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February 2, 2016

Choice Hotels CEO sees monster summer

  • Steve Joyce talks about what guests want, his visit to Cuba and how he's competing with Airbnb.
  • By SCOTT MAYEROWITZ
    AP Business Writer

    LOS ANGELES — Cheap gas prices are good for summer vacationers, especially those taking road trips. That's one of the reasons that Steve Joyce, CEO of Choice Hotels, is optimistic about this year.

    Yes, he says, there is fear over the presidential election, China's economy slowing, the stock market and falling oil prices. But most Americans still have jobs, the housing market is strong and they want to travel.


     
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