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COVID-19 Pet Resort Website Trends READ MORE

COVID-19 Related Travel Industry Trends

The impact of the COVID-19 pandemic on the travel industry continues to be far-reaching and rapidly evolving. And since pet resorts and the travel industry are inextricably linked, it’s important now more than ever to stay up-to-date on the latest trends.

In an effort to track and interpret current trends in the travel industry, free from political or media bias, we have compiled a collection of reliable data sources that provide an overview of travel patterns and transit methods. These sources include:

  • Transportation Security Administration (TSA) Data for Air Travel
  • Energy Information Agency (EIA) data for Gasoline Retail Supply
  • U.S. Hotel Occupancy Rates

This information will be updated weekly for the foreseeable future. Links to recent news articles are also included below for additional insights into the travel landscape as it evolves.

Transportation Security Administration (TSA) Data for Air Travel

The airline industry has suffered enormous losses due to the shutdown. Passenger revenue for airlines is estimated to decrease by 55% compared to 2019 – or a total of $314 billion – according to the International Air Transport Association.

TSA update

Updated May 26, 2020

Additional analysis from CNBC demonstrates the impact of the coronavirus pandemic on worldwide travel. Many families who decide to travel are choosing to avoid crowds and stay closer to home, although the demand for flights is improving somewhat. Some passengers who have taken flights recently have been surprised by the lack of social distancing measures being enforced by the airlines. The recovery of the airline industry and return to business travel will be important for Pet Resorts, as travelers are less likely to take pets with them in these scenarios vs. family road trips.

US Hotel Occupancy Rates

The Hospitality and Leisure Industry has lost as many jobs as construction, government, manufacturing, retail, education & health services combined over a one-month period, according to the Bureau of Labor & Statistics. And 2020 is projected to be the worst year on record for hotel occupancy, the AHLA reports. 

In order to jumpstart recovery, the hotel industry has established the Safe Stay Initiative to instill confidence for both customers and employees in the cleanliness and safety of participating hotels.

Hotel rates

Updated data will be published when available.

The Points Guy has compiled a round-up of current hotel change and cancellation policies from major hotel chains. Some are more customer-friendly than others and indicate the importance of flexibility in today’s market especially as it applies to our Pet Resort clients.

Energy Information Agency (EIA) data for Gasoline Retail Supply

Gasoline demand has fared better than the airlines since people are still driving around town and some continue their commutes to work. Experts expect 2020 to be the year of the road trip, and RV rentals and sales are seeing record-high numbers. It will be interesting to see how short vacations closer to home affect Pet Resorts' pet boarding occupancy rates.

US Gasoline stats

Updated data will be published when available.

In a recent survey, almost a third of Americans said they are ready to travel this summer, with a majority headed for a state or national park or beach getaway within driving distance. The increase in car travel will likely be less positive for Pet Resorts, as more people can take their pets with them, especially if traveling in RVs or to nearby destinations.

In Summary

As travel restrictions are eased or lifted around the world, new health and safety protocols are implemented, and tourists and business travelers begin to test the waters, organizations across the globe are focused on recovery efforts. As the Secretary-General of the UN’s World Tourism Organization recently stated:

Trust is the new currency” 

For our valued Pet Resort partners, your business is already based on the trust your clients place in you to care for their pets with as much loving attention as they would receive at home. Trust in the coronavirus climate expands that understanding to include increased cleaning measures to protect pets, clients and employees, flexibility when making reservations, and confidence that you will stand ready to serve your community and especially front-line workers. 

Check back often for up-to-date intel for making informed decisions regarding your pet resort business. We will continue to monitor the data and media coverage of travel trends in support of your efforts to serve your community and their beloved pets.