JUMPED IN.
WE WILL LEAVE IT THERE.
WITH THE ANALYSIS ON GENERAL
MARRIOTT INTERNATIONAL IT NOW
IS THE LARGEST HOTEL COMPANY.
SPREAD OUT ACROSS ITS 20
BRANDS.
THEY NOW HAD LOCATIONS IN
HUNDRED 26 COMPANIES.
THEY ARE UP 70% IN THE PAST
YEAR ALONE.
THANK YOU SO MUCH FOR JOINING
US.
WHAT IS BEHIND IT.
THE DEAL IS A GOOD DEAL.
I THINK THERE WAS GREAT RELIEF
THAT WE HAVE NOT STUMBLED.
AT LEAST NOT VISIBLY YET.
AND WE ARE OFF TO A GOOD
START.
IN THE SENSE IT IS A MULTIYEAR
AND SOME CULTURE.
BRANDS IS VERY DIFFERENT.
THE CULTURES ARE ACTUALLY MORE
SPACE.
WHEN YOU BRING THOSE TWO
THINGS TOGETHER AT SERTA FEEDS
ON THAT.
TOOLS FOR FOR THOSE INVESTED
IN THE COMPANY.
WHEN YOU EXPECT IT TO BE
COMPLETE.
ON THE GRILL BE ABLE TO STAY
FOR ANOTHER COUPLE OF YEARS
HOW WELL IT'S GONE.
WE WILL START TO SEE GOOD
PERFORMANCE AS THE YEAR GOES
ALONG.
SO FAR IT'S BEEN GREAT.
IT IS A BIG JOB.
I GUESS WE'VE A LOT OF
PROGRAM.
IF I'M A LONGTIME MEMBER IT'S
BEEN A HUNDRED NIGHTS A YEAR
WITH STARWOOD.
I HAVE MADE A CHOICE AND
CHOICE.
SO FAR THERE HAS BEEN GOOD.
BUT UNTIL WE GET THAT
COMPLETED WE WILL BE ELIGIBLE
AS A DEFINITIVE.
I THINK YOU'LL BE PLEASED WITH
WHAT'S COMING UP.
ABOUT 4% ECONOMIC GROWTH.
LET ME STEP BACK TO THE DAVOS
TRENDS.
ABOUT A 1.3 INTERNATIONAL
UP ABOUT 7% FROM THE YEAR
BEFORE.
THE U.S. SHARE WAS DOWN 4%.
THE U.S. IS A LESS FRIENDLY
DESTINATION ARE PROBABLY
TALKING ABOUT SECURITY MORE
THAN WE HEAD IN THE PAST.
YOU WOULD EXPECT THERE TO BE
SOME HESITATION.
WHERE HERE SAYING LET'S WORK
ON SECURITY AND THE
INTERNATIONAL TRAVEL.
AND LET'S COMPETE FOR IT.
BECAUSE BUSINESS COULD BE EVEN
TO THE U.S.
IT'S A VISITATION TO THE
AIRPORT WAS UP 2017.
IT'S NOT JUST OUR DATA WE ARE
SEEING REVERSING GROWTH
OVERALL THE WORLD WE SEE
AMERICANS COME TO EUROPE
SHARE.