Articles tagged “mckinsey and company”

Leisure travelers proved there was pent-up vacation demand once travel restrictions lifted. Hotel owners need the corporate travel and events sector to follow suit in 2021.

Billions of dollars in revenue are at stake next year, even once a dire 2020 is out of the way.

Hoteliers shouldn't get used to good news. U.S. full-service hotels may have seen a very slight average profit per room in July, but the peak summer travel season is fading — and the pandemic still isn't under control.

Living with haphazard spikes in travel bookings is the new abnormal. Few brands are ready. But those that are prepped will take market share.