Hilton: Business Travel Room Nights Could Reach 70 Percent of 2019 Levels by Q4 2021
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Hilton: Business Travel Room Nights Could Reach 70 Percent of 2019 Levels by Q4 2021

Hilton Worldwide president and CEO Christopher Nassetta is
optimistic about the future of travel and for Hilton. He’s basing this optimism
on having chaired and attended the World Travel and Tourism Council’s global
summit in Mexico, where more than 800 participants attended in person, as well
as on data that supports the view that the slope of the recovery has steepened
since the company released its fourth-quarter 2020 results. 

“It was great to be in the same room with other
hospitality and government leaders talking about the bright future that lies
ahead for our industry,” Nassetta said during a Wednesday first-quarter
earnings call. “The event made me even more optimistic for our recovery
and confident that we are beginning to see a new era of travel emerge.”

There’s no arguing that leisure travel will continue to lead
the recovery, and based on current trends and forecasting, Nassetta thinks
leisure room nights could be at 2019 levels by the fourth quarter—in the…

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