Written by Chris Klauda, Senior Director, STR Market Insights
The travel industry will recover from the impact of COVID-19, but the key questions currently are what we do in the meantime as researchers—and when?
With China further along in its recovery process than the rest of the world, we can look east for guidance on when we might see recovery.
Intention to travel unaffected in China survey respondents
On 10 March, approximately two months after Chinese authorities publicly shared the genetic sequence of COVID-19, a survey of our Traveler Panel revealed that half of Chinese international travelers intended to travel more in the next 12 months, compared with the previous 12 months.
This apparent willingness to travel is supported by STR data, which shows occupancy recovery in China.