The Future of Travel. How the industry will change after the pandemic.
By every measure, the coronavirus pandemic has decimated the travel industry.
The images of the world’s shutdown are eerie, the numbers are staggering. Approximately 100 million travel sector jobs, according to one global estimate, have been eliminated or will be. Passenger traffic on U.S. airlines is down 95 percent compared to last year, while international passenger revenues are expected to decrease by more than $300 billion. Domestic hotel occupancy rates fell off a cliff and now hover around 25 percent. The whole article