Business Transient, group demand remain weak

TR Number
Date
2020-11-12
Journal Title
Journal ISSN
Volume Title
Publisher
Hotel News Now
Abstract

CEOs from Hilton, Marriott, Wyndham, Extended Stay America, RJL Lodging Trust, Host Hotels & Resorts, Pebblebrook Hotel Trust, RLH Corporation, and Corepoint Lodging weighed in on their Q3 earnings trends. A common theme was slight uptick in business travel as the country and globe continue to navigate their way through the COVID-19 pandemic. The current business traveler population is driven by the defense, technology, insurance, and healthcare industries. In addition, smaller corporations have been traveling opposed to larger companies.

Description
Keywords
COVID-19, Pandemic Response, Travel Industry, Hotel Industry, Business Travel
Citation