BSP Group General Manager - Corporate Banking, Peter Beswick in giving his insight in the 2022 BSP Quarter 4 Pacific Economic and Market Insights Report said: “Increased business and leisure travel has seen hotel occupancies reach pre-COVID levels, with many hotel and accommodation facilities near full occupancy.”
He said for its Corporate Banking Customers BSP is projecting that demand velocity will continue throughout 2023.
“Inflation on the other hand remains the primary concern for BPNG, businesses and consumers,” according to Mr Beswick.
