Marriott CEO on Future of Global Lodging

Marriott CEO on Future of Global Lodging

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video features an interview with Marriott CEO Tony Capuano discussing the impact of inflation and potential recession on the travel industry. Despite economic challenges, the travel sector shows strong recovery, driven by leisure and business travel. The pandemic has led to blended travel trends, with Marriott adapting its offerings to meet changing demands. The company is also leveraging its Homes and Villas platform to retain customers. Pricing strategies vary by market, with significant pricing power in leisure destinations. Marriott focuses on operational efficiencies to manage rising costs.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the current trends in the global travel and lodging industries as discussed by Tony Capuano?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the recovery in leisure travel impacted Marriott's business according to the conversation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes has Marriott made to accommodate the blending of business and leisure travel?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of Thursday and Sunday in the context of travel demand?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Marriott's Homes and Villas platform evolved during the pandemic?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What adjustments are travelers making in response to rising prices and inflation?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What operational efficiencies has Marriott sought during the pandemic?

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