Hoteliers Clash Over Durability of Changed Traveler Stay Patterns
Skift Take
It's clear that when Covid outbreak spikes diminish, travel will not revert to precisely how it was before. There will be winners and losers when cities and borders reopen.
Tyler Morse of MCR Hotels and Steve Hafner, the Kayak CEO with three hotels now in the fold, stared into two different crystal balls concerning the future of lodging. Morse argued that the business versus leisure travel mix will return to pre-pandemic levels while Hafner said the changes will be more durable.
Morse, whose MCR Hotels is now the third largest operator in the U.S., said the divide currently is 90 percent leisure and 10 percent corporate travel in the hotel industry, but he expects that to flip back to traditional levels, namely 70 percent corporate and 30 percent leisure travel.
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