claman Countdown”.

Homeowner Liz Claman’s Marriott International’s less profitable consumers “continue to prioritize the trip, but they want to do it More pronounced price point“The company, which referring to spending information, passes through credit card relationships.

This is Marriott International, pushed to a strong segment to such a strong segment in the last two years, in a segment that does not operate so far, “Capuano was in Capuano”.

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This company began with the purchase of the city express. The company received 2022 in 2022 Sab de CV Hotels in the City Express, SAB de CV, the city Express brand portfolio.

“We also developed an organic expanded stay average-scale product Called Studores, “he said.

Monday, Marriott’s first stodists opened in Florida on Monday. Extended hotel “One or two beds, one or two beds, a stove microwave and a house of a kitchen and a full-size refrigerator, offers a studio style rooms.”

Marriott asked about what was different from other brands, Capuano Claman’s “start from the price point.”

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“Starting more modest services,” he said. “These are a temporary task, perhaps a construction project or advice task. They may be digital nomads.”

He said, “At the point of product, this product resonates with more cost consumers.”

Capuano also said the “width of the Marriott portfolio, the company can offer right accommodation For every travel goal of frequent varies regardless of income. ”

Marriott brands Ritz-Carlton, St. Enter Regis, Sheraton, Courtyard, Westin, Moxy and others.

The company earned $ 6.26 billion in revenue in the first quarter. Meanwhile, his net income came 665 million dollars.

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