The Essential Travel Forecast Report 2021 (Part 1) (2023)

Last Christmas, many of us were starting to look ahead and plan our adventures for 2020. Unknown to us, there was a pandemic about to unfold across all corners of the globe, causing misery and fear and putting paid to all our travel plans. By spring, travel was totally off the table – with flights grounded, travel companies – some of which had been in business for decades – going bust, and travel magazines closing. It was an unmitigated disaster for the industry and for the millions of people who work and are supported by tourism and associated businesses.

Now, with the prospect of vaccines and new treatments for Covid, there is light at the end of the tunnel and we are slowly emerging out into the world again. So, what will 2021 bring? In the first of my features looking at travel forecasts for 2021, today, I reveal two trends predicted to be on the rise for next year: wellness travel and a new demand for seclusion and privacy.


One thing Covid has taught us is just how fragile our health can be, and how not to take it for granted. With wellbeing a priority for many, therefore, there is a rise in a focus on holidays which boost our mental wellbeing and encourage us to embrace a healthy lifestyle with very specific, targeted retreats and packages.

Paul Joseph, founder of Health and Fitness Travel – a leading wellness travel company specialising in creating life-enhancing experiences to boost health and fitness – agrees: “As we continue to face the Covid-19 pandemic, we have become increasingly conscious about our personal health and wellbeing,” he says. “Taking a wellness holiday has been shown to lower stress levels,improveresilience, boost immunity and improveour mental and physicalhealth.”


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“After being confined indoors for months, people are more highlyaware of how both travel and outdoor exploration play a vital role in our wellbeing, allowing us to connect with ourselves, others, and nature. Our wellbeing and immunity is more important than ever as we continue to fight against current and future viruses. As a consequence, we have seen demand for clients now booking ournew immunity boosting wellness retreatsto give their mind and body the reboot it needs.”

Based in Phuket, Thailand, Amanpuri, for instance, offers an Immune System Support retreat, which fuses modern medicinal diagnosis of your body with ancient eastern spa therapies to kickstart a healthier lifestyle. Any irregularities with your health will be identified through blood tests and heavy metal scans before you’re holistically treated with the ancient practices of acupuncture and Ayurvedic massage.

In Sri Lanka, the Immunity Boosting Detox retreat, offered at Santani Wellness Resort, recognises the role that nutrition and a healthy gut play in keeping the immune system in tip-top condition. The detox programme is centred around a strict personalised diet plan, Ayurvedic practices and cleanses of the digestive tract.

Renowned for its innovative retreats and cutting-edge spa, Chablé Maroma, on Mexico’s Riviera Maya, is also offering tailored wellness breaks to help boost immunity. Wellness director, CinthyaAlva, comments: “Now more than ever, people around the world are acutely aware of the importance of good health and are looking at their general wellbeing with greater interest. They want to stay healthy, with prevention being key.”

She continues: “Looking ahead, there will be a shift away from lighter pampering treatments to a more serious and creative embrace of evidence-based medical treatments and alternative therapies. AtChablé Hotels, we can develop tailored wellness programmes which give the best possible chance to fight off illness, as well as combat the long-term effects of Covid-19. Also, with stress-related burnout and anxiety increasing becoming an issue due to the pandemic, we can create programmes that focus on helping find mindfulness, balance and mental peace.”

Meanwhile, described as a ‘recalibration for mind, body and soul’, Shakti Himalaya’s new village walk series takes guests on a unique journey, in more ways than one. Providing privileged access to places far removed from the noise of the modern world, the private guided hikes allows guests to get under the skin of the remote mountain states of Kumaon, Sikkim and Ladakh – and in doing so lift the spirits and leave stresses behind.

From the rhododendron-rich slopes of Sikkim, to the majestic peaks and forests of Kumaon and the desolate and otherworldly moonscape that is Ladakh – these journeys will see guests taking privately guided hikes across remote villages, visiting ancient temples and monasteries, savouring authentic Indian cuisine, and enjoying stays in beautiful traditional village homes.All the while, they are walking in the shadow of the Great Himalayan ranges and taking in breathtaking views that will soothe even the most tired souls.In these places of intense beauty travellers can slow down and simply 'be'.

