Arne Sorenson, CEO of Marriott International, said in a first quarter earnings call that “negative trends appear to have bottomed in most regions around the world.” The executive said that not just in terms of revenue per available room (RevPAR), but also in terms of hotel closings, “April seems to have defined the bottom.” As the company sees demand crawl back as restrictions are eased, said Sorenson, the trend line is toward more openings, not more closings. Worldwide, around 25% of Marriott’s hotels remain closed. In North America, 16% of hotels are shuttered, while in Europe, more than two-thirds of Marriott’s properties are closed. Sorenson highlighted several bright spots, including improving trends in China, where domestic travel is driving a rebound. In the US, Marriott’s properties on Hilton Head, South Carolina, achieved roughly 50% occupancy last weekend. Sorenson said he sees Europe recovering last because it is dependent on air and long-haul travel.