News to Know

Strong Travel Demand Should Help Hotels Weather 'Mild' Recession
(SOURCE: COSTAR)

Most economists agree the U.S. will experience a recession to some degree in 2023, but hotel industry analysts say sustainable job growth, strong hotel rates and demand, and the yet-unrealized wave of international travelers will help the industry keep its head above water.

Industry Spotlight

Save the Date:
GBTA Board of Directors Town Hall

April 24 | 11 am - 12 pm ET

Join us for the next GBTA Board of Directors Town Hall on April 24 from 11:00 AM - 12:00 PM ET. This is an opportunity to learn about the association's initiatives directly from the Board and ask questions about the organization and its journey ahead.

GBTA U.S. Legislative Summit
Early Bird Registration Ends in 2 Days

The early bird registration for the U.S. Legislative Summit
ends on Thursday, March 30.

This is an important occasion to learn how to be the voice of the business travel industry. Meet one-on-one with Senators and Representatives, broaden your understanding of government actions, hear the perspective of administration officials and Members of Congress, and networking with industry colleagues from around the country. Save up to 70% when you bundle your registration for the Sustainability Summit and U.S. Legislative Summit.

Resources

Crisis24 Intelligence Brief

Austria - Environmental activists protesting in central Vienna and at fossil fuel sites, Austria, March 27-29; increased security, disruptions likely.

China - China to mark Qingming Festival April 5. Transport, business disruptions likely during the holiday period. Confirm reservations.

Greece - Severe weather forecast across parts of Greece through at least early March 29. Disruptions to transport, business, and utilities possible.

Philippines - Philippines boosting security nationwide for Holy Week festivities April 2-8. Transport disruptions likely.

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