68% travel leaders forecast higher spend from consumers on their future travel plans

New research by Sabre identifies prominent shifts in travel. The results indicate that revenge travel with the objective of making up for lost time is a meaningful phenomenon, with 68% of travel leaders responding that they are forecasting a higher spend from consumers on their future travel plans. More than a third of airline and agency leaders participating in the survey indicated that they believe travel will return to pre-pandemic levels by the end of 2024; a further third responded that they believe this will happen in 2025 or beyond.