Closer to home, Gleneagles in Scotland is also embracing the great outdoors in the pursuit of wellness. Its new Wild Wellness two-day retreat is a mindful and restorative nature-based programme, set in the wild surrounds of the hotel. Guided by the principle that exposure to nature has significant physical and mental health benefits, the break invites guests to reconnect with the natural rhythm of the dramatic Scottish landscape, to nurture mind, body and soul.

Focusing on harnessing nature’s healing powers, while combining learnings from both Shinto and western practices, the retreat has been designed to focus on organic mindfulness, with self-connection to nature as the guiding factor – setting it apart from the traditional guided mediation approach. The Wild Wellness guide encourages moments of quiet and contemplation, to enable guests to forge an authentic connection with nature.

Finally, Paul Joseph at Health and Fitness Travel, also predicts that “wellness music and healthy sound experiences are going to redefine wellness travel in 2021”.

“New evidence from medical journals suggests that music is invaluable in easing the side-effects of a variety of physical and mental conditions, like PTSD, anxiety, and high-blood pressure,” he says. “In the same vein, living in loud environments, which most people do, has been linked to a rise in heart disease, obesity, low birth weight and cognitive impairment in children. Wellness retreats have recognised the health benefits of sound experiences and many are incorporating them into their offerings.”

Shreyas Silent Retreat in India, for instance, offers a traditional Indian Ashram experience, where sound meditation is integral to the wellness journey of guests.

“Travellers can expect a tailored wellness programme to their specific requirements to maintain and boost their immunity,” Paul says. “Until a vaccine is available, our immune system willneed to adapt unaided to COVID-19 and our clients want to focus on a long and healthy life, be free of disease and prevent future health conditions.”


Months spent apart from others, and the importance of social distancing, has led us to crave space and privacy – to avoid the dangers of too much close contact with strangers. Due to this, it is likely that next year many of us will seek out places that offer us room to breathe, while enjoying new surroundings.

Perhaps offering the ultimate in a home-away-from-home, is the new The Mayor’s Residence just opened at the Waldorf Astoria Amsterdam. The private, nine-bedroom ‘palace’ sleeps up to 15 guests, with its own entrance on the canal, at a cost of €24,450 per night. Included is a dedicated team of staff, including a butler, private chef, spa therapist, concierge and housekeeper. Guests can book unlimited spa treatments throughout their stay and will have sole use of the spa to ensure their privacy. Steeped in history, The Mayor's Residence was built during the Dutch Golden Age in 1665 for Hendrik Hooft, one of Amsterdam’s most influential mayors.

Meanwhile, Vill’Otel by Oliver’s Travels is offering the ‘best of both worlds’ with a range of private villas, cottages, and even castles or château, with all the luxuries of a hotel.Exclusive surroundings, private pools, daily breakfasts, maid service, welcome drinks and concierge all come as standard.

Villa Genoveva, in the Algarve region of Portugal, is part of the offering, and benefits from total seclusion in its own grounds, while giving guests the ability to dip into the wider facilities of the Monte Rei Golf & Country Club, as and when they like.

Meanwhile, also ticking the boxes for seclusion, is Zannier Hotels’ new property – Bãi San Hô, which has opened this month in Vietnam. Found within 98 hectares of paddy-fields and hilltops, it overlooks an untouched, private beach and offers the chance for guests to completely disconnect from everyday life.

Arnaud Zannier, founder & CEO of Zannier Hotels, says: “People are leaning towards more remote-based trips over the bustling city break experience. Next year, they will be more careful about choosing their destination, maybe opting for smaller hotels, with a lower guest density. We’re receiving a lot of demand for our lodges in Namibia – the vast, beautiful landscapes coupled with a very limited number of rooms and unique, bucket-list experiences, are exactly what people are looking for. Our new property in Vietnam, Zannier HotelsBãi San Hôis also perfect for this. With just a handful of small fishing villages nearby, it offers the chance to completely disengage, clear the mind, yet uncover other ways of life.”

