At the onset of the pandemic, airlines and hotels saw nearly identical declines in bookings as Americans quarantined at home, but new research suggests that airlines are having more difficulty mounting a recovery.
The Adobe Analytics report analyzed transactions from 6 of the top 10 U.S. airlines, and 8 of the top 10 U.S hotels, an analysis that comprised “150 billion visits to travel, leisure and hospitality sites.” Lack of business travelers The industry’s financial performance will be more varied this year than we expected in December, the International Air Transport Association said, citing “difficulties in controlling the virus variants and slower vaccination in some regions.”
“ ‘Large airlines have raised sufficient cash to cover this already. Many smaller airlines haven’t and will need government aid.’ ” Another factor contributing to the disparity between hotel bookings and flights is that business travel hasn’t bounced back. Only 11% of U.S. consumers plan to travel for business in the next six months, according to an Adobe survey of 1,000 people.
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Stop spreading fear you pussyfooting market watchers
Total bull crap TSA check points are near 2019 levels
3 hour wait at LAX this morning - to be specific, it was 6:30 am. Busiest I’ve ever seen an airport in my life. Appears if people were scared - that has fear has evaporated and it’s total madness once again… Arrive early folks.
Not the case in Maui!
The prices don't reflect this narrative.
this is terrible news
If you wear a mask now, that’s basically a flag for not getting vaccinated. Or you don’t believe the vaccine works?
Put the prices down and I’d fly. $1500 a ticket right now for me to fly from the states to see family in the UK!
Been on a plane 4 times already in early spring, airports would say the opposite
How much of that is the fault of the constant fear porn we see in the media?
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