Arne Sorenson | President and Chief Executive Officer |
Leeny Oberg | Executive Vice President and Chief Financial Officer |
Shaun Kelley | Bank of America |
Wes Golladay | RBC Capital Markets |
Robin Farley | UBS |
Jared Shojaian | Wolfe Research |
Joe Greff | JPMorgan |
Anthony Powell | Barclays |
Smedes Rose | Citi |
Thomas Allen | Morgan Stanley |
Patrick Scholes | Suntrust |
Steven Grambling | Goldman Sachs |
Vince Ciepiel | Cleveland Research |
Bill Crow | Raymond James |
Brian Dobson | Nomura |
Michael Bellisario | Baird |
Kevin Kopelman | Cowen and Company |
Chad Beynon | Macquaire |
Good morning. My name is Samantha and I will be your conference operator today. At this time, I would like to welcome everyone to the Marriott International’s Second Quarter 2019 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session.