Hilton’s Optimism, Navan’s AI Clients and Airbnb’s ChatGPT Caution
Description
Hilton CEO Chris Nassetta predicts a new growth phase for the U.S. hotel sector, citing easing inflation, stable tax policy, and upcoming events like the World Cup, though corporate travel remains below pre-pandemic levels. Navan, a corporate travel and expense company, counts major AI firms OpenAI, Perplexity, and Anthropic among its clients as it prepares for a $960 million IPO and a $6.45 billion valuation. Meanwhile, Airbnb CEO Brian Chesky believes AI tools like ChatGPT won’t replace online travel agencies but sees potential for future integration once the technology matures.
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