M.M.G.Y. report sheds light on Travel Trends for 2021

By Bronson Jayamanna

Kansas, U.S.A. (C.W.B.N.)_ Travel projections for 2021 demonstrate how, in both positive and negative aspects, the pandemic has and will continue to change the market. During the coronavirus epidemic, travel marketing company M.M.G.Y. Global polled passengers, showing how and where Americans were flying throughout this year. C.E.O. Clayton Reid has some projections about what travel in 2021 will look like as December draws to a close, with excitement for vaccination and pent-up demand stirring on the surface as the year comes to an end.

Reid claims that as travelling limits are abolished, the pent-up need for travel and an urge to rejoice having become vaccinated would contribute to a trend in “vaxications,” a phrase coined by M.M.G.Y. Travellers would possibly need to provide confirmation of their vaccinations and should be willing to do so. In order to fly or access such venues, it is possible that international passengers or anyone travelling to attend a specific business or special occasions would need to make their documents available. M.M.G.Y. points out that, among business executives and policymakers around the world, this is presently a prevalent issue.  Latest polling by M.M.G.Y. Global shows that half of the American travellers claim they’re going to have the vaccination as quickly as possible, 40 per cent are going to wait to see if it’s safe, while 9 per cent say they won’t be participating in the vaccination process.

In 2021, road trips will remain popular. This year, they were the most common mode of travel, and with many travellers driving to beach and mountain resorts to escape in socially distant ways, that will continue into the next. Reid predicts this development to continue as the mixture of the convenience and protection of automobile travel and the opportunity to travel outside easily to be an easy choice for the comfort levels of vacationers.

Reid said travellers could expect aircraft to be left on the field by Q1 2021 to help raise tariffs and minimise prices, with an emphasis on narrower path charts, non-traditional operating trends and leisure-driven events before market demand returns. He also believes that until the corporate community sees normalcy, the intent to pick up will rise significantly in Q2 as foreign traffic will overtake domestic recovery on a relative basis.

According to M.M.G.Y., hotels and resorts are now seeing a rebound. In mountain and beach locations and pockets of economical accommodation, recreation resorts today surpass 50 per cent occupancy. Their market presence has also been improved by shared accommodations and rented accommodations. M.M.G.Y. stated that there would be a long path to recovery for city centre and large group hotels.

Cruise ships have so far not sailed yet but are seeing positive trends in the number of bookings. While there will be some decrease in itineraries for 2021, we expect tour operators to fuel demand, M.M.G.Y. said.

M.M.G.Y. Global predicts that business travel demand will occur in 2021. The December data shows that 57% of business travellers expect to take a trip in the next six months. Reid also stated remarks made by the heads of large companies show that there is a deep urge to return to work in person.

M.M.G.Y. wrapped up the report by claiming that tourists are going to opt for more purpose-led trips and to places off the beaten path.