I own almost 100 hotels in North America. Some of them are only in management, but some of them we have some small stakes in them.
Al-Waleed bin TalalI definitely believe that the so-called American decline is greatly exaggerated.
Al-Waleed bin TalalSome countries, like Saudi Arabia, where the population growth is very high, whereby you don't have the mortgage low yet. Still the demand outstrips supply by much.
Al-Waleed bin Talal