Subscribe
Login
Hotels

Marriott CEO Says U.S. Travel Ban Financial Impact Is Minor, But May Deter Groups

Andrew Sheivachman

Photo Credit: Marriott CEO Arne Sorenson (left) and chairman Bill Marriott Jr. in Times Square in New York City September 30, 2016. Sorenson thinks President Trump's travel ban could adversely impact group business. Marriott International

Skift Take

Companies like Marriott International, with its strong global presence, are in a good position to capitalize on hotel demand that may shift away from the U.S. due to political concerns.

Marriott International hasn't seen a major impact on its hotels from the recent U.S. travel ban, but the real threat to the U.S. hotel business could come from a shift in perspective in the eyes of international travelers, especially groups. "We don't have a lot of data yet that would say this is a big deal in terms of stay and paid [travelers]," said Marriott International CEO Arne Sorenson on the company's fourth quarter earnings call today. "The seven countries called out in the executive order are not places where there is a lot of travel that comes to the U.S. and ob

Hotel coverage is exclusive for Skift Pro subscribers.

Subscribe for full access to all Skift coverage for as low as $55 a month.
See the latest hotel headlines.

Apple Pay, Google Pay, Paypal, VISA, Mastercard, Discover, American Express

Already a subscriber? Login