Summer Holiday Costs Get Cracking-alerts a Travel Specialist.
Chief executive of Booking.com, Mr.Glenn Fogel says that the travel prices are escalating due to the repressed demand and fewer flights available. Aviation analyst, John Grant further declared that the airfares will have a quantum leap due to the eased travel curtailments. However, the Managing Director of TIU for the UK and Ireland stated that their prices will most probably remain flat over the year.
Mr.Fogel also conveyed his idea on the confusing systems about how different people from different governments and organizations are accepting the different medications and said that the lack of clarification has caused a major disturbance to the travel industry which has been greatly affected by the current global situation. He further stated that a single system would be a great help when accepting passengers to the countries.
According to the World Health Organization, they believe that only the passengers who have received the vaccine are allowed to travel and the UK equality watchdog predicts that this could cause an overwhelming dualistic society. But Mr.Fogel contradicted this idea saying that it doesn’t make a lot of sense to him saying that it is fine to use technology to prove the safety of an individual so that it can boost the travel industry faster.
Mr.Fogel also expressed his ideas on how the downfall of the global economy has affected Booking Holdings, Kayak, and Rentalcars.com. He said that the investors are yet hopeful thinking that things will get better despite the financial; crisis they are facing.