Arne Sorenson | President & Chief Executive Officer |
Leeny Oberg | Executive Vice President & Chief Financial Officer |
Laura Paugh | Senior Vice President of Investor Relations |
Betsy Dahm | Senior Director, Investor Relations. |
Harry Curtis | Instinet |
David Katz | Jefferies |
Robin Farley | UBS |
Smedes Rose | Citi |
Joseph Greff | JPMorgan |
Anthony Powell | Barclays |
Thomas Allen | Morgan Stanley |
Steven Grambling | Goldman Sachs |
Patrick Scholes | Suntrust |
Shaun Kelley | Bank of America |
Jared Shojaian | Wolfe Research |
Bill Crow | Raymond James |
Wes Golladay | RBC Capital Markets |
Kevin Kopelman | Cowen and Company |
Ari Klein | BMO Capital Markets |
Ladies and gentlemen, thank you for standing by and welcome to Marriott International's Third Quarter 2019 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode and the floor will be open for your question, following the presentation. [Operator Instructions] Thank you.
I will now turn the call over to Arne Sorenson, President and Chief Executive Officer. Please go ahead sir.