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American Express Company (AXP) Presents at Citi Virtual Global Property CEO Conference (Transcript)

Mar. 09, 2021 3:03 PM ETAmerican Express Company (AXP)
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American Express Company (NYSE:AXP) Citi Virtual Global Property CEO Conference March 9, 2021 12:15 PM ET

Company Participants

Steve Squeri - CEO, American Express

Chris Nassetta - CEO, Hilton

Conference Call Participants

Michael Bilerman - Citi

Michael Bilerman

Good day. I want to welcome everyone to day two of Citi’s 26th Annual Global Property CEO Conference. I'm Michael Bilerman, Global Head of the Real Estate and Lodging Team here at Citi.

We hope that everyone had a great night last night at the interactive magic show. I know my kids and my boys were blown away from it. And the good news is we now know what we're going to do for my son’s bar mitzvah in May. In other good news, I have no idea if anyone laughed at that joke. And I'm totally fine with it.

Now, if you have a minute or two after this session, please fill out the conference poll survey on the homepage. After exploring the future of spaces and places with Gensler and Boston Properties yesterday, I couldn't be more excited to discuss the future of traveling and spending with two leaders in corporate America, the CEOs of Hilton and American Express. I think, I can speak for many of you out there, I really miss traveling and checking into my Hilton hotel and getting that upgrade that Chris always gets for me. Now, I wish I could say the same thing about missing my growing American Express bill.

Now, we're really at an interesting time with the pandemic that teams are being administered globally, and there's more optimism in many locations around the world. However, there remains significant differences in restrictions, the vaccine administration and even the COVID impacts, making cross-border travel still pretty challenging. The pandemic has also raised questions about where people want to live and where

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