Hilton and Marriott Voice Support for Smart Visas
Monday January 28th, 2013 - 12:19AM
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DAVOS, SWITZERLAND–The CEOs of Hilton Worldwide and Marriott International have urged governments to adopt smart visa policies that stimulate global travel, create new jobs and spur economic development.
Hilton's Christopher Nassetta and Marriott's Arne Sorenson spoke on behalf of the smart visa program at the World Economic Forum held here last week. Smart visas are intended to facilitate travel and, therefore, hotel stays, while removing process inefficiencies caused by arduous visa requirements.
The most recent NYU Conference, earlier this month proved, once and for all, that the lodging industry has finally turned the corner and happy days are, indeed, here again. While the economists and pundits all provided plenty of anecdotal evidence to bear that out in terms of supply and demand ratios, RevPAR projections, asset values and all the other metrics, that’s not what has me convinced.