Best Western CEO Expects Demand Pickup Starting in June

Best Western CEO Expects Demand Pickup Starting in June

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

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FREE Resource

The video discusses the lack of direct relief for the hotel industry, highlighting the benefits of PPP loans and stimulus bills. It examines the impact of stimulus checks on consumer spending and travel trends, noting a shift towards leisure travel. The discussion covers opportunities and challenges faced by the industry, emphasizing the importance of vaccine rollout for recovery. Despite significant losses, there is optimism with new investments in hotels. The video concludes with a call for further government support to boost the industry.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the challenges faced by the hotel industry in terms of travel restrictions?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the potential for future investments in the hotel industry?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What additional support does the speaker hope the government will provide to aid the recovery of the hotel industry?

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