Hotel Execs at Hunter Hotel Investment Conference Convinced Industry Will Overcome Headwinds
Appetite Grows for Deals in Select-Service and Extended-Stay Segments
Executives speaking during the first day of the Hunter Hotel Investment Conference offered reassurance amid worries over global conflict, inflation and an ongoing pandemic.
ATLANTA - Executives speaking during the first day of the Hunter Hotel Investment Conference offered reassurance amid worries over global conflict, inflation and an ongoing pandemic.
Whether concerns that higher gas prices could deter leisure travelers from taking a road trip this summer or that another wave of COVID-19 could wreak havoc on certain hotel segments, the overall theme was that the worst is behind us.
Adam Sacks, president of Tourism Economics, told attendees that regardless of fuel prices increasing, people will still consume the same amount of gas as they typically would it and will not change travel patterns.
Overall, domestic leisure travel will continue to the win the day, he said.