Grand Hyatt at SFO
Supply: SFO Airport
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Enterprise journey might by no means return to its pre-pandemic ranges, hurting accommodations over the long run, Morgan Stanley mentioned Friday in a word to shoppers.
The agency’s evaluation is predicated on an October survey of round 200 company journey managers who oversee $8 billion in journey spend. The managers mentioned they imagine journey spend in 2021 shall be 53% under 2019’s ranges, and that starting in 2022, 22% of conferences shall be carried out nearly.