Business · Companies · 13 hrs ago

Hotel groups gain $50bn as travel bookings grow

Hotel groups gain $50bn as travel bookings grow

Hotel groups gained $50bn as travel bookings grew.

The industry was surprised by the increase in bookings.

Tourists kept travelling despite higher costs, according to the account.

They also appeared to shrug off geopolitical turmoil.

The growth suggests demand for travel has remained resilient despite those pressures.

No next steps or further developments are stated.

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unbelievably resilient
via FT