Outlook For Travel Demand
Schwab Network
English - April 15, 2021 10:36 - 6 minutes - 36.8 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Uma Pattarkine shares her research and insights on the state of travel demand which is still at approximately 60% of 2019 levels. She is seeing more demand for resort style hotels for leisure travelers, and consumers still prefer destinations that are in driving distance. Despite the economic recovery this year and into 2022, the hotel industry still projects demand to be down 13% in the coming 18 months.