Travel Tech Essentialist

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State of Travel 2022

traveltechessentialist.substack.com

State of Travel 2022

Slides from a Skift Research presentation

Oct 5, 2022
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State of Travel 2022

traveltechessentialist.substack.com

Over $1 trillion in savings and pent-up demand between the US and Europe

A new remote future

Business travel becomes culture

Global accommodations…in the next 12 months we might be back to fully recovered

The big hotel brands are getting bigger (chart shows independent hotels within the Marriott system)

Multibillion-dollar opportunity in hotel tech

The wunderkind of the travel sector: short-term rentals. 2022 > 2019!

Airline ancillary revenue became even more important in the pandemic. Almost at 15% now of global airline revenue.

Shift from business class towards premium leisure

OTAs still on the road to recovery

Google travel share as % of metasearch

Example of product innovation: eDreams, Hopper and Airbnb

Another product innovation…offline!

Conclusion

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State of Travel 2022

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