BU Podcast: What Is the Future of Travel in 2022?

Takeaways

• Makarand Mody says that “pent-up demand is going to lead to a strong year for the [travel] industry.”
• From 2008 to 2020, the travel and tourism industry experienced a period of immense growth. But the pandemic put some things into perspective, highlighting the need for resiliency in the wake of crises.
• Many feel comfortable being around others again, so Mody predicts the traditional hospitality industry, such as hotels, will flourish in the coming year, as people seek social connection and grow weary of flexcations.