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Hilton CEO on why the US needs more fiscal stimulus

Yahoo Finance Video

Hilton CEO Chris Nassetta talks with Yahoo Finance reporter Jen Rogers on why the United States needs more fiscal stimulus from the government.

Video Transcript

CHRIS NASSETTA: I think it's pretty clear to me and most that we need additional stimulus to the economy, period, OK? Now, we need it in the travel and tourism space because we've been one of the hardest-hit segments of all segments. I mean, obviously mobility strikes at the heart of our business.

When you shut the whole world down and you have no mobility, you have no revenues in the travel and tourism business. And so we have been-- while we have some ability now and things have recovered a bit, as we've described, we have a long, long way to go. And we have been dramatically impacted as an industry.