![]() ![]() “Travel remains a bright spot relative to other sectors, but we’re also seeing signs of moderation in the travel space,” said Anna Zhou, an economist for the bank. They say spending on hotels, which rebounded relatively early from the pandemic, dipped this spring, while the late-recovering cruise industry is still steaming ahead - card spending on cruises rose 37% last month, although from very low levels a year ago. Industry executives say consumers are favoring the experience of travel over other types of spending, but some analysts see cracks in the strong demand for travel that began in early 2022.īank of America analysts say data from their credit and debit card customers showed a slowdown in spending in April, as card use fell below year-before levels for the first time since February 2021. “I don’t have the hubris to tell you exactly how the summer is going to go, but we have prepared and we have a robust plan for it,” said Andrew Watterson, chief operating officer at Southwest Airline, which struggled at times over the summer of 2022 and suffered an epic meltdown around Christmas, canceling nearly 17,000 flights.įor the travel industry, the big question is how long consumers can keep paying for airline tickets and accommodations while they try to deal with stubbornly high inflation, news about layoffs and bank failures, and fear of a recession. Airlines have hired about 30,000 workers since then, including thousands of pilots, and they are using bigger planes to reduce flights but not the number of seats. Travel company Expedia said larger inventories let the companies rent more cars at lower prices.įor air travelers, airline industry officials say carriers have fixed problems that contributed to a surge in flight cancellations and delays last summer, when 52,000 flights were nixed from June through August. Renting a car is also cheaper than a year ago, when some popular destinations ran out of vehicles. Watch this step-by-step walkthrough for 'Next Space Rebels (PC)', which may help and guide you through each and every level part of this game. There is a bit of good news for drivers, however: The national average for a gallon of regular was $3.56 at midweek, down from $4.60 at this time last year, according to AAA. Please Submit a Problem for any incomplete, non-working or fake code listed above. All Reviews: Very Positive (224) Release Date: Nov 17, 2021. And the average daily rate for other short-term rentals such as Airbnb and Vrbo rose to $316 last month, up 1.4% from a year ago, according to AirDNA, which tracks the industry. Watch this step-by-step walkthrough for 'Next Space Rebels (PC)', which may help and guide you through each and every level part of this game. In Next Space Rebels, you will develop from a naive rocket hobbyist into an experienced space activist by designing, building, and launching rockets of increasing complexity. ![]() hotel room last week was $157 a night, up from $150 in the same week last year, according to hotel data provider STR.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |