3min chapter

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#1201 Build Wealth with Real Estate: Strategies for 2023 | Build or Die Real Estate Conference

The Pomp Podcast

CHAPTER

The Return of Group and Business Travel in the United States

I think there was a huge shift post COVID where people are prioritizing travel and they're choosing to spend any savings that they have on travel and on experiences. So right now the savings limit in the United States or the savings amount is higher than it was pre-COVI. Another thing that we're seeing is group and business travel is definitely coming back during COVi. Even some of the markets that were last to recover like DC, Philadelphia, some of these Northeast cities are now getting the benefit and are actually recovering. Whereas investing in Florida certainly, I think it's a better market, but the year over year growth isn't going to be as strong.

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