2010 Trends - Travel Recovery or Not?
Travel Insights 100 experts gazed into their crystal balls, and we have predictions on whether or not Travel is headed for a recovery in 2010.
Quotes from our experts:-
We should start to see travel recover. Cruise prices will stay low because of the number of new cruise ships but airline prices will start to rise. - Chris Christensen, Amateur Traveler
For 2010, I see travel continuing on a slow upswing. U.S. travelers will focus more on exploring their own country via road trips. This response is partially due to the increased hassles with air travel plus renewed interest in national parks due to the Ken Burns documentary. Luxury boomer travelers will continue to book cruises and extended trips although they’ll expect good value for money spent. Providers will need to offer the perks and bonuses they did in 2009 to compete for luxury boomer travel money. The internet will continue to play a big role in travel research as well as making travel arrangements, especially. As , more of the population acquires smart phones, travel apps will be a popular download also. - Donna L. Hull, My Itchy Travel Feet
The US economy, declining dollar, and increased promotional spending will see foreign tourism to the United States increase. Until they change how they treat visitors to the country, however, there will be limits on how many people will come. - Gary Arndt, Everything-Everywhere.com
I don’t think the recession is over! I think it is a “reset” more like the one during the industrial revolution, not just a recession & economic problems will continue and will affect travel. More road trips will happen ( if oil prices don’t increase too much) and more people will do extended travel. (This is the area of travel that we watch closely). The increase in people doing extended travel in 2009 was amazing ( affected by Tim Ferriss 4HWW, tech & the economy) and I think that trend will continue (4HWW just released a new edition). As schools deteriorate due to the economy ( 60% of schools will be virtual by the end of the decade) it’ll encourage more families to do extended travel and think about more out-of-the-box solutions like wintering in a warmer climate for much less money or traveling off season etc. Singles, couples and even families will be capable of ultra mobile living and that will affect travel in new ways. By the end of the decade, travel will have a very different look than it does today! - SoulTravelers3
In summary, the consensus seems to be that a Recovery in Travel is on its way, but for now, the recovery is limited to options like roadtrips.