The NYU International Investment Conference is finally living up to its name as an international meeting. This year, more so than any of the 33 previous editions of the conference, the dominant discussion among most speakers is the vast global growth opportunities available for U.S. hotel companies.

At yesterday morning’s CEOs Check In panel at the Marriott Marquis in New York City, all five brand company chief executives stressed their plans for international growth, especially in emerging markets and China in particular. For each brand represented on the panel—Carlson, Hilton, IHG, Four Seasons and Starwood—most development is focused outside of North America...

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