Booking Holdings Glenn Fogel on Travel Demand

The transcript discusses the current state of travel demand, highlighting the impact of COVID-19 and the role of vaccines in potentially returning to normality. It explores the concept of vaccine passports and the need for technological solutions to facilitate safe international travel. The challenges of global vaccination rollouts, especially in less developed economies, are addressed, emphasizing the importance of a worldwide program. The outlook for summer travel is analyzed, considering the race between virus mutations and vaccine distribution. European travel expectations are discussed, with a focus on vaccination progress. Finally, the conversation shifts to taxation and its economic implications, advocating for an equitable tax system that supports innovation.

What are the potential consequences of vaccine-resistant virus mutations?

How is the vaccination rollout in Europe affecting travel expectations?

What are the implications of higher corporate taxes on innovation?