Intercontinental's CEO Says He's Confident of Outlook

The transcript discusses the company's confidence in its business growth, driven by the US and Greater China markets. It explores the impact of the US economy and policies, such as the travel ban, on the hotel industry. The company is not focused on M&A for size but rather on innovation and operational excellence. Tax cuts and lobbying efforts are also mentioned, with an emphasis on long-term growth and profitability.

What is the primary reason for the company's confidence in its business growth?

• Decrease in global competition

• Growth in American and Chinese markets

• Increase in oil prices

• Expansion in European markets

How has the US political climate affected the hotel industry according to the transcript?

• It has led to a decrease in domestic travel.

• It has caused a significant drop in international bookings.

• It has had a marginal impact due to domestic focus.

• It has resulted in increased taxes for the industry.

What has been the trend in travel demand in the US according to the transcript?

• A shift towards international travel

• Record levels of demand and occupancy

• Stable with no significant changes

• A decline due to economic uncertainty

What is the company's approach towards mergers and acquisitions?

• Prioritizing mergers to increase market size

• Aggressively pursuing large acquisitions

• Avoiding any form of business expansion

• Focusing on operational excellence and innovation

What is the company's main focus in terms of brand development?

• Increasing the number of luxury brands

• Opening new hotels in Europe

• Innovating with existing brands

• Reducing the number of hotel rooms