As the summer travel season approaches, JLL Hotels & Hospitality Americas CEO Kevin Davis joins Yahoo Finance to discuss top travel trends.
Davis explains that the demand for luxury hotels remains strong post-pandemic, and many travelers are looking to head to cities like New York and Los Angeles.
When it comes to choosing between a hotel or an Airbnb (ABNB), Davis says, “both can coexist healthily.” Short-term rentals and hotels are expected to have strong summers as occupancy recovers.
For more expert insight and the latest market action, click here to watch this full episode.
This post was written by Melanie Riehl