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True but also hasn’t government travel been radically cutback?
My lens only extends to a few economists. I assume most have seen agency travel mostly eliminated, though. That probably has been brutal for these companies.
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There was a net reduction of almost a quarter million federal workers and many agencies have imposed travel restrictions internally.
DHS and ICE are a small part of the federal workforce.
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Well not just that but if the US government ends its discounted deals program with Hilton for others it would be a huge hit since the Federal Government is huge and tons of people use that discount when they have to travel for work!
Just lighting money on fire that they wont be able to make up for without doing general public sales and hoping it backfills.