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What Does The Future Hold For The Travel Industry?

As global lockdown has created an economic instability, the COVID-19 pandemic has become an ordeal for business sectors across the world; especially for the travel industry. Therefore it's difficult to envision what the travel industry will look like when it ultimately ramps back up. However, many economists are optimistic and believe that the travel industry will bounce back.

The travel sector needs to reconsider a few options and persuade people to believe it is safe to travel post-Covid-19 pandemic. Yes! We don't exactly know how or when the pandemic will pass, but once it does, the travelling industry will thrive like never before.

In this article, we give you a heads up on how the travel industry would prevail in the future; addressing a few important developments that travellers may likely have to go through once the pandemic ends. Have a look!

Hotel And Resort Room Rates Will Drop Drastically

Hotel And Resort Room Rates Will Drop Drastically

The rates will unquestionably go down so to attract travellers and customers. It is documented that even during the recession in 2009, the hotel industry took twice as long to stabilise its market. So, a pandemic like this might hit them hard and most of the well-known hotel chains may change hands behind the scenes but would still remain functional under the same label and brand.

Sanitation And Hygiene Will Be Addressed A Lot

Sanitation And Hygiene Will Be Addressed A Lot

Every chain of the travel industry, be it the resorts, cruise, airlines, vacation rentals, or hotels, is going to have to change the way they control and clean the ambience that customers consort with and also communicate that back to guests to enhance their comfort level. Moreover, new and visible measures will be the way forward to show how clean the premises are. Whether that involves hand sanitizers or masks or repeatedly cleaning hard surfaces; there will be a clearly articulated regimen to let the consumers know, these measures are essential to keep them safe.

Airline And Cruise Fares Will Become Affordable.

Airline And Cruise Fares Will Become Affordable.

Tourists and travellers will find very low rates as airlines and cruise lines begin to function as normal. However, it would remain a challenge for the airlines and cruise lines to attract new customers, as the world has associated them to be the carriers of the virus from one country to another. Well! The thought will pass, but will not be forgotten. So, it may act as an initial setback for these transportation means.

Travellers May Prefer Hotels And Resorts Over Vacation Rentals

Travellers May Prefer Hotels And Resorts Over Vacation Rentals

This pandemic will create uncertainty in the smooth running of the alternative room options, such as Airbnb and other vacation rental sites because these premises may struggle to cope with regulated precise cleaning standards. And tourists and travellers will prefer safe protocols, which will be the number one priority of the hotel industry.

Business Travel May Spur Recovery For Airlines

Business Travel May Spur Recovery For Airlines

While many companies start to reopen, it will eventually let business work, as usual, meaning travelling will get back to normal and it will help spur airlines recovery. The lockdown does show the true convenience of virtual meetings but social beings like us we thrive on real interaction. So, it may further support air travel as people will look to get back to there work-life and create opportunities.

Heightened Sustainability Is A Possible Outcome

Heightened Sustainability Is A Possible Outcome

What remained as the top-of-mind priority before the pandemic arrived will prevail positively in the future. Sustainability, which was one of the most trending and globally addressed travel topics before the spread of COVID-19, will be one of the changes that make will make an impact in the real world. It will help us become more responsible and guide us to follow an ethical way to preserve our environment when this crisis ends.

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