Economic ‘Uncertainty’ Is Prevailing Theme of Lodging Conference Keynote

While projecting a ‘soft landing’ for the U.S. economy going forward, economist Bernard Baumohl acknowledged that much of the uncertainty surrounding the macroeconomy makes it very difficult to accurately forecast what lies ahead for the lodging industry in the near term. Speaking during the general session at The Lodging Conference, Baumohl—chief global economist at The Economic Outlook Group—began his remarks by saying the U.S. economy has been “remarkably resilient” over the last few years. Nevertheless, […]

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