The Silicon Valley Bank collapse caused a short-lived drop in business travel, according to United Airlines CEO Scott Kirby, but today the airline is still seeing strong demand.
The blip lasted about two weeks, "but now appears to have recovered," he said during the company's recent earnings call.
Meanwhile, the US hotel development pipeline is ready for this visitor segment, which has lagged the return of leisure travelers since the pandemic, according to a new report from STR, with luxury hotels being well represented.
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