Global travel outlook: highlights & risks – June 2021
Successful vaccine rollouts continue to improve the upside potential for global travel following a depressing start to the year. Advanced vaccination rates have increased the possibility for countries to maintain low coronavirus cases, ease domestic restrictions and be able to start a gradual lifting of international restrictions.
Our latest forecast update reveals that domestic travel will outpace international travel again in 2021, remaining only 12% below 2019 levels, with a full recovery expected in 2022. Global international arrivals are to remain 59% below pre-crisis levels, with restrictions being eased very tentatively on average and traveller confidence taking longer to fully recover.
Download this 10-page report to the find out latest global macroeconomic forecasts, and the travel and tourism outlook for Europe, America, Asia Pacific, Middle East and Africa.
Tags:
Related Services
Post
Relative return index signals improving CRE attractiveness
Our latest global relative return index (RRI) signals that risk-adjusted investment opportunities in commercial real estate (CRE) should start to emerge this year before becoming more widespread in 2025. At this point, our baseline expected returns move higher than required returns, pushing the global all-property index above the 50 mark.
Find Out More
Post
South Africa: Elections 2024 | ‘ANC & friends’ election scenario
This Research Briefing sets out the first of four scenarios for South Africa's general election on May 29. In this scenario, the ANC wins over 46% of the vote share at the national level, and forms a government by working with small, constituency-based parties.
Find Out More