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Asian air travel far from pre-covid levels

  • Automatic
  • 2 July 2024
  • 1 minute read
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This article was written by Hospitality Today. Click here to read the original article

A return to pre-pandemic travel levels seems unlikely in the near future as Asian travelers appear reluctant to resume flying

Jul 2, 2024

While tourist hotspots from Japan to Indonesia are seeing a resurgence in activity, and the upcoming Paris Olympics are expected to boost travel from Asia to Europe, current data suggests that we are still well below pre-pandemic levels.

Key takeaways

  • So far this year, travel levels are still 13% below 2019 levels. In addition, May data suggests that growth is slowing;
  • Tensions between the U.S. and China have significantly reduced demand and interest in both business and leisure travel across the Pacific;
  • China’s economic slowdown has led consumers to cut back on spending, and rising national pride is encouraging more domestic travel;
  • Increased workplace flexibility and changes in corporate travel policies, including a greater focus on reducing carbon footprints, suggest a permanent reduction in business travel growth.

Get the full story at Bloomberg (subscription only)

Please click here to access the full original article.

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