Arne Sorenson, the incoming chief executive of Marriott International, told CNBC he feels "worlds better than we did a quarter ago" about the U.S. economy.
"When I say we feel worlds better it’s really reflecting the deep anxiety we had late in the summer and early in the fall," Sorenson said Thursday, a day after the company reported adjusted fourth-quarter earnings of 46 cents a share, a penny short of analysts' expectations reported by Thomson Financial.
The third-quarter anxiety "really hadn’t shown up in our business so much but we were all watching freefall in the markets and had a huge amount of uncertainty in the way it might impact the U.S.," he added.