“Demand will increase sharply at the point when vaccines are widely distributed and border restrictions are eased, and not prior. Expect that in the second half of 2021, possibly sooner if vaccine distribution improves.” Andrew Nocella
“Pent-up demand” for leisure-related travel will rise following vaccine roll-outs this year, Nocella forecasted, while business travel will “take 18 to 24 months to recover.”
Meanwhile, Charlie Kao, CEO of TravelMole launched VirtuallyYoursTravelShow (VYTS) – a company which aims to help travel industry businesses and travelers alike to overcome the covid-19 pandemic damage. The company allocated $1 million in marketing support to the industry.
Kao said he expects a surge in numbers of travelers in time for Spring break.
“I imagine a lot of this surge in numbers are the youth on Spring break. It would also include already vaccinated individuals, visiting family and friends, along the lines of the new CDC guidelines. And, include those who think Covid has, for the most part, been controlled, based on the highly publicized declining Covid figures and States who have dropped mask requirements and opened public venues. CDC’s messaging of a Covid resurgence still lurks and people should void air travel have fallen on many deaf ears. ” Kao said.
