People ‘were reminded how much they love to travel’

Marriott International CEO Anthony Capuano joins Yahoo Finance Live to discuss company earnings, inflation, travel demand, pricing, consumer spending, human trafficking training, and the outlook for growth.

Video Transcript

BRIAN SOZZI: Travel demand is officially back, despite a higher price tag. Marriott saw revenue per average room climb nearly 29% year over year in the fourth quarter and is predicting the good news will continue into this year with business and cross-border travel demand expected to carry over. Marriott President and CEO Anthony Capuano joins us now. Thanks for traveling to our studio today.

ANTHONY CAPUANO: Of course. Good to see you. Good to be back.

BRIAN SOZZI: Yeah, upbeat earnings day for the Marriott team. Upbeat earnings call, I would say. And really, one of the takeaways that you brought up– abundantly clear people love to travel. Why is it still happening here and happening in a big way?

ANTHONY CAPUANO: A whole host of reasons. Even before the pandemic, we saw shifts in the data away from spending on hard goods towards experiences. I think the psychological impact of being locked down for some portion of the pandemic has only accelerated the trend that had already started.

BRIAN SOZZI: And it’s still revenge travel, or is this something else developing? Now it just seems that it is being etched into our fabric.

ANTHONY CAPUANO: I don’t know that it’s revenge. I think people were reminded how much they love to travel, explore new places, try new foods, immerse themselves in new cultures, and some of the events that were postponed– birthdays, weddings, bar mitzvahs, and the like. And so people were reminded of the value of travel.

BRIAN SOZZI: I just realized, Anthony, in real-time, I haven’t been on a vacation in about seven years.

ANTHONY CAPUANO:

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The 5 Best Kenya Holiday Destinations for Business Travelers

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Kenya is East Africa’s preeminent safari destination. Thanks to its rich biodiversity, stunning landscapes, and beautiful people. The country is particularly known for its vast collection of wildlife and enchanting beaches, which are the greatest highlights for most international tourists. 

One of the best things about going on a bleisure trip in Kenya is that the country literally teems with tourist spots spread all over. From the iconic wildebeest migration in Masai Mara National Reserve to the towering Aberdare Ranges in the central highlands, the country has it all. And if you fancy a history-rich tour, you might consider heading far north to Turkana Country to uncover the cradle of mankind. 

In this post, we shall explore some of the best holiday destinations in Kenya to include in your business travel itinerary.

Aerial Photo of Nairobi Town

Source: Pixabay.com

  1. Nairobi

Nairobi is Kenya’s capital city, so it makes sense that it tops our list of the top destinations for business travelers

One of the best things about Nairobi is its robust transport infrastructure. You can easily access the city by flying into the Jomo Kenyatta International Airport from over 50 countries around the world. JKIA is the largest airport in the country and Africa’s 7th busiest by passenger traffic. It’s located just 18 kilometers southeast of the city’s central business district. 

Another airport, Wilson Airport, also lies south of the city, about 2.5 kilometers from Nairobi CBD. Unlike JKIA, Wilson Airport mostly handles flights to domestic and regional destinations. 

Still on infrastructure, Nairobi boasts an expansive road network and is also served

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