We're living in uncertain times due to the pandemic, and that means more flexible especially when we travel.
One change that may be permanent is that people are more open to unconventional travel opportunities -- as well as challenges -- when they book their vacations.
Airbnb CEO Brian Chesky explained at Skift Global Forum 2021 that before the pandemic, working, living and traveling had to be three separate activities. But with remote work now more accepted, it can be one and the same.
"This revolution really is about flexibility," Chesky said. "Suddenly, you can live anywhere, you can work anywhere."
It also means travelers are moving from being strict and rigid to being more malleable. A recent Expedia survey showed that half of global travel searches this summer were for 21 days or less. Airlines are also more open to giving refunds with cancellations, even for the cheapest tickets. Travelers, especially those looking for high-end luxury vacations, are simultaneously planning trips to ensure they go on one, a phenomenon known as "travel stacking."
https://skift.com/2021/09/15/new-research-5-trends-from-travels-2021-summer-surge/
"Flexibility is going to be huge in terms of how travel companies spur demand and then put consumer confidence back," Ali told Cheddar.
Voyager Ventures founding partners Sarah Sclarsic and Sierra Peterson discuss how they choose products and companies to invest in, and why there’s such high demand for sustainable tech.
Karl Farmer, Vice President and Portfolio Managers at Rockland Trust Bank, breaks down why inflation and interest rates may stick at these levels, and why Bitcoin still carries some risks.
If you wince at the grocery store checkout, you’re not alone. Wall Street Journal reporter Jesse Newman breaks down why prices are so high – and not going down anytime soon.
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
