Marriott targets budget travelers with new mid-scale extended-stay option
Marriott International CEO Anthony Capuano shared some insight on budget travelers during a Monday appearance on “The Claman Countdown.” He told host Liz Claman that Marriott International’s lower-income consumers “continue to prioritize travel, but they want to do it at a more thrifty price point,” citing spending data the company has through its credit card relationships. That has driven Marriott International to “push so strongly over the last two years into the mid-scale segment, which is a segment that ...