| As the coronavirus epidemic intensifies, corporate giants including Cargill, Facebook, Google, Indeed, Intel, L’Oreal, Nestlé and Twitter are dialing back employee travel. Globally, cancellations of major tech conferences have reportedly triggered an economic loss of more than $500 million. “Companies are taking a conservative approach to travel, especially non-essential trips, and we’d expect this trend to continue in the near term,” says Michael Bellisario, a senior research analyst at investment bank R.W. Baird & Co. who covers lodging REITs. FULL ARTICLE | 
