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Operator: Good day, and thank you for standing by. Welcome to the Wag! 2Q '23 Earnings Conference Call. At this time, all participants are in a listen-only mode.
An email from the White House to Cabinet members urged them to get employees back into federal buldings in order to improve service and "customer experience."
An email from the White House to Cabinet members urged them to get employees back into federal buldings in order to improve service and "customer experience."
Bosses are imposing more strict in-office mandates as new data from the US Bureau of Labor Statistics showed productivity has slumped slightly since the end of the COVID-19 pandemic.
Since the COVID-19 pandemic, Philadelphia's ADR has fully recovered, but occupancy and RevPAR remain below 2019 levels. The primary factor limiting the recovery is the stagnant commercial and group demand segments. However, leisure demand has increased, and the city is preparing to host several large events in the coming years, supporting a positive outlook.