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"Their global exposure will insulate them to some degree to the economic softness domestically," he said.
"This is a business where, for the public companies to deliver the earnings they promised, if they see economic softness they manage their costs," he added.
"We don't think the decline in February indicates any economic softness," said Astrid Adolfson, an economist at MCM MoneyWatch in New York.
"Notwithstanding these outstanding results, we started to see some economic softness in greater China in recent months, most notably in Hong Kong," Cook said.
"You have the lingering economic softness, which hasn't really affected Broadway that much, but you have to wonder whether our number is coming up," he said.
California, too, remains strong, he said, while economic softness is concentrated in the Midwest and the Southeast, areas where cars, steel, chemicals, appliances and the like are produced.
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Unconvincing economic data leaning toward softness — which has led several investment banks as well as the New York Fed president, Bill Dudley, to downgrade their growth expectations in recent days — may well provide the tinder for more market gyrations.
Most analysts say the softness, barring any economic tailspin, will be short, with a rebound in occupancy and room rates beginning this year's second half or early next year.
Despite softness in the economic environment, the two analysts covering the company expect EPS to rise an average 11% next year.
Soft touchable hair that moves adds softness to your face.
Google has seen some softness in ad sales in Western Europe because of its economic struggles, Mr. Arora said.
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