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steadybase-$ person Chris Nassetta
nameChris Nassetta
roleCEO
linkedin none on file
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So I would say, you know, India being, you know, first and foremost, I mean, we think easily it's a 10 or 20X sort of opportunity. We have, whatever, 40 hotels in India. I mean, with the deals like the one we announced today, we sort of have 400 - in and around the pipeline are under development. So India is definitely one. Southeast Asia is another where we have a big presence, but we think the opportunity is to be three or four times the size that we have. Kala, the broader Kala environment. We've got a big presence of 300 hotels, but we think we could be easily two or three times that size. KSA, you know, we have 25, 30 hotels. We think we can easily be four to five times that, probably even more, as well as other parts of the Middle East. Obviously, the Middle East we just talked about. There's some challenges, but, yeah, in part because I'm always an optimist, but I do think one way or another this will settle down, and there's a lot of momentum there. underlying travel and tourism in the Middle East that I think will pick up pretty quickly when you get to the other side of this conflict. So, I mean, you know, and I shouldn't forget Africa, where, you know, huge population, what is, you know, we've been there for many, many decades, but have a relatively small base and a huge opportunity.

Apr 28, 2026 / CEO / receipt, needs a key / Chris Nassetta, CEO | earnings call 2026-04-28 | transcript 7fe70478-f528-4bba-8717-cc75d21ea560 | chars 48261-49575 | segment 48

I mean, it's anecdotal, but I don't really talk to any of our major customers that say, like, they're not going to be traveling more next year. I don't talk to any of our customers that don't understand they're going to be paying a little bit more for the product next year.

Oct 22, 2025 / CEO / receipt, needs a key / Chris Nassetta, CEO | earnings call 2025-10-22 | transcript a6af9fa9-5d25-462c-aefa-8eab6ae807c7 | chars 44637-44911 | segment 45

Last quarter, we announced Hilton for Business, our multifaceted program designed to transform the travel experience for small and medium-sized businesses by providing a new booking website along with targeted benefits designed specifically for SMBs.

Feb 7, 2024 / CEO / receipt, needs a key / Chris Nassetta, CEO | earnings call 2024-02-07 | transcript b367300c-6f6b-4b54-868d-b952fd09ac18 | chars 7719-7969 | segment 7

Feel, you know, pretty good about next year. We'll get back to you on exactly what we think as we get through our budget process. given the macro view of what next year is going to be like and the pent-up demand, particularly in group, but also in business travel, we feel very good about it.

Oct 25, 2023 / CEO / receipt, needs a key / Chris Nassetta, CEO | earnings call 2023-10-25 | transcript 227bba2f-795d-463e-9dc3-f8be32f890a8 | chars 51313-51605 | segment 53

It's like, I travel all over the world. We have owners that are super loyal to us, you know, and many of them want to build a luxury lifestyle hotel. And we don't really have a product for them. And so literally they're doing it with other people just because we don't have a product. And that makes me crazy.

Oct 25, 2023 / CEO / receipt, needs a key / Chris Nassetta, CEO | earnings call 2023-10-25 | transcript 227bba2f-795d-463e-9dc3-f8be32f890a8 | chars 45289-45598 | segment 46

And, you know, at least what sight lines we have in the business transient, talking to a bunch of customers, which I've done very recently, and certainly our sales team talks to them all the time, and we, you know, got everybody together, as we always do, last week to talk about it. You know, they're feeling, you know, quite good, particularly the SMBs, which is at this point 85% plus of our business, you know, they're traveling more. They're feeling reasonably good about soft landing and their business.

Jul 26, 2023 / CEO / receipt, needs a key / Chris Nassetta, CEO | earnings call 2023-07-26 | transcript b0a4c3ef-f378-4703-aa34-7cfcd43055ea | chars 22940-23449 | segment 23

We're pleased to report that demand for travel remains strong, maintaining the trend that we saw in the back half of last year, which led to both our top and bottom line results, finishing the quarter above the high end of our guidance.

Apr 26, 2023 / CEO / receipt, needs a key / Chris Nassetta, CEO | earnings call 2023-04-26 | transcript 6eb97740-c416-4fff-9f78-93f93732f8ed | chars 2032-2268 | segment 2

Business transient also continued to improve, with REVPAR up 4% from 2019, reflecting the resiliency of business travel, particularly for small and medium-sized businesses, which remained roughly 85% of our segment mix.

Apr 26, 2023 / CEO / receipt, needs a key / Chris Nassetta, CEO | earnings call 2023-04-26 | transcript 6eb97740-c416-4fff-9f78-93f93732f8ed | chars 3824-4043 | segment 3

The big corporates still have to travel. You know, by the way, the big corporates are also not one size fits all. It's really where you see the impact is technology, banking, consulting. If you look at a lot of the other big corporate sectors, they're still growing, but those sectors weighted down. As those sectors stabilize, and start to think about the future and being competitive and getting their sales forces back out and get out of cost-cutting mode, which they will, they always do, I look at it as upside.

Apr 26, 2023 / CEO / receipt, needs a key / Chris Nassetta, CEO | earnings call 2023-04-26 | transcript 6eb97740-c416-4fff-9f78-93f93732f8ed | chars 53713-54229 | segment 55

In the Asia Pacific region, fourth quarter REVPAR was up 29% year over year and down 19% versus 2019. REVPAR in China was down 37% compared to 2019, taking a step back quarter over quarter as loosening travel restrictions led to a surge of new COVID cases. Demand is expected to gradually recover throughout the year, but remains volatile in the near term due to rising infections. The rest of the Asia Pacific region saw significant improvement, with REVPAR excluding China up 8% versus 2019. Performance was largely driven by strength in Japan following borders reopening.

Feb 9, 2023 / CEO / receipt, needs a key / Chris Nassetta, CEO | earnings call 2023-02-09 | transcript c0cc2afd-8f28-4996-a85c-a1f174e6159f | chars 12012-12586 | segment 12

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