Travel Gets Back To Business

Nov. 04, 2022 8:00 AM ET, , , , , , , , ,
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Summary

  • Over the past couple of years, leisure travel has driven both airline and hotel demand, while business travel remained suppressed.
  • Both Marriott and Hilton have reported a significant recovery in business travel, which includes both group travel and business transient travel.
  • Most of the comeback story behind the travel sector has been driven by consumers and their eagerness to travel and go on vacation.

Empty airport at sunset

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The S-Network Global Travel Index (TRAVEL) is largely consumer driven to the extent that performance is more aligned with consumer-based indexes rather than other travel indexes. We’ve discussed in previous notes how top constituents include luxury goods retailers (LVMH Moet Hennessy Louis

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