BERLIN — The chief executives of two global hotel industry titans agree that while the COVID-19 pandemic has shifted travel and hospitality — in some ways, possibly forever — the business remains cyclical and this crisis, too, will pass.

In two keynote sessions at last week’s International Hotel Investment Forum, Hilton President and CEO Chris Nassetta and Marriott International CEO Tony Capuano discussed the challenges, concerns and futures of their companies and the hotel industry in general.

During the "Talk of the Titans: Shared Visions For Future Success" panel, Nassetta said one of the biggest challenges of the pandemic was that many hoteliers had two concerns running concurrently — the personal and the business.

“It was complicated, challenging. Usually the two are detached, but [the pandemic] is a unique experience. We have a way to go, but this is my fourth conference in the last four weeks,” he said, noting that hotel conferences are a signal that business is getting back to usual.

Nassetta said he feels much pride and optimism in where his company is now and where it's headed.

Read the full article at HotelNewsNow (part of CoStar)