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