Articles tagged “skift recovery index”

Latin America has shown a strong post-pandemic trajectory. The region’s expansion is fueled by thriving tourism and infrastructure improvements.

Although not fully recovered, the travel industry gained substantial momentum at the start of the year. All regions have almost recovered from the pandemic blues, Asia Pacific being the only exception. With loosening travel restrictions and China reopening, we expect a stronger travel industry to be less uneven this year.

The Skift Travel Health Index dropped for the first time in 2022, as the mess at airports and airlines is catching up with the industry.

Our improved Travel Health Index shows that pricing rules across all travel sectors. Inflated rates pulled up overall performance, but Omicron impacted new bookings coming in during January.

Last year wasn't the runaway success the travel industry anticipated — or needed.

There is still so much uncertainty around the Omicron variant, but already much needed recovery in Asia Pacific is stalling as reopenings are postponed.

While the airlines can be encouraged that flight bookings made in several parts of the world are nearing pre-pandemic marks, the low figure recorded in the Asia-Pacific region is a sign that China's tight outbound restrictions are putting a major dent in the aviation's recovery worldwide.

There is still some weakness in the recovery of the airline sector, particularly in flight search levels and the pricing power of airlines. However, data from the Skift Recovery Index shows that flight bookings and capacity are making major strides toward pre-pandemic levels.

Much is riding on the success of the Dubai Expo — not just for the Emirati. The Expo is undoubtedly the largest tourism-oriented event since the start of the pandemic. Many lessons will be learned from how the city state handles the coming months.

Analyzing lodging booking data shows that hotels are now consistently outperforming vacation rentals. Vacation rentals were the winners of 2020, but some pre-pandemic patterns might be returning.