Hospitality turns to domestic MICE as foreign travel slows

THE HOSPITALITY sector is increasingly relying on domestic meetings, incentives, conventions, and exhibitions (MICE) demand as geopolitical tensions and the global energy crisis continue to weigh on international travel, according to an analyst. Quirino Teo, executive director for investment services at Savills Philippines, said international MICE demand, particularly large-scale global conferences, incentive travel groups from […]