ew research from Morning Consult throws a wet blanket on a strong rebound for business travel. In its latest, the data analysis company reveals that four in 10 American business travelers say they will never go on another work trip.
Six in 10 business travelers said they will use their cars for work trips in the next year, compared to 46% who said they will fly. Some big hospitality giants have been reading the writing on the wall. Four months ago, Hyatt Hotels announced that it was buying luxury resorts operator Apple Leisure Group for $2.7 billion in cash. The acquisition comprised33,000 hotel rooms in 10 countries, making Hyatt thebased on room count and the largest operator of luxury hotels in Mexico and the Caribbean.
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