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Dr. Peter Linneman, Leading Economist, Professor Emeritus, The Wharton School of Business

The Walker Webcast

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The Chinese Citizen Has Not Gotten Back to Travel

Hospitality is on track to be there as you had projected by the end of 2023. We're about 3% below on an occupancy level. Our rev par is up to $93.60, which has not quite caught up to where it was pre pandemic. The one other point that you've made a number of times is that the Chinese citizen has not gotten back to travel. And I keep sitting there going, someone's going to make a ton of money investing in hospitality and markets that the Chinese population has.

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