The resort is situated on a secluded peninsula in the untouched Phu Yen province, on Vietnam’s south-central coast. Surrounded by miles of pristine coastline, travellers can immerse themselves in local life, by harvesting oysters, learning how to cultivate rice, taking a trip aboard a traditional long boat and hiking, or cycling, along the network of trails. Those looking to discover the region's history can also visit the ancient ruins of the Champa Kingdom and Nhan Tower.

Gastronomy is also integral to the resort, with three dining options available: Bà Hai – meaning ‘Grandmother Hai’ – which sees chefs use traditional recipes handed down from their mothers and grandmothers; Nhà Ở – which serves all-day South East Asian menus; and Làng Chài – a beachfront restaurant, offering fresh fish and seafood dishes.

James Bell, managing director ofTurquoise Holidaysalso predicts that ‘seclusion’ and ‘privacy’ will be the company’s key buzzwords for 2021. “Turquoise clients are desperately wanting to switch off, experience five-star service, and find somewhere they can spend quality time with their families and appreciate what life is all about,” he says.

“Places like the Maldives and the Seychelles are our go-tos. Delve deep into the southern atolls of the Maldives, to experience untouched underwater life at LUX* South Ari Atoll. Or fly to an outer island in the Seychelles, where you will be among a handful of other guests at Six Senses Zil Pasyon. Or why not soak up the Caribbean sun, with a rum in hand, at Bequia Beach Hotel? These would be our top suggestions for next year.”

Another leading expert in travel is Lysbeth Fox, founder and MD of Fox Communications, which looks after a wide selection of luxury travel clients. Among her travel predictions for 2021 is the rise in the need for seclusion, and how we might marry this with the new phenomenon of ‘workathons’ - extended holidays where you can work – and play – in ‘paradise’.

“Right now, to echo the ‘location,location,location’ cliché, the three most important factors in determining the desirability of a hotel are ‘seclusion, seclusion, seclusion’,” she says. “While home-share rentals and busy cities will be low on the desirability scale, next year, isolated villas, rural locations and resorts, that offer buyouts solutions, will be scoring high.”

“So, where to go? I would suggest that Emerald Maldives Resort & Spadelivers all round –it is one of the top hotels for lowest density of villa construction in the whole of the Indian Ocean. Not only has it just been awarded the World's Leading New Resort 2020at the 2020 World Travel Awards, but it also champions a deluxe all-inclusive formula, which allows guests to unlimitedly order delicacies from the fourà la carterestaurants directly to their villas.”

She also adds: With working from home and flexi working hours becoming more prevalent in the new modus-vivendi, one of the key trends we are seeing for next year is the desire for a longer-term change of scene. With tangible benefits to mental health, productivity and all-round happiness, travel businesses across the spectrum are responding to the ‘workation’ trend in interesting ways. Hospitality brands are launching mid- to long-term stay packages including on-site working benefits, entire destinations reopen their borders, announcing extended stay opportunities through working visas.”

However, perhaps best serving the trend for ultimate privacy, are top-end companies, which are able to curate trips and personalise holidays to suit – for those where money is no object. The exclusive travel and lifestyle management company, Knightsbridge Circle,for instance, offers a unique 24/7 serviceto its 50 ‘by invitation only’ members.Witha£25,000 per yearprice tag,the businessdescribes itself as “being able to facilitating the genuinely extraordinary”.

Bucking the trend somewhat, the agency reports a growth in membership numbers since Covid-19 hit. Founder Stuart McNeill says he puts this down to the personal service his team delivers around the clock.

“Lockdown has led to exponentially more screen time, with many companies increasingly embracing technology to communicate with their clients. Knightsbridge Circle, however, is resisting the digital pivot,” he reveals. “We feel that maintaining the best customer experiences are built on empathy and trust, which no amount of technology can ever replace.”

