Detailed text transcripts for TV channel - CNN - 20100328:19:42:00
>> let's talk about globalization. this is an issue for your industry because in the recession, what has happened is so many people have chosen not to travel, particularly that 75% of your clientele that is a business traveler. they have had to cut costs. and yet you are increasingly a global company. >> notwithstanding the great recession and the financial crisis that we have lived through, the growth and prosperity around the world in places like china and india is inexorable. today as we speak, 40% of the world's population is living in countries where gdp is growing at 8% a year and what t...