Despite inflation, prepare for ‘strong’ holiday travel season ‘no matter what it costs’: Omni’s Peter Strebel

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Omni Hotels & Resorts Chairman Peter Strebel argues decades-high inflation won't impact bookings or slow the holiday season travel demand due to 'the need to get together.'

Omni Hotels & Resorts Chairman Peter Strebel says there’s a ‘thirst’ for getting people back together during the holidays.

After experiencing a "very, very busy" summer travel season that hoisted the company to "almost-recovered" status in the post-COVID era,’ chairman is predicting the steady travel pace to continue into this year’s holiday season. "People have spent the last two Christmases away from their family, away from their friends. I believe no matter what it costs, people are going to have the need to get together," Omni’s Peter Strebel told FOX Business’ Maria Bartiromo Tuesday on "With the cost of airline tickets up more than 33% year-over-year, per the U.S.

 

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