Episode 5 of the ARC TravelConnect Virtual Series brought together data scientists Chuck Thackston of ARC and Rick Seaney of 3Victors to discuss the latest insights from Boston Consulting Group’s Travel Recovery Insights Portal (TRIP). In a discussion hosted by ARC’s Peter Kane, the group discussed what data goes into the platform, along with the trends they’re seeing with domestic and international air travel recovery.
Use the links to skip ahead to specific parts of their discussion, or watch the full video below.
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4:00 – Seaney walks through the COVID-19 TRIP dashboard along with raw airfare search trends in the U.S., Canada and other countries.
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6:10 – Where the week-over-week data is showing green shoots in recovery by city, state and country, as well as the areas that are struggling, such as long-haul flights.
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11:35 – Thackston discusses ticket purchasing data within TRIP and macro recovery trends globally; good signs for holiday travel and anticipated growth areas.
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13:10 – Recovery is still happening slowly and gradually, with volatility appearing on a day-to-day level.
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14:20 – A look at U.S.-specific recovery, with October showing a 25% increase in ticket sales compared to mid-September.
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15:45 – Domestic vs. international travel recovery in China; domestically, it has almost reached back to 2019 levels, while international travel remains significantly depressed.
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17:00 – The performance of short-haul traffic in the U.S., metrics by geography, and why leisure travel recovery is outpacing corporate.
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19:18 – What measures are consumers concerned with the most, and how are airlines addressing those concerns?
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20:40 – Domestic vs. international travel trends on a global level.
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22:05 – Conclusion of the presentation and key takeaways from the current data in TRIP.