Among the noteworthy quotes from this week's stories is Hilton's Chris Nassetta talking about rating current risk more to the upside than downside.
QUOTE OF THE WEEK
“My own view is… the market is asymmetrically taking the risk of downside. I
think it’s a much more equally weighted risk. I am an optimist by nature… The
intermediate to longer-term risk is probably more weighted on the upside.” –
Chris Nassetta, Hilton Read story
“We are thrilled to add citizenM as a unique, differentiated
offering to our select-service brand portfolio as we continue to strengthen
Marriott’s foothold in this valuable market segment around the world. Marriott
has a proven track record of growing acquired brands significantly by
leveraging our global development ecosystem, the benefits of our
industry-leading affiliation cost structure, and the power of our award-winning
Marriott Bonvoy loyalty platform.” – Anthony Capuano, Marriott International Read story
“There’s quite a bit to do: experiential travel,
all-inclusive luxury, etc., and maybe some of that is a little bit more
resilient to the short-term movement or challenges that we’re hearing right now.
But if there’s one thing about CALA, it’s that this region is super resilient.”
– Gilda Alvardo Perez, Accor Read story
“With so much dry powder chasing yield, the real question going forward is: Will there be enough demand, and enough viable deals, to absorb all the capital that’s been raised?” – Ryan Bosch, Arriba Capital Read story
“As we look ahead, recent shifts in booking
behavior—particularly in shorter-term demand—have led us to modestly revise our
outlook for the remainder of the year. That said, we remain confident in the
resilience of our asset-light business model, the strength of our brand
portfolio, and our ability to adapt to evolving market conditions. We are
excited about the momentum in our pipeline and the continued strong demand
we're seeing for our brands around the world.” – Mark Hoplamazian, Hyatt Hotels
Corp. Read story
“While the macro environment remains uncertain, we’re
staying focused on what we can control — investing in high-quality growth,
executing with discipline and supporting our franchisees. Our asset-light,
franchise-only business model has consistently outperformed during economic
downturns and positions us well to deliver long-term value for our shareholders
through all phases of any economic cycle.” – Geoff Ballotti, Wyndham Hotels
& Resorts Read story
“Despite the recent heightened macroeconomic uncertainty, we
are maintaining our 2025 comparable hotel RevPAR growth guidance range of 0.5%
to 2.5% over 2024. We are slightly reducing our comparable hotel Total RevPAR
growth guidance range to 0.7% to 2.7% over 2024, driven by moderating group
lead volume. We continue to believe Host's investment grade balance sheet,
ample liquidity, and continued reinvestment in our portfolio uniquely position
the company to successfully navigate the current environment and take advantage
of any potential opportunities.” – James Risoleo, Host Hotels &
Resorts Read story
“Our approach to modular construction is rooted in the same
fundamentals that have guided Noble for decades: disciplined decision-making,
thoughtful innovation and a focus on execution. For this project, the alignment
of the Marriott StudioRes brand prototype, site logistics and project timeline
made modular a compelling solution.” – Ben Brunt, Noble Investment Group Read story
“Mexico is a very strong market, but you go to places like
Antigua or St. Lucia or Grenada, you have to work with much smaller financial
institutions. What we are now looking into because we have nine destinations
where we operate, we’re trying to put together some multi-destination vehicles
for institutional investors.” – Daniel Diaz Trujillo, Blue Diamond Resorts Read story