Marriott CEO says company watching if slowdown in spending from lower-income travelers is sustained

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Marriott International News

Anthony Capuano,Chief Executive Officer

Marriott International's Chief Executive Officer Anthony Capuano said on Wednesday that the company is watching if the slowdown in travel spending from lower...

NEW YORK - Marriott International's Chief Executive Officer Anthony Capuano said on Wednesday that the company is watching if the slowdown in travel spending from lower-income consumers will hold in the third-quarter.

"In the second-quarter, we saw just a little bit of a pullback on the ancillary spend food, beverage and spa," Capuano said at a travel conference in New York. "We'll watch that over the next couple quarters to see if it was a blip or if they're being a little more judicious in their spending.

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