Business Travel Concerns Weigh On Hotel Executives' Minds

International Travel Necessary To Boost Gateway City Performance

As the U.S. hotel industry continues on its path to a recovery, critical questions remain for hoteliers.

As the U.S. hotel industry continues on its path to a recovery, critical questions remain for hoteliers.

During the “Boardroom Outlook: Human Capital” session at the Americas Lodging Investment Summit, hotel executives spoke about how they are addressing concerns over demand, international travel and labor.

Business, Leisure Demand

As more people return to their offices this fall, business travel will begin to rebound, said Heather McCrory, CEO of North and Central America at Accor. It will be a slow process, but everyone is “Zoomed out” and they want to get out and interact with people, she said.

“I really do see it coming back this fall, and it will take a couple of years to get back to normal,” she said.

Read the full article
Operations & Strategy Operations & Strategy

CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and...