Everything you need to know about the travel rebound
Depending on where you are in the world, the hospitality industry is starting to breathe a cautious sigh of relief. With various vaccines circulating the globe, it seems like a travel rebound is finally on the horizon – and not a moment too soon, as the industry is still reeling from a year of pandemic-related losses.
The pent-up demand for travel experiences exists in both consumers’ desire to finally get out of the house and their ability to spend. With a lot more nights in and pared down entertainment expenses, many consumers worldwide are flush with cash after saving at record high levels for much of the past year.
As you plan your own hotel’s rebound strategy, here’s a department-by-department guide to prepare for what’s shaping up to be a record-breaking summer travel season.