CEOs of 5 Leading Hotel Brands on Their Hopes and Fears in 2016
Photo Credit: Hotel group CEOs kicked off the 2016 NYU Hospitality Industry Investment Conference yesterday. NYU School of Hospitality
Skift Take
The hotel industry has never had a more promising future, but terrorism, disease, and the rise of nationalism worldwide pose varying threats.
Airbnb, disease, terrorism, the TSA, Donald Trump, and the best business climate ever mark the biggest trends impacting hospitality and tourism today, according to the CEOs of Marriott International, Hilton Worldwide, InterContinental Hotels Group, Choice Hotels, and Loews Hotels, who spoke at the NYU International Hospitality Industry Investment Conference yesterday.
Christopher Nassetta, CEO of Hilton Worldwide, repeatedly attempted to put the overall state of the hotel business in a rosy perspective to provide greater context around some of the more troubling trends impacting travel in 2016.
"Forget the next quarter or two," he said. "The next five, 10, 15 years, frankly, I think the rest of our lives for everybody in this room, all things being equal, are going to be fantastic in terms of what's going to happen in travel and tourism, what's going to happen in the hotel business, and what's going to happen in terms of our growth."
Nassetta and some of the other CEOs base
