That Was a Heck of a Quarter

That Was a Heck of a Quarter

How the Ukraine war, inflation, and market volatility impacted us — and what’s next? Here’s a sentence I never thought I’d write: Greetings from Saudi Arabia! I am visiting this unexpected destination to look at tourism development opportunities in Riyadh, Al-’Ula, Jeddah, and elsewhere. Saudi is fascinating, stunning, hospitable, and, from my Western perspective, very surprising. There are obviously very serious human rights concerns to take into consideration. But the country’s efforts to slowly open itself up to tourism has me thinking quite a bit about the future of our industry. More on that in a future column. For now, I am dwelling on the present, which is also surprising and stunning… for very different reasons. I am referring, of course, to Putin’s invasion of Ukraine and the humanitarian and…
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