Posted on May 8, 2023
Travel won’t fully recover this year — but it will get close
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“Our Economic Impact Research forecasts that North America and Latin America will recover to pre-pandemic levels by the end of 2023,” she (Julia Simpson, president of World Travel and Tourism Council) said. “We forecast that Europe, the Middle East, Africa, and Asia-Pacific will recover in 2024 and finally, the Caribbean is expected to recover by 2025.”
Travel won’t fully recover this year — but it will get close
Posted from cnbc.comPosted in these groups: 
Leisure and Travel
Travel
Leisure and Travel Travel
Posted 1 y ago
Responses: 2
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LTC Eugene Chu
..."According to the report:
Travelers still prefer cutting travel costs to canceling their plans.
Bleisure travel is on the rise — particularly for trips that are primarily related to work.
Domestic travel demand is cooling in the United States this year, but Americans are planning to travel internationally more often.
Big city travel is rebounding, as concerns about Covid-19 are not "materially influencing travel behaviors" in the U.S.
Yet lingering Covid hesitations aren't gone for everyone, particularly in parts of Asia.
Some 30% of respondents from the Philippines say they're highly concerned about Covid safety —the highest in Southeast Asia, according to a report published Thursday by the market research company Milieu Insight."
..."According to the report:
Travelers still prefer cutting travel costs to canceling their plans.
Bleisure travel is on the rise — particularly for trips that are primarily related to work.
Domestic travel demand is cooling in the United States this year, but Americans are planning to travel internationally more often.
Big city travel is rebounding, as concerns about Covid-19 are not "materially influencing travel behaviors" in the U.S.
Yet lingering Covid hesitations aren't gone for everyone, particularly in parts of Asia.
Some 30% of respondents from the Philippines say they're highly concerned about Covid safety —the highest in Southeast Asia, according to a report published Thursday by the market research company Milieu Insight."
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Withthe gas prices the way they are It will definitely hinder travel. Plus they always go up again by Memorial Day
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Lt Col Scott Shuttleworth
LTC Eugene Chu - Yep but most folks travel in the summer in the US that is when our "holiday" as foreigners call it happens. SOOOO the gas prices usually go up around Memorial Day and come down around Labor day...doesn't matter who is in office or what party is in contro.
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