Marriott CEO: 'Cautiously Optimistic' – But Last-Minute Bookings Raise Concern

Marriott's business is holding up better than you'd think given the weak consumer sentiment. But things can turn fast.

Marriott CEO Anthony Capuano is telling investors that hotel demand continues to show resilience even as booking patterns become increasingly unpredictable and more last-minute, reflecting broader uncertainty about economic trajectories.

Speaking at the Morgan Stanley Travel and Leisure Conference on Tuesday, Capuano described his company's outlook as "cautiously optimistic." Yet he said that rising macroeconomic pressures have made forecasting more challenging.

"The one caveat to that feeling is how quickly that can change, given the shortness of the booking window," he said.

The world's largest hotel company has weathered recent volatility better tha