Accor sees no slowdown in demand
Looking ahead to the booking pattern coming into summer in the southern hemisphere, Accor experiences still very strong demand is
Rising inflation, soaring interest rates and economic uncertainty are causes for concern for consumers across the globe. But despite feeling the pinch, the desire to travel still remains strong, according to Accor’s global commercial chief.
Key takeaways
- Amid higher airfares and increased cost pressures, people are traveling smarter and being savvy about maximizing their time away.
- The frequency is not as it was in 2019, however, [trips] tend to be extended because the cost of traveling is so high, people need to make the most of it.”
- And despite the varying challenges in different markets, a similar pattern emerges across the board.
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