U.S., U.K, Switzerland, Spain and Netherlands top the list of most visited destinations
Cruises, buses and trains see strong spending rebound in 2022 as Covid restrictions loosen
After a turbulent two years, new research from the Mastercard Economics Institute reveals that global leisure and business flight bookings have surpassed pre-pandemic levels, while spending on cruise lines, buses and trains saw sharp improvements this year. Released today, Travel 2022: Trends and Transitions delivers critical insights across 37 markets about the global state of travel in a post-vaccine and less restricted chapter of the pandemic era.
Importantly, according to the Mastercard Economics Institute analysis, if flight booking trends continue at the current pace, an estimated 1.5 billion more passengers globally will fly in 2022 compared to last year. Drawing on a unique analysis of publicly available travel data, as well as aggregated and anonymized sales activity in the Mastercard network, the report dives into key elements of the traveler journey. Key findings through April 2022 include: