InterContinental Hotels CEO Expects Domestic Businesses to Recover First

The video discusses the challenges faced by the hotel industry due to the pandemic, including significant drops in revenue and occupancy rates. It highlights the industry's resilience and the expectation that domestic travel will recover before international travel. The speaker emphasizes the importance of supporting franchisees and maintaining financial security during this period. The long-term outlook remains positive, with a focus on adapting to the new normal and ensuring the safety of guests and employees.

What challenges did the hotel industry face during the first and second quarters?

What factors are influencing the revenue growth in the hotel industry?

How did the hotel occupancy rates change during the months mentioned?

How has the demand for travel changed in different regions, such as Greater China?

What is the expected timeline for the recovery of the hotel industry according to the speaker?

What role does technology play in the future of travel and meetings according to the speaker?

What measures are being taken to support franchisees during this challenging time?