The CEOs of Marriott International, Hilton Worldwide, InterContinental Hotels Group, Choice Hotels and Loews spoke at the NYU International Hospitality Industry Investment Conference, amongst other things about the effect of Airbnb, disease, terrorism, the Transportation Security Administration (TSA), Donald Trump and the business climate on the US hospitality industry.

World Tourism Organisation statistics show a rise in international tourists from 1 billion to 1.8 billion by 2030, so general discussion was optimistic especially around the growth of the global middle class and Millennial preferences for experiences over things, as well as new hotel development opportunities in emerging markets.

The threats discussed included the rise of nationalism across the world, and the strengthening of borders; the Zika virus in Puerto Rico and 13 other countries in the Caribbean; the forthcoming US election; growing fears of terrorism worldwide; images of long TSA lines at America’s gateway airports; and the rise of Airbnb and the threat that room-sharing companies have on legacy hospitality’s market share.

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