USA TODAY assembled five of the industry's top executives last month at the Americas Lodging Investment Summit in Los Angeles in the L.A. Live JW Marriott hotel for a discussion of the industry's latest developments and challenges. Participating in our third annual roundtable were: Marriott International CEO Arne Sorenson; Kimpton Hotels & Restaurants CEO Michael A. Depatie; Choice Hotels International CEO Stephen Joyce; InterContinental Hotels Group President of the Americas Kirk Kinsell; and Best Western CEO David Kong. USA TODAY's Nancy Trejos moderated the discussion. The text has been edited for clarity and length. Q: The hotel industry is rebounding from the recession. Average daily rates are up, occupancy levels are up. This is good for you. How is this good for the guest? Marriott's Sorenson: What the guest really gets is the ability to travel, which they love to do. And the guest gets choice. Choice is very important - choice in terms of where they stay. The capability is there for hotel companies to continue to develop and grow in their product. And the guest continues to be demanding, which they should, and wants to have things like technology and advanced opportunities to use the tools that they have at home in the hotel room. We in the hotel business are able to deliver that. Get the full story at USA Today