Tracking The Shift
Despite the travel industry’s challenges, Bricklin Dwyer, chief economist for Mastercard, tells Canadian Travel Press this week, there are a few trends that have emerged that mirror broader consumer spending – in particular the shift to a smaller radius as consumers travel and spend closer to home.
And Dwyer adds that “right now, our focus should be on how travel behaviours are pivoting, what consumer demands are evolving and how we can support the needs of all players in travel to map out a new future for the industry.”
For the full story, check out this week’s issue of Canadian Travel Press.