Consumer demand is still strong for travel, experiences

Consumers are spending on travel and other experiences, according to comments made by executives in hotel, real estate and related industries. Host Hotels & Resorts is continuing to see substantial demand for leisure travel during Thanksgiving and Christmas, says CEO James Risoleo. “That stat in and of itself gives us comfort that there’s not going to be the pullback in consumer spending at our resort properties that some folks have talked about,” Risoleo says.