Hotel CEOs Are Now Less Optimistic About Business Travel Outlook This Year
Skift Take
So, how about that travel ban?
When Skift last spoke to hotel executives about their views on corporate travel business in 2017 in late January, pre-Trump travel ban, a large majority seemed fairly optimistic that this could be the year that corporate travel bounces back.
A month later, however, it seems that some executives may be changing their more optimistic outlooks from the beginning of the year to ones that are a bit more cautious and muted, especially since a newly revised travel ban is expected to be issued next week.
Here's what hotel CEOs said during their recent earnings calls about corporate travel business.
Hilton: "We Feel Pretty Good About It"
Early in the year, Hilton CEO Christopher Nassetta seemed especially bullish about the prospect of a more "optimistic" corporate "psyche" that would, hopefully, translate to and uptick in corporate transient travel business at his hotels.
And even with the travel ban, his viewpoint, for the most part, has not seemed to change, particularly becaus