MMGY Travel Intelligence has released results from the second wave of the Travel Intentions Pulse Survey (TIPS), research commissioned by the US Travel Association and designed to measure the impact of Covid-19 on US leisure and business travellers.
Travel intent during the upcoming six months continues to decline amidst the spread of the pandemic, with intent to travel for leisure vacations falling to 31% and intent to travel for business down to 21%. Americans’ willingness to travel both domestically and internationally remains dependent on the slowing of the spread of Covid-19 and the reduction of Centers for Disease Control (CDC) and Prevention advisories.
Key findings include:
- While six in 10 leisure travellers have cancelled a planned vacation as a result of Covid-19, one in three travellers has postponed vacation plans in hopes of rescheduling later in the year.
- The potential impact of attractive travel deals to help stimulate bookings fell nine percentage points from Wave I to Wave II, suggesting that concerns about safety take precedence over attractive prices.
- More than one-third of those who regularly travel for business are less likely to travel for business or leisure during the next six months. Just one in four travellers expects to attend an off-site business meeting or conference during the next six months.
- Early indications reveal that younger adults will be the first to travel again as evidenced by their intent to engage in almost every type of travel-related activity during the next six months.
This survey is conducted bi-weekly, beginning 27 March, 2020, among 1,200 US residents who have taken an overnight trip for either business or leisure in the past 12 months.
Wave II of the survey was conducted 4-11 April, 2020.
For the full report, visit here
- As airlines around the world struggle to survive and Sir Richard Branson’s pleas for government support for the Virgin Australia brand there falling on deaf ears, flag-carrier Air Mauritius has followed it into voluntary administration after what it termed “a complete erosion of the company’s revenue base” due to the coronavirus epidemic. The airline had, however, already been suffering “financial difficulties” pre-pandemic which has likely exacerbated the situation. Virgin Airlines, according to reports quoting the administrators, had debts of $6.8bn and had 12,000 creditors.