EconomyForex

What’s in store for the travel accommodation industry in 2023?

1 Mins read

Despite economic challenges, the rebound in hotel markets is expected to continue as countries open their borders, according to an industry expert.

“People are talking about revenge travel. I don’t necessarily believe that one. I think there has always been a desire to travel, and now that the gates have opened up, I see people returning to travel and enjoying themselves, especially in the luxury segment,” Mark Willis, chief executive officer of Fairmont Hotels & Resorts, tells BusinessWorld.

Text and interview: Arjay L. Balinbin

Videography/Video editing: Joseph Emmanuel L. Garciaand Earl R. Lagundino

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