Why Marriott, Hilton and Hyatt say hotel prices are only going up - CNBC

6/11/2022 12:00:00 AM2 years 10 months ago
by Ian Thomas
by Ian Thomas
Hotel room prices have surged alongside a growing demand for travel, and hotel chains see no decline in the future as travelers seem willing to pay high prices.
Despite high inflation, a softening economy, and fears of a recession, the hotel industry is not seeing any slowdown. It's the exact opposite, with Hilton CEO Chris Nassetta predicting that the hote… [+4673 chars]
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