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