Even the most bullish investors in the travel sector have been surprised by the hunger for flight and accommodation bookings since the pandemic forced global borders shut and sent the industry into a tailspin in early 2020.
Coming out of the most challenging period in tourism’s history straight into a demand boom complicated by staff shortages and lingering travel restrictions, the surviving industry players have seen a stunning reversal in fortunes during 2023.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
