In typical fashion, U.S. hotel demand and occupancy lulled in the week after the Fourth of July holiday, but demand patterns indicate the resurgence of travel and hospitality will continue through the end of summer and into fall.
Next week — the week ending July 23 — will be telling.
Historically, week 30 — July 18-23 this year — produces the highest weekly demand of the year. If demand doesn’t rise, that will be concerning.
In Delta Airlines’ quarterly earnings call, CEO Ed Bastian…