This is what happens when you have a competent government. Vaccines unleash pent-up demand. The US is entering a rude travel boom. Mobility is surging:
Free at last. Thank god almighty
Credit card spending on travel is surging:
Boosted by stimulus:
TSA numbers are climbing fast:
Reaching takeoff!
My base case is that US travel overshoots this year and next as family, recreational and business (think conventions etc) surge back with pent-up demand. Long term, though, I expect a lower travel profile for business especially as structural changes to online habits persist.
That’s what happens when you use vaccines to turn COVID-19 into a nasty cold:
As opposed to huddling under the doona while being lied to by the inept Morrison Government:
Ain’t no travel ‘ere.
The rebound is coming here too but tens of billions of dollars later than it should have.
