Those companies equipped to weather the storm will continue doing so for years to come.
China's overall scheduled air capacity fell 31.9% over the last week.
According to Aito up to 500,000 travel jobs are at risk due to a lack of sufficient government support and mistrust caused by the traffic light system.
The group may still face the risk of bankruptcy due to the failure of restructuring.
Selling and marketing expense has more than quadrupled for the company.
91% of travelers now say that technology will increase their confidence to travel, an increase from 84% in September 2020.
Previously, Trip.com already has a partnership with Tap&Go.
Gen Z is playing a vital role in recovery of the travel sector. Companies must continue to respond to the expectations of this cohort as desired.