They have noticed that their ‘Millennial’ clients require the most contact time –a trend supported by Euromonitor International’s recent finding that 69% of people prefer offline communication rather than speaking via technology.

Live365 is another example of the trend. Launched by private jet charter company,365 Aviation,the new platform offers a collection of inspiring and enriching travel experiences, in collaboration with some of the world’s leading luxury brands.

Curated in partnership withRosewood Hotels & Resorts, Taittinger Champagne, Princess Yachts, PelorusX, Jaeger LeCoultre, The Oxford Ski Company,The Ultimate Travel CompanyandYour Golf Travel Select, the idea is that travellers can tap intobespoke experiences via private jet, facilitated directly through 365 Aviation.

From yacht explorations in Tahiti to private tours of Swiss watch manufacturers; exclusive use of a Champagne château to luxury expeditions in Antartica, the idea was born out of an increased demand for meaningful, memorable travel experiences.

“It is something which really grown in light of the global pandemic,” says the brand. “Individuals are travelling less frequently, but more purposefully. By working in collaboration with like-minded luxury brands, Live365 will deliver enriching itineraries through a single point of contact. What’s more, each partner is committed to sustainability and communities, through a wide range of philanthropic and environmental pursuits across the globe. These includeThe Pelorus Foundation, Climatecare, The World Land Trust, The Marine Conservation Society and Clearwater.”

Finally, renowned for its bespoke experiences, Pelorus also sees a demand in remote travels being key for next year. Co-founder Geordie Mackay-Lewis comments: “Pelorus specialises in secluded and private experiences; these have been central to our trips since inception and, due to recent events, we are are seeing even more demand for this type of travel. We would recommend visiting the islands of northern Norway, the jungles of Costa Rica and the deserts of Namibia for true seclusion. We would also recommend chartering a yacht in the Galapagos or Antarctica for the ultimate in being at one in the wilderness.”

Up next: The Travel Boom in Africa and Hidden Europe


What is the travel forecast for 2021? ›

this year will bring holiday travel in line with 2017 volumes. increase of 27.6% from 2020. the year-end holidays in 2021 will be nearly triple the 2020 total, with 6.4 million people flying. 2.9 million using transportation including buses, trains and cruise ships.

What is the USTA business travel forecast? ›

The US Travel Association (USTA) project that the volume of business travel by air will recover to around 98% of pre-pandemic levels in 2023, with recovery back above 100% in 2024. Domestic travel is at or above pre-pandemic levels, but international arrivals are still in recovery mode.

What is the outlook for the US travel Association? ›

Continued improvement in domestic business travel, with a slight slowdown in 2023 as the economy enters a mild recession. A full recovery in terms of volume is still forecast for 2024, but inflation-adjusted spending recovery remains beyond the range of the forecast.

What is the travel forecast prepared for the US travel Association by Tourism Economics? ›

The forecast, based on analysis from Tourism Economics, projects that domestic business travel volume will reach 81% of pre-pandemic levels in 2022 and 96% in 2023. However, domestic business travel spending, when adjusted for inflation, will not fully recover to pre-pandemic levels within the range of the forecast.

How much will travel increase in 2023? ›

Both domestic and international flight prices are up in 2023 compared with 2022 (52% for domestic and 29% for international), KAYAK reported. The smallest fare increases for next year from the U.S. are to the South Pacific, up 3%, and Europe destinations, up 10%.

Will travel be better in 2023? ›

According to, U.S. travelers are feeling overwhelmingly more optimistic about traveling in 2023 compared to 2022 and, despite some current instability felt globally, nearly three quarters (73 percent) report that traveling will always be worth it.

Is business travel coming back? ›

New reports say business travel isn't going back to normal — ever. The days of high-flying, big-spending business travel may be over for good. As a new report by research company Morning Consult declared: Business travel will never return to normal.

Is business travel increasing? ›

According to our 2023 Traveler Value Index, about a third (32%) of consumers are planning to take a business trip in the next 12 months, including more than 3 in 5 (62%) of remote workers.

