U.S. travelers are still hungry to travel, despite the potential of an economic slowdown.
“Demand is strong this summer for international trips as it is the first full summer season with fully open international travel,” Hayley Berg, lead economist at Hopper, a travel booking app, said in an email. Yet these travel patterns differ significantly compared with 2019, despite the end of border restrictions, suggesting that the pandemic may have shifted how — and where — U.S. passengers travel abroad.
Don’t miss: Cash-back credit cards vs. travel-rewards cards: Which one gives you the most bang for your buck?Mexico, for example, saw a boom in U.S. travelers during the pandemic because of its relatively open borders. This trend has continued in 2023, with a 30% increase this April compared with the same month in 2019.
If airlines can provide the missing capacity in the coming months, prices should come down and passenger numbers could rebound even more.
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