- While the global Travel & Tourism industry lost USD 4.5 trillion in 2020, with the sector’s overall contribution to GDP down 49.1%, 2021 has given us a glimpse into the growth potential that reduced restrictions and greater consumer confidence could provide.
- Increasing vaccination levels are beginning to ease travelers’ concerns, and as the travel industry recovers from the pandemic-related blow, travel technology companies are naturally poised to reap the benefits.
- The work from home era presents a unique opportunity for workers to mix leisure travel with remote work. Travelers intending to work while away have a unique set of characteristics that are defining the new wave of “work from wherever”.
- 2022 may also see a surge in luxury travel as pent-up international travel demand is unleashed amid the stabilizing health situation and loosening border restrictions.
For further details see:
Travel Trends Of 2022