Revenge travel is coming to an end, says industry CEO — here’s what will replace it

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The CEO of Intercontinental Hotels Group says that the world has moved beyond revenge travel--even China.

The idea was that people were so fed up with the covid-19 pandemic lockdown that they packed their bags and took off for just about anywhere once travel restrictions started to ease.“The pandemic made people realize you can't take travel for granted and many Americans are eager to visit Europe this summer,” Daniel Durazo, director of external communications at Allianz Partners USA, said in an April 2022 statement., which found that almost a third, or 32.8%, of all U.S.

The company’s latest quarterly update showed travel demand remained strong during the close of the summer travel season. This is despite a 3% drop in revpar, compared to 2019, in large cities in Greater China, which are more dependent on international travelers.

 

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