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Bloomberg Surveillance
Bloomberg Surveillance: Anthony Capuano on Travel Industry
Feb 21, 2024
Exploring the rebound of travel demand post-pandemic, insights on travel industry recovery in Asia, analysis of mid-scale travel segments and global middle-class growth, post-pandemic consumer spending trends prioritizing travel, shift to sustainable hotel services and luxury expectations post-pandemic
09:56
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Quick takeaways
- Global travel demand is strong with growth in international travel surpassing domestic, indicating industry recovery post-pandemic.
- Marriott International diversifies into mid-scale accommodations to capture a wider segment of travelers, aligning with consumer preferences and brand loyalty efforts.
Deep dives
Global Travel Trends and Recovery
The podcast discusses the global travel sector's optimism with a focus on insights from Tony Capowano, the president and CEO of Amerit. Despite variations in economic performance across regions such as the US, Europe, and Asia, Capowano highlights a global trend of strong demand for travel. Notably, growth in international travel, especially in Greater China and APEC markets like Thailand and Singapore, outpaces domestic travel, indicating a positive trajectory for the industry's recovery post-pandemic.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode