Marriott CEO: We are seeing a K-shaped economy

The economy resembles a dual-track highway as seen through the prism of hotel giant Marriott (MAR). "I mean, there is certainly — pick your description — a K-shaped economic bifurcation of the consumer. We continue to see really consistent strength across luxury for the full year," Marriott CEO Anthony Capuano said on Yahoo Finance (video above). He added that it seems like Marriott's business is "firing on all cylinders," pointing to a lot of new hotels being built alongside strength with higher-income ...