Source: Sina Finance
Global leisure travel has returned to 2019 levels for the first time since the COVID-19 pandemic, according to a report released by the MasterCard Institute for Economic Research. Since the beginning of the year, the average global airfare has risen by 18%.
“If flight bookings continue to grow at the current rate, global passenger numbers are expected to increase by 1.5 billion in 2022 compared to last year, with the largest increase in Europe at around 550 million,” the report said.
Compared with the same period in 2019, short- and medium-haul flights increased by 25% and 27% respectively in April. At the start of the year, long-haul travel was still 75% below pre-pandemic levels, rebounding to just 7% below 2019 levels by the end of April. Passenger rail is also close, and buses have returned to pre-pandemic levels. Cruise spending was down 75% from its 2019 peak at the start of the year and is now just 10% away from a full recovery.
Visitors spent 72% more on nightclubs and bars than in 2019, 31% more on restaurants and 35% more on other entertainment such as museums, concerts and amusement parks, the report said. In contrast, tourist spending on retail goods such as clothing and cosmetics fell.
The report found that the most popular international destination for travelers from North America in March was Mexico, and the most popular destination for travelers from Europe, the Middle East and Africa was the United Kingdom. The United States is the top destination for travelers from Latin America, the Caribbean and Asia Pacific.
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