2020 saw the lowest amount of travel in recent history with flights, hotels and vacations cancelled or pushed forward. People have been locked up for the most part of 2020 and 2021 is expected to be the year of travel.
So what does this mean for you?
We have two words: Book Now. You may find a little hesitation in those two words but the travel industry is about to explode.
There are a lot less flight routes available. There are airlines which have went under and hotels that are closed and this means a lot less inventory. And with a lot more demand the simple law of supply and demand comes into play. Prices are about to jump, considerably.
"We see a full recovery in the first quarter of 2021," says James Ferrara, president of InteleTravel, a travel agency. "We measure actual future bookings, which have been very strong."
"We are seeing bookings for 2021 like we have never seen before," says a representative with Hotels.com
Many things point to a very rapid recovery for the travel industry because of all the lost wanderlust in 2020. People have acquired years of travel vouchers as well and these will need to be used before they expire. This also places more demand on already limited supply.
US and Canadian Travelers Planning More Travel
US and Canadian travelers plan to take more leisure trips in 2021 than they did in 2019 or 2020, according to a survey by GetYourGuide, a booking platform that offers really cool experiences.
There is More Confidence In Travel
39% of travelers feel very confident in travel in 2021. 44% said they are somewhat confident and only 3% said they are not confident in travel in 2021.
Domestic Will Be Travel Is Strong
In 2020 only 16% of travelers actually wanted to travel in the US and Canada. In 2021 the percentage has raised to 47%. This means more road trips, domestic flights and hotel bookings.
Early 2021 Looks Strong
There is major activity in travel intent, especially in early 2021 with skyscanner reporting a 360% increase in traffic for searches and bookings on flights.
Bucket Lists Fulfilled
People don't want to experience 2020 again and are looking to take those bucket list ideas in 2021 "It is definitely shaping up to be a year for make-up vacations," says Aanchal Gandhi, Ovation Travel Group's vice president for West Coast leisure and independent advisors. "Our clients are already planning extensive bucket list trips."
If you are ready to start your search for a perfect vacation in 2021, start by checking out our Best Travel Deals Page.