Hospitality leaders touted a strong rebound in business travel during the fourth quarter, fueled by companies getting more of their executives back on the road.But the optimism may have been premature. Rising costs, inflation and looming tariff threats are clouding the outlook for 2025, with business fundamentals looking far less stable than they did just months ago.
Early in earnings season, hotel REITs and top brands painted a picture of resilience, celebrating business travel as a bright spot even as leisure demand showed signs of softening. Yet by late February, caution had crept into investor calls, with fresh data and shifting economic signals suggesting the industry could be heading for a more turbulent year ahead...
RSK: With more and more zoom meetings taking place, I can see where the business travel has dropped off some....but nothing better than consummating a deal in person. Resort travel is however, on the rise.
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- - Volume: 25 - WEEK: 11 Date: 3/11/2025 9:22:55 AM -