NEW YORK, Sept 18 (Reuters) - Marriott International's ( MAR )
Chief Executive Officer Anthony Capuano said on
Wednesday that the company is watching to see if
budget-conscious consumers will continue to pull back their
travel spending in the third quarter.
High-income consumers continue to prioritize travel, but the
company in the second-quarter saw a small pullback by budget
travelers on ancillary spending such as food, beverage and spa
services.
"We'll watch that over the next couple quarters to see if it
was a blip or if they're being a little more judicious in their
spending," Capuano said at a travel conference in New York.
Ancillary spending rose year-over-year in the second
quarter but not quite as much the company had anticipated,
Capuano added.