This chapter explores the decline in travel demand following the pandemic, focusing on the financial impacts on rentals and airlines. A case study from Orlando illustrates the challenges faced by hosts due to fewer visitors, while experts discuss the ongoing effects of inflation and consumer spending on future travel growth.
That White Lotus-inspired trip to Sicily. The Instagram-perfect Joshua Tree glamping holiday. A party weekend in Miami. Ever since the first lockdown restrictions were lifted in 2021, Americans have been spending big on travel. But a recent slew of weak earnings from companies like Delta and Expedia suggest that the post-pandemic travel boom is finally over.
In today’s episode, Bloomberg tech reporter Natalie Lung tells host Sarah Holder that from airlines to Airbnb, companies are reporting weaker-than-expected demand for summer travel. So does that mean now is the perfect time to book a last-minute vacation? Depends on where you’re game to go.
Read more: Flights, Hotels and Parks Are All Flashing Travel Warning Signs
See omnystudio.com/listener for privacy information.