We wanted to share with you these two CNBC Exclusive Interviews on Friday February 22, 2013 with two iconic CEOs, Ed Walter, President & CEO of Host Hotels and Arne Sorenson, President & CEO of Marriott Hotels & Resorts.
Clearly, both have a very good view from where they sit and both are optimistic. Although one is a bit more optimistic than the other. Ed Walters speaks about the current recovery cycle lasting longer than ones in the past, while Arne Sorenson cautiously warns what the looming threat of sequestration (the automatic government spending cuts that will take effect March 1) could have on travel and our industry.
I hope you enjoy these two 7 minute video clips.
Click on the images above to view or use this link.
(A 15 second commercial may precede the video.)
Frank M. Speranza