A new covid-free destination took off in 2021 and is expected to welcome many more visitors in the coming years: space WorldAhead
The recovery will be uneven. Domestic travel in large countries has already bounced back—America is getting closer to pre-covid levels and China has surpassed them already. Regional travel is picking up., an airline-industry body, reckons Europe could be back to nearly four-fifths of pre-pandemic levels in 2022. But Asia’s recovery has been slow and may continue to lag the rest of the world.
Leisure bookings surge whenever countries lift restrictions on foreign travel, and unless a new, more dangerous mutation of covid-19 emerges, that huge pent-up demand will help fill planes again on short-haul routes. Businesses, however, plan to spend less on travel. Surveys suggest that budgets are typically being cut by 20-40%. The gloomiest prognosticators reckon half of all business travel could be gone for good.
Even if a more virulent mutation of the virus emerges, potentially putting everything into reverse again, one type of globetrotter will fly above the lingering dark clouds—the rich. Soaring demand for seats on private jets is likely to continue as the wealthy sidestep many of the barriers facing the masses. The first eight months of 2021 saw 2.
If that is not exclusive enough, a new covid-free destination took off in 2021 and is expected to welcome many more visitors in the coming years. If you have several hundred thousand dollars to spare, you can book a ticket for a flight to outer space.This article appeared in the Business section of the print edition of The World Ahead 2022 under the headline “Fasten your seat belts”
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