How do I get a USTA national ranking? ›

In order to obtain a USTA ranking one must play and win matches in sanctioned USTA singles and doubles tournaments. USTA tournaments consist of Levels 1-7, 1 being the strongest and 7 being entry level tournaments. 100% of the singles ranking points from a players' 6 best Junior Ranking Tournaments.

Is there a shortage of travel agents? ›

The entire travel industry is understaffed. COVID still results in further staff shortages, and total flights mean rebooking is likely to be a problem. We'll do the best we can for you, but if you have to be somewhere for a cruise or wedding or something, book to arrive at least a day in advance, if possible.

What is the largest travel association in the United States? ›

U.S. Travel Association is the national, non-profit organization representing all components of the U.S. travel industry—a key contributor to America's economic success.

What is the largest travel agency in the US? ›

Who is the largest American travel company? Booking Holdings has the current title for both largest travel company in the world and the largest American travel company based on gross sales in 2021. How much of the travel industry do Expedia Group and Booking Holdings account for in the leisure travel space?

Will people travel more in 2023? ›

49% of American Plan to Travel More in 2023

A resounding 87% of survey respondents expect to travel at least as much as they did in the prior year, with 49% selecting that they expect to travel more.

What is the demand for travel 2023? ›

So far, leisure travel demand remains robust through the end of March 2023. Leisure travel bookings were up roughly 31% at the end of March compared to the same time in 2019, representing an impressive 25% year-over-year-to-date growth between 2022 and 2023.

How will travel be in 2023? ›

More specifically, Americans are expected to take 3.8 million international vacation trips during 2023, up from 2.2 million in 2019, before the pandemic, a 72% increase. Meanwhile, the average American traveler will spend $15,364 on international travel next year, up 16% from pre-pandemic spending projections.

Will airfares drop in 2023? ›

But airfares are dropping, with April 2023 prices down 14.6% from those May highs. While April 2023 airfares are 2.7% higher than what they were last month in March, they're actually slightly lower (down 0.9%) from what they were in April 2022.

Are flight prices expected to go down in 2023? ›

“In 2023, we expect that [trend] to reverse and year-over-year fares to fall,” Keyes said, pointing to Federal Reserve data indicating recent, modest drops in airfare—a shift that comes as airlines have begun to add more flights, fueling competition.

Will there be another cost of living increase in 2023? ›

While the 2022 COLA adjustment was 5.9%, government inflation data showed costs grew at a faster pace for much of last year. Now, the 8.7% COLA for 2023 is outpacing current inflation, with a 5.8% increase over the past 12 months for the consumer price index for urban wage earners and clerical workers, or CPI-W.

Will international travel be cheaper in 2023? ›

Going into 2023, travelers can expect to pay more for nearly all travel costs, including flights. To help travelers prepare for the upcoming year, expected increases for multiple regions throughout the world are outlined below.

How many Americans plan to travel in 2023? ›

More than 90% of Americans plan to travel in 2023.

How far in advance should I book an international flight in 2023? ›

Time your booking right

“For international flights — [it's] four to 10 months.” If you're traveling during an off-peak season, you're going to want to look at airfares one to three months in advance for domestic flights, and two to eight months ahead of the flight for international trips.

Are travel agencies dying out? ›

Plummeting revenues. According to a survey conducted by the American Society of Travel Advisors (ASTA) in August 2020: 93% of travel agencies reported business income down at least 75%compared to 2019. 78percent reported that income was down 90% or more.

What is the peak month for business travel? ›

Although the data comes from several sources, all metrics point to October as the busiest month for travel throughout the year.

How much business travel is too much? ›

People who take work trips two weeks or more a month report more symptoms of anxiety and depression and are more likely to smoke and have difficulty sleeping, compared to those who travel one to six nights a month, according to a new study by Columbia University's Mailman School of Public Health and City University of ...

