Americans are booking trips again, and summer travel prices are going up. More butts in airline seats is fantastic news for the pandemic-ravaged travel industry, which lost 62 million jobs in 2020, according to research from the World Travel & Tourism Council. “We need to do what we can to bring back the industry,” says Glenn Fogel, CEO of Booking.com. “So I do believe there will be a tremendous amount of people who are very interested in getting on plane, mostly domestically though.”Contemplating a summer trip? For example, Hopper reports that airfare searches last weekend saw a 16% increase for domestic summer travel compared to the weekend before and a 23% spike for international searches.
Source: Forbes April 05, 2021 16:00 UTC