Even though the US and LATAM continue to face a rise in the number of daily cases; to everyone’s surprise travel numbers have been witnessing a steady growth in the region helping the Travel Recovery Index to move to 43.
The report this week features insights from BCV, highlighting the fact that close to 40% of questions posted by users in May and June on social media were related to ‘Property opening’, an encouraging sign for hoteliers as it shows higher intent of travel amongst U.S. travelers.
In other parts of the world, the flight vertical, which has seen very little movement since April, is finally starting to show an upward trend. Flight searches and capacity in Europe is witnessing the highest increase even though some countries bring back partial lockdowns to curb the spread of the virus.
With the news of successful vaccine trials, the entire industry is now hoping that the worst is behind us and we are moving towards a #bettertomorrow.