The CEO of Wyndham says that hotels are being booked at record numbers during the weekend, and even during the week as business and leisure travel pick up.
told CNBC on Thursday that strong travel demand in the U.S. has helped the company shake off its pandemic-related slowdown.
Wyndham's hotel brands include Days Inn, La Quinta and Baymont. Business for the hotel franchisor is not only picking up at its U.S. hotels, but internationally too as the number of outgoing flights slowly bounce back. "We're seeing international airlift continue to increase to destinations like Mexico, where we have a new Wyndham Alltra Cancun and a new Wynhdam Alltra Playa Del Carmen," Ballotti said.
Business travel is coming back at a slower pace than leisure travel, according to the CEO. "Big cities like San Francisco are now just beginning to pick up, it's those group meeting urban destinations that have been lagging."
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