Skift Take
You can't really talk about a global recovery for the travel sector overall. Regions are out of sync, reveals new data from Travelport. Companies are affected differently, depending on their market exposure.
The travel market is splintering three ways: steady recovery, slow recovery, and stalled progress.
While sales in post-lockdown China show a domestic rebound, travel bookings growth remains slow in Europe and appears to be stalling in the U.S., according to data that travel technology company Travelport shared on Wednesday.
The lopsided global recovery is confounding airlines, hotel companies, and travel agencies as they try to recover from their most profound crisis in years. It means that travel companies with sizable business in China or the broader Asia-Pacific region, while still weakened, may be in a better position than others.
After being hit first by the pandemic and the associated slump, China is early to rebound. Shanghai ai