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Business travel likely to resume in the fall, Hyatt Hotels CEO says

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With more workers now returning to offices, it won’t be long until business travel also resumes, according to Hyatt Hotels CEO Mark Hoplamazian.

“We are already seeing the signs of people starting to travel for work in a more affirmative way, a more significant way,” Hoplamazian said in an interview during CNBC’s Evolve Global Summit on Wednesday.

“Most of the bankers, consultants and lawyers that I’m talking to are gearing up to be back on the road, so I think that will really take hold in a more affirmative way in the fall,” he said.

Hyatt Hotels has seen a boon in bookings as travelers are now more willing to go on a vacation as the pandemic has waned. Its entire chain will see about 90%…



Source cnbc.com

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