Travel Industry Sees Early Signs That A Rebound Is Starting

The travel industry is showing signs of recovery, with domestic air travel still down by over 50%. Vaccination rates are encouraging more Americans to plan vacations, especially baby boomers, though many remain cautious. Border closures have severely impacted international and domestic flights, with airlines like Qantas halting international operations. The cruise industry faces challenges, with many cruises already booked but not enough to sustain the industry. Some in the travel business, like John Morgenthaler, have had to adapt by starting new ventures due to the slow recovery pace.

What new insight or understanding did you gain from this video?