China ended its zero-Covid policy in December 2022, opening up domestic leisure travel for the first time since the start of the Covid-19 pandemic. Then, at the beginning of 2023, China re-opened its borders for international tourists without strict quarantine requirements. As a result, rebound travel demand has spiked for travelers both in China and in the broader APAC region....
With the weather turning colder in some areas of the country, travelers’ minds are beginning to shift toward holiday planning. The end of 2022 is proving to be an interesting quarter for both travelers and hoteliers, thanks to several key trends like increased travel demand, record-high inflation, and limited flight availability. Let’s take a closer look. Projected Increase in Flight...
Demand for travel was again at a high point for the year in the month of August in the U.S, with Labor Day demand peaking in the days leading up to the holiday weekend. In Europe, COVID-19 cases rose steadily; however, demand has remained strong and has now surpassed 2019 demand. APAC demand was up 20% compared to the same...
Demand for summer travel continued to increase throughout the month of July, with U.S. demand at its high point for the year. Based on historical trends and the recovery we saw for Memorial Day and the Fourth of July, we expect Labor Day demand to be near 2019 demand levels. In both the U.S. and Europe, COVID-19 cases are on...
Demand for summer travel is heating up as we head into the July 4th holiday weekend. We are seeing hotel demand for Fourth of July check-in dates increase at a rapid rate. Based on the recovery we saw for Memorial Day travel, we expect July 4th demand to be at or near 2019 demand levels which would be approximately 3x...
Since March of last year, the Koddi team has been tracking hotel demand and recovery trends closely. This past month, we’ve seen optimistic movements in both hotel demand (searches) and the rate of new COVID-19 cases. Below we break down the top trends and updates by region. U.S. Highlights In the U.S., we’re at demand levels that we haven’t seen...