Among the noteworthy quotes from this week's stories is Marriott's Anthony Capuano talking about the short-term demand environment.
QUOTE OF THE WEEK
“In general, there was a lot of optimism coming into the year. Our business is so closely linked to consumer confidence and the instability that you see with the short-term hit that the public markets have taken; those are not particularly powerful drivers of consumer confidence. I think our owners and franchisees worry a little bit about the short-term demand environment. They worry a little bit about a protracted trade war if that’s where we end up — it could have a real impact on construction costs, to be sure — and the impact on inbound and outbound international travelers. They worry about all the factors that could negatively influence consumer confidence.” – Anthony Capuano, Marriott International Read story
“I don’t think you’re seeing those regional banks take on a new borrower unless, from a development perspective, they have experience [with them]. So, they’re jumping back in, but they’re starting with their existing customer base, and that’s why we’re staying.” – Sanat Patel, Avana Capital Read story
Read the full article: https://www.hotelinvestmenttoday.com/Thought-Leadership/Insights/Quotes-of-the-Week-Marriott-Accor-AAHOA-Sage
This article was originally published on hotelinvestmenttoday.com. Accessed on April 10, 2025.
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