The Great Rebalancing: Travel spending shifts back to experiences over things. Report
The desire to travel is strong, and consumer and commercial demand for air travel, measured by flight bookings, accelerated meaningfully in early 2022. Could this be the start of travel’s long-awaited recovery? Cruises, buses and trains see strong spending rebound in 2022 as Covid restrictions loosen. Mastercard Economics Institute: Pent-up demand drives global leisure … Read more