Appetite for travel "quite robust" in 2012, hotel CEO says

04/29/2012 |

Strengthening travel demand and tight supply promise a great future for the global travel industry, says Frits van Paasschen, CEO of Starwood Hotels & Resorts Worldwide. "Last quarter we suggested 2012 has more potential to surprise on the upside, and we still believe this. Our corporate clients and leisure guests tell us the appetite for travel is quite robust," he said.

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