Being Prepared: Three Challenges Facing Hoteliers in 2022
The hotel business is rebounding from the COVID-19 pandemic, which resulted in a collective $111.8 billion loss in room revenue alone during 2020 and 2021 according to the American Hotel & Lodging Association (AHLA). While leisure travel continues to bounce back, business travel has been slower to return; in the same report, AHLA predicted only 58 percent of meetings and events will resume in 2022. The path to full recovery may be uneven and lengthy, […]
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