Accor's Rosen on China Consumer Sentiment and Travel

The transcript discusses the cautious economic sentiment and spending trends post-COVID, highlighting a strong demand for travel and curated experiences. It explores hotel partnership strategies in China, emphasizing growth through master franchises and organic expansion. Consumer preferences for luxury travel experiences remain strong, with growth across all hotel sectors. Room rates in China are increasing, driven by demand. Macau's market is reviving, with a shift from gaming to entertainment. Currency fluctuations are a concern, but the business remains optimistic due to strong local currency results.

How are luxury travel experiences perceived by consumers currently?

What trends are emerging in the gaming and entertainment sectors in Macau?

What impact have currency fluctuations had on the hotel industry?