COVID-19 presents a challenge of historic proportions for the travel industry. The measures put in place to stop the spread of the pandemic — border closures, stay-at-home orders, and quarantines — have brought travel to a standstill, and no one can say when these policies will be eased or if additional measures will be implemented.
But despite the current uncertainty, the pandemic will eventually pass and the travel industry will begin its recovery. That recovery is unlikely to be even, however, as some hotel types and markets are more likely to bounce back than others.
This panel of travel industry experts will discuss the current market dynamics and different recovery scenarios.
What You’ll Learn
Which types of businesses are most likely to return to normal the fastest once the crisis has passed
Which hotel types and markets will be impacted the most
Why some markets are more likely to recover quickly than others
How to determine the trajectory and magnitude of the post-COVID-19 recovery
How the CARES Act can mitigate the tremendous financial downturn faced by the travel industry
R. M. Woodworth & Associates
Economics and Forecasting for CBRE Econometric Advisors and CBRE Hotels Research