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The great displacement theory
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1 Articles
The great displacement theory
The theme of this results season is a combination of ‘the war doesn’t affect us, we only have half a hotel there’, paired with ‘there’s still a lot of travel, it’s just been displaced to other regions. Where we have a tonne of hotels’. At Marriott, the group moved on from Accor’s hopes that this would all be over by the summer to comment that it expected air capacity and travel sentiment to continue to be impacted, particularly in the Middle Eas…
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