What industries travel the most? ›

What are the best business career options that require travel?
  • Sales Representative. 2020 taught many companies that face-to-face interaction cannot be beaten. ...
  • Retail Buyer. ...
  • Event Planner. ...
  • Consultant. ...
  • Traveling Nurse. ...
  • International Aid Worker. ...
  • Civil Servant. ...
  • Teacher / Teach English.
Mar 29, 2021

What companies spend the most on business travel? ›

The volume of air tickets purchased by Amazon in the United States amounted to 120 million U.S. dollars in 2021, which positioned this company as the leading corporate travel spender in the North American country. FedEx followed closely in that year.

What percent of Americans travel for business? ›

What percent of travel is business travel? Approximately 12% of U.S. travel is business travel as of 2022. That number is slightly down from 13.6% in 2021, but half of what it was pre-COVID. For instance, in 2019, business travelers made up at least 25% of all travelers.

What is USTA Level 1? ›

The USTA tournament structure utilizes seven levels of events, ranging from Level 7 (Intermediate) to Level 1 (National Championships), as well as a national ranking system that will distribute points consistently across the country.

How do I move up my USTA rating? ›

Identify your strengths and weaknesses and improve your weaknesses and come up with a game plan that accentuates your strengths. As you go through your new season with a rating improvement plan in place, you may start to see results in the form of more wins or more competitive matches when playing up.

Can you go pro from USTA? ›

The USTA Pro Circuit was formed in 1979 to provide players with an opportunity to gain the professional ranking points they need to compete on the major pro tours.

Does anyone use travel agents anymore? ›

Yes—and now they're called travel advisors. They could be more helpful than you may think. If the idea of using a travel agent to plan your next trip sounds like recommending a rotary phone to confirm your flight reservation, think again.

What percentage of a trip does a travel agent get? ›

Compensation earned from airline tickets make up a much smaller percentage of an agent's overall commissions. Generally, agents earn a 0-5% commission rate for domestic flights and 10-22% for international flights.

Is it stressful to be a travel agent? ›

Being a travel agent is a stressful job. Agents must keep up on all new traveling information as it develops. Those working for themselves will experience tough times if they don't get enough customers. Travel agents market themselves by creating websites, belonging to travel consortiums, and networking.

What is the most visited country in the world? ›

Top 10 Most Visited Countries in the World
  • France – 82.6 million visitors.
  • The United States – 75.6 million visitors.
  • Spain – 75.6 million visitors.
  • China – 59.3 million visitors.
  • Italy – 52.4 million visitors.
  • United Kingdom – 35.8 million visitors.
  • Germany – 35.6 million visitors.
  • Mexico – 35.0 million visitors.

Which age group travels the most? ›

American millennials are reported to travel an average of 35 days per year, significantly more than other generations. Meanwhile, the average travel days for other generations in the US are 26 for Gen X, 27 for baby boomers, and 29 for Gen Z.

What is the oldest travel agency in the United States? ›

In 1887, Walter T. Brownell established Brownell Travel, the first travel agency in the United States, and led 10 travelers on a European tour setting sail from New York on the SS Devonia.

Who is the richest travel company? ›

With a market cap of approximately 78.2 billion U.S. dollars, ranked first among the leading online travel companies worldwide as of December 2022. Competitors Airbnb,, and Expedia followed on the list. Second-ranked Airbnb's market cap amounted to roughly 54.1 billion U.S. dollars.

What travel agency just went out of business? ›

British travel company Thomas Cook has collapsed, leaving 150,000 British vacationers stranded overseas.

What country will be in 2023 last? ›

Which country welcomes 2023 last? The uninhabited islands of Howland and Baker Islands will be the last places to welcome 2023. The island, near the United States, welcomes the New Year at 12 pm GMT (5:30 pm IST on January 1). So, the West still celebrates New Year while it is already evening in India.

Which country will get 2023 last? ›

Howland and Baker Islands, which are territories of the United States, will be the last places on Earth to celebrate the New Year (5.30 pm Sunday IST).

What will travel be like in 100 years? ›

A hundred years from now, airlines will very likely be operating a fleet of not just passenger aircraft, aerial taxis, and space planes – but also of airships. We think of the future through the lens of Moore's Law – that things will only go faster or higher.

