Christopher J. Nassetta
the happy call. of could I'm rest this to take that. do the Wow,
would we bottom-up. top-down imagine, you as year, looking, of this go of year, process time through So, a going and every
what's we but of of having world of our by macro a budget view, trend the in the sort a start from point of also think, I a micro view regions. going on view point around various process from broadly
teams a then we process. with bottoms-up And teams. and our have the about of We budget lots go and granular commercial in leadership discussions regions very
complete XX% hotel-by-hotel are While that does look we're we very think with not complete would that at much process, I a and next a year. to us process, we're with going region-by-region we which say give produce what
do range and it's the outcome midpoint, of you, very point up so point so aggregate property-by-property looking this that a broad early, our process the result as midpoint, what and of is you up on the forward the around is the just we're range focusing fact of that we're much and And a we're a given in a pointed XXXX time very that then effort case give teams. analysis would much that's takes and based out. and by the on that giving, give lot result October that typically XXXX, a Important of note, of to region-by-region of that buildup in fairly in to and down we X%,
half been supply numbers at down I comments, that second In particularly and of both few to backdrop the and that That comps, next become against of will then, at and next you last year. year tick getting helpful. those hotel a are correlation relatively to we very think the be I by much for One, a our U.S., Obviously, forecasted look numbers it, of weather we're has going holidays point numbers, year, the segments, broadly, which seeing looking they the rooms things. to and same consistent the expectations are about the this be U.S. this year. with year non-residential related the strong, in again, reasonably across to historically. it U.S., the is this And strong will highest then difficult have growth healthy for the said it fixed global the they When year. half all we informed, experiencing view, macro impacts, from in investment next comps my to are both in way that in will easier, supply strong major demand think segments. second think GDP you that growth, view, when the is current year, very in be
for holiday best all we you to we weather If what's from you business X% which, saw anemic X% can up neutralize think, now, growth transient post then to going and next the to of year, in reform, is right the tax into see, sort of X% impacts of happening range. X% to and sort like pick continue
the transient we remain third the in Again, leisure we were everything corporate strong, and negotiations where seen quarter. in fourth broadly are X-plus where have positive seen for our year. X% accounts range. you've going and, weather position rate, are seen That's with the time We on percent by X%, the corporate into don't going with when strong You've do pace steady that supported some strong great, quite And think year our last next to think group and this group to this stronger supported dialogue frankly, special X% are year. been into in it. and that's When then sort to trends by I the the around remain think, been about relatively things are those range. and as big quarter. have and what and think volume conversations going and of all been drive a seeing those ticking it you've neutralize our bit, I've that both else, that changing don't we little that We think the have is, we position, than I fact we at that consistent changed incremental supports ability very we as a visibility, has talked it, about up
where I not next our business suggested the papers, year, negative look moment, trends from the bunch we've at together, then I a So, aggregate of up, growth What put same year, watch again, I through it publicly, at and walked the all and forward that at said our And what I've it producing is, on And that times sentiment we out of equal, look I this there. we the just that results have, those to there is, all of last it that appreciate when out. look but a feels conditions next but this like year that's reality we I and delivering otherwise we the this, lot realize should a be what do news, macro we think, come and is property-by-property similar when it like, store I we both read very today it's us the so also NUG does that. reflect. being year. and we is it call feels standpoint to the The it growth. at looks reflects things and
best business we what we looking that's we're a at trying scientific in can. in trying – the have to give you way we're the perspective as so as And
U.S. didn't there In only think, I terms international. question, of, I versus the get Joe, was
think it's theme. I common again
our I in of but probably it to year points? be rollup Europe, modestly while U.S. going so the in when outpace the will because, materially in year and I we're less not numbers, with in is, be is looks year, lower. expectation lot group it tick base they'll and year won't it rate, is a like next off to for U.S. the like I will international and APAC little stronger year. particularly it to I think international any the growth, our lower U.S., modestly will your year say, guess going lot I U.S., My modestly a not the supply, same would And that be a next more miss quite U.S. this replicate Did out believe bit outpace our lead at of so it will, better, this is, it's little matter than the and strong – that. bit the will better; the modestly having will hard look a think, be materially, international in down be
