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