“It’s much more palatable to say you’re going to minimize 30% of your travel, versus lay off extra people,” mentioned Sloan Dean, chief executive of Remington Hospitality, which operates almost ninety properties for brands that embody Marriott, Hilton and Hyatt. Though a few of Mr. Dean’s properties are seeing business travel by government and health-care staff, hotels in cities similar to Chicago, Washington, D.C., and elsewhere that depend on business friends are largely empty, he mentioned. “I assume there will certainly be corporations the place they never reinstate their journey.” The combined firm might be headquartered in Dallas and oversee…
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“It’s much more palatable to say you’re going to minimize 30% of your travel, versus lay off extra people,” mentioned Sloan Dean, chief executive of Remington Hospitality, which operates almost ninety properties for brands that embody Marriott, Hilton and Hyatt. Though a few of Mr. Dean’s properties are seeing business travel by government and health-care staff, hotels in cities similar to Chicago, Washington, D.C., and elsewhere that depend on business friends are largely empty, he mentioned. “I assume there will certainly be corporations the place they never reinstate their journey.” The combined firm might be headquartered in Dallas and oversee…