Though third-quarter U.S. leisure demand remained strong for IHG Hotels & Resorts and essential business travel has been resilient, “what we are now seeing is increasing amounts of discretionary business travel demand,” IHG CFO and group head of strategy Paul Edgecliffe-Johnson said Friday during an earnings call.
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Help the travel industry regenerate, protect workplaces and create new ones! Tourism has generated 20% of world employment since 2013. According to the latest data published by the World Travel and Tourism Council (WTTC), the tourism sector, with a representation of 10.4%, is one of the sectors with the greatest contribution to world GDP (Source: Economipedia)