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News to Know
Travel, Tourism Experts Upbeat on Industry's Growth
(SOURCE: TTN)
“Now we can really say the pandemic is over," said Charuta Fadnis, Vice President of the tourism market research company Phocuswright, on Monday at the opening of ITB Berlin, the World’s Largest Travel Trade Show.
In 2023, the travel market not only recovered from its slump during the crisis of the COVID pandemic, it even surpassed 2019 levels.
However, during a panel discussion at ITB Berlin, Fadnis cautioned that growth rates would level out. “Pent-up demand has been satisfied."
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