Although both have been hammered by the coronavirus crisis, leisure travel is likely to rebound before the convention and meeting business, according to analysts from JLL.
Gilda Perez-Alvarado, CEO of JLL's Hotels & Hospitality Americas, told JLL real estate researcher James Cook in a recent podcast interview that "cooped up" individuals and families were already preparing to hit the road before rates of infection began rising again around the country.
Corporate travel, however, is a different story.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.