Over the last several weeks, many travel businesses released their Q3 earnings where CEOs made statements and shared trends, insights and more. This helps us understand how some of the largest corporate players are viewing the recession, the state of their sector’s recovery and the general economy.
An impending recession seems to be on most economists’ minds as the world recovers from a global pandemic. Yet for now, most industry CEOs are reporting positive growth and expectations of that to continue throughout the year and early into 2023.
Here’s a deeper dive into their perspectives.
Near-Term Outlook Remains Positive
- Reporting that global revenue per available room rose above 2019 levels for the first time since the…
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