Insight
Title:
Altered travel patterns
Description:

The travel industry has been one of the hardest hit by COVID-19.

A panel of experts recently suggested:

  • It will be H2 2021 before the industry starts to return. It may be 2023 or 2024 before it recovers.
  • The success of remote working means business travel may never return to more than 50-75% of previous levels.
  • Flexible bookings, personalisation and improved digital will be key success factors in the recovery.

Source: The future of travel technology: A conversation with industry leaders - Odgers Interim published 21/12/2020

PESTEL:
Social

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