Global Recovery Cools as Anxieties Heat Up: New Skift Travel Health Index
Skift Take
Economic worries might be catching up with the travel industry, but just in time China is starting to show signs of life.
Travel’s performance dropped in November from 84 to 81 points, according to Skift Research's latest analysis in the Skift Travel Health Index: November 2022 Highlights report.
This means that travel’s performance is 19 percent below 2019 levels. This is now the second month in a row that we are seeing performance decline, amidst persistent high inflation, worries about a 2023 recession, and continued high prices for travel products.
Only two countries showed growth over the past month: Brazil and Thailand. Brazil’s incoming president Lula da Silva’s more outward-looking position might have boosted Brazil’s attractiveness.
