![]() Still hard to say when the Business Travel and Meetings sectors will resume. They are also seeing bookings for social coming back, things like weddings and parties that have been pushed and pushed. With people unable to travel over the last year, there has been a great deal of savings amassed, so there is money waiting on the sidelines which they predict will come back fast in the form of “revenge travel” for bigger more splashy trips. Beach properties, resorts, and national parks have been popular, they forecast big city leisure trips to start coming back in late summer. In addition to Saturday and Sunday, Thursday and Sunday are now popular. New patterns in travel are the silver lining, says Cindy of Kalibri Labs, with the best thing to come out of the working from home trend is the extended long weekend. ![]() Kalibri Labs and Hilton have seen and tracked the customer movements which reflects this. Mostly value-oriented bookings on OTAs and direct, and the booking cycle has shortened. The Leisure Travel market has been the first to pick up, this has started regionally and will expand as people feel more comfortable going further afield and flights resume. The hotel and economic data and indicators are all positive, Rachael from CBRE says there’s no need for “cautious optimism” anymore, we are definitely in a recovery that should continue (barring any unforeseen disruption.)
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