Concerns about high inflation and a possible recession did little to dampen the mood at this year's NYU International Hospitality Industry Investment Conference.
NEW YORK - Hoteliers embodied a wide range of emotions about the state of the industry during the first day of the 45th annual NYU International Hospitality Industry Investment Conference.
Marriott hasn't unveiled a brand name yet, but the company did say that it will take a no-frills approach and target budget-conscious consumers with a room rate around $80 per night.
Marriott International announces plans to expand in affordable midscale segment with new extended stay lodging brand traveldailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveldailynews.com Daily Mail and Mail on Sunday newspapers.