The chief executive officers of two hotel titans said Monday they were unfazed by recent bearish first-quarter industry data.
"We signed over 1,000 new rooms last year, which I think is a record in the industry, and we're on a pace to beat that this year, so we continue to see new unit growth," Hilton Worldwide CEO Christopher Nassetta told CNBC's "Squawk Alley."
"The fundamentals are still pretty darn good in our industry. On a same-store basis, we're continuing to see decent growth. On a new-unit basis … we continue to set new records," he said.