There are several factors that could crimp travel demand — rising prices, economic fears — but COVID no longer seems to be one of them.
backs up Capuano’s assertion, showing that Americans aren't thinking much about the coronavirus as they hit the road,Half of adults have taken a vacation or trip in the past three months, and among them, only 27% said they had limited their indoor dining or events during their outing.The Global Business Travel Association
A “rapid” deterioration in macroeconomic conditions is key to the delayed recovery, the association said.Capuano acknowledged that business travel spending remains down, but he said Marriott is tracking an upswing in “blended” travel — in which people mix business and pleasure on their trips.“We are challenging our operators to think about … what they're doing with fitness and spa, what they're doing with their menus and their operating hours,” Capuano said.
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