Is it safe to fly in 2023? ›

Your chances of being involved in a fatal plane crash are incredibly small - around 1 in 11 million, according to Harvard researchers. While your odds of being in a plane accident are about 1 in 1.2 million, survivability rates are about 95.7% - so the odds are with you no matter how you look at it.

Will I be able to travel to Europe in 2023? ›

Once implemented in 2023, each and every traveler entering Europe without a visa will need one. The purpose of ETIAS is to enhance border security to the EU. It is designed for short-term (90 days or less) visits to the EU and will be required for entry to the EU after the projected ETIAS launch date of November 2023.

How does the US economy look for 2023? ›

Since our September forecast, we expected the U.S. to fall into a shallow recession in 2023. We now expect U.S. GDP to decline by 0.3 percentage points from its peak in first-quarter 2023 to its third-quarter trough.

What to expect from 2023 travel trends and predictions? ›

The U.S. Travel Foundation is forecasting an increase in travel spending in 2023 compared to 2022 (or 2019, for that matter). As a traveler, that means you should still expect completely full flights and plenty of other visitors at popular travel spots.

What will happen to the climate in 2023? ›

According to NCEI's Global Annual Temperature Outlook, it is virtually certain (> 99.0%) that the year 2023 will rank among the 10-warmest years on record.

What is the projection for travel growth? ›

Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 4.41%, resulting in a projected market volume of US$1,016.00bn by 2027. The market's largest segment is Hotels with a projected market volume of US$408.80bn in 2023. In the Hotels, the number of users is expected to amount to 1,333.00m users by 2027.

What is the travel market outlook for 2023? ›

Leisure and business travel are now growing at the same rate, up 33% from the same month in 2019 by the end of March 2023, a 42% year-over-year-to-date change from 2022 to 2023.

What is the online travel market forecast? ›

The global online travel market size was valued at $354.2 billion in 2020, and is estimated to reach $1,835.6 billion by 2031, registering a CAGR of 14.8% from 2022 to 2031. Online travel providers aim to ease travel planning and bookings for travelers.

Is air travel picking up 2021? ›

Air travel has picked up this year following COVID-19 disruptions in 2020 and 2021.

Will travel prices go down in 2023? ›

In 2023, we expect that [trend] to reverse and year-over-year fares to fall,” Keyes said, pointing to Federal Reserve data indicating recent, modest drops in airfare—a shift that comes as airlines have begun to add more flights, fueling competition.

What is the world's leading travel website? ›

Overall, the best website for traveling is Expedia. It's one of the biggest and most trusted booking sites in the world, covering everything from flights and hotels to cruises and car rentals. Expedia is the world's leading online travel service, so it's no surprise that it's also among the best websites for traveling.

What is the number one travel stock? ›

TickerCompanyMarket Cap
12 more rows

Who is the largest online travel aggregator? ›

Top Online Travel Agencies
  1. is one of the largest and most popular travel websites in the world, with over 1.5 million nights booked every day. ...
  2. Expedia. ...
  3. Airbnb. ...
  4. Hostelworld. ...
  5. Agoda. ...
  6. Vrbo. ...
  7. Hotelbeds. ...

Which airlines are struggling the most? ›

American Airlines Is The Most Unreliable Among U.S. Travelers
  • American Airlines: 2,183 flight problems and 6,491 reported complaints.
  • United Airlines: 1,583 flight problems and 5,135 reported complaints.
  • Spirit Airlines: 1,102 flight problems and 3,206 reported complaints.
Jan 18, 2023

Is international travel picking up? ›

International travel doubled in 2022 compared to levels in 2021, with the Middle East and Europe making a strong comeback, according to a new report released Tuesday by the UN World Tourism Organization (UNWTO).

Why is air travel so bad right now? ›

The U.S. economy itself at a GDP basis is larger than it was before COVID, and air travel demand and GDP are very closely tied. As the U.S. economy comes back, the airlines just cannot accommodate that level of demand, including all of the pilots that need to get trained and retrained.


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