The U.S. Travel Association now expected that business travel would “only achieve 50 percent of 2019 levels in the fourth quarter of 2021.”
Global top five domestic passenger airport-pairs were all in Asia and outperformed top international routes as domestic recovery returned faster, particularly in China with three.
Consumers spent more than $1 billion in crypto on the Visa network alone in the first half of 2021.
“Sports+social” has become a trend among the young generations.
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.
China’s domestic aviation demand has exceeded the level of 2019, demonstrating the strength of the Chinese market.
Only 13% of APAC consumers are currently comfortable traveling, less than half the rate seen in the US.
Chinese hotel groups have mixed results in overseas expansion. It’s an industry-wide issue.
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