The Definition Of A Leisure Traveler
The lure of an expensive hotel experience and loyalty rewards are contributing components, as nicely. While hotels are the main type of lodging for many travelers, the pandemic has increased demand for private leases. More than a 12 months into the pandemic, there’s optimism for the travel business. Four in 10 Americans plan to take no less than one trip this summer, a proportion similar to pre-pandemic summer journey of 2019.
Our Travel & Leisure Portfolio
In the nineteenth century, steamships elevated passenger journey between Europe and the United States. The rise of railroads led to an elevated demand for resorts and inns and made it possible for the working class to afford practice fare to the countryside or massive cities. The invention of the airplane and the automobile further revolutionized journey by bringing larger numbers of travelers into the market. This press launch consists of “forward-wanting statements” as that time period is defined by the Securities and Exchange Commission (“SEC”). Forward-trying statements are any statements other than statements of historical reality, including statements concerning our expectations, beliefs, hopes, intentions or methods regarding the longer term. In some circumstances, ahead-wanting statements can be recognized by way of phrases similar to “will,” “expects,” “plans,” “continue,” and “future,” “projects” or other words of comparable meaning. Forward wanting statements are subject to dangers and uncertainties that would trigger our actual outcomes to vary materially from these discussed in, or implied by, the forward-looking statements.
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