Terrorism biggest threat to recovery
The biggest threats to a full recovery of the worldwide hospitality market?
Terrorism attacks, said 51%. The economy, said another 35%.
There were no surprises when executives attending New York University’s 26th Annual International Hospitality Industry Investment Conference were recently surveyed.
On a more positive note, a majority of 62% said overall recovery of occupancy and ADR to 2000 levels is only one to two years away.
“Our survey found this group cautiously optimistic, but still worried about the specter of terrorism and a lagging US economy on the industry’s recovery,” said Lalia Rach, associate dean of the NYU Tisch Center.
Report by David Wilkening
David
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025