Q2 Earnings Indicate a Business Travel Surge and Strong Leisure Trend
Smart Meetings
AUGUST 18, 2022
Hilton and Marriott’s statistics are looking up after revenue per available room (RevPAR) met or exceeded 2019 levels. Though groups are slightly behind business and leisure, group travel at Hilton has returned to 85% of 2019 levels. RevPAR in Q2 was only down 1% from 2019 levels, compared to it being down 20% from 2019 in Q1.
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