One of each five countries has turned to at least 90% of pre-pandemic levels for domestic flight bookings; with Australia surpassing the global average with bookings at 116%.
However, the global travel recovery remains uneven, revealed a study styled “Recovery Insights: Ready for Takeoff?” conducted by Mastercard Economics Institute.
The researchers have looked into key travel trends in the air and on the ground, around the world.
According to the study, after flights were largely grounded and travellers stayed home in 2020, the return to travel has become one of the most anticipated and uncertain activities of 2021.
The report draws on aggregated and anonymized sales activity across the global Mastercard network, along with third-party data sets and proprietary analysis by the Mastercard Economics Institute, to better understand the next phase for travel, its drivers and challenges.
This includes the balance between leisure and business, local and long-distance, and saving and spending. The report also looks at the spending categories seeing an uptick and what they signal for travel recovery.
