Am I the only one who suspects that travel is gonna get real expensive after the pandemic passes?
All the airlines, hotels, cruises and other travel-related services (edit: the ones that survive, that is) will want to make their money back after being basically shut down for months.
In response to: Msg #208219
Things may ultimately end up more expensive but I suspect there will be many deals the first six to eight months as many "average" people will be hesitant to travel.
I suspect it will depend on where. Some countries (especially in Asia) as so concerned about visitors (re)introducing the virus that entry is nearly impossible. Accordingly, transport to and inside those areas has basically shut down and what tickets still exist are prohibitively expensive. Everywhere that allows people to travel freely should be dirt cheap for a while as vendors will be desperate for business. Local restaurants and bars too.
Also, something to consider: The 1918 Spanish flu, which COVID-19 is often compared to, happened in waves. There was a period in the summer when the virus slowed down, and then it came back with a vengeance in the fall. If travel restrictions are relaxed, vendors may want to get as many people as possible in a short period in case it turns out to be temporary. That implies great deals.
In response to: Msg #208232
Thank you for you thoughts. You’ve brought up some great thoughts for all of us to ponder.
Yes there have been comparisons to the Spanish flu.
I think traveling will go cheaper after Covid passes. because all the airline hotels and related services will try to get more travelers So I hope there will be many deals after Corona passes.
I think it won't be more expensive but sometimes even cheaper, if people are afraid to travel after this, companies have to encourage them with great deals and selling their products at more expensive prices will only make people more reticent and they will not be able to gain all the money they lost when they were shutdown
As far as I can see there are many good deals for winter 2020 already but then we might not know if we will be able to travel then if a second wave hits.
But the deals I see posted are better than the deals available exactly one year ago. Airlines will need to rebuild trust and they expect to fly at 70% capacity at a loss. There will be many deals on some routes while popular business routes might get more expensive in the very short term.
The law of supply and demand will continue to dictate prices. If people come flooding back to flying, then prices will be higher. If they are hesitant to fly due to fears of when the next wave hits, then prices will be lower. This law affects all retail.
In response to: Msg #208340
Yes, you are correct. But, if the airlines have to leave the middle seat empty for months they will likely charge a lot more. They are unlikely to give up any of those profits.
JetBlue in the US has just made masks mandatory for all passengers, from the moment they arrive at the airport. It's the right move health wise, but it could discourage people from flights, especially long ones. If that happens, expect capacity to be reduced and tickets to be cheap.
In response to: Msg #208342
If capacity is reduced I would think prices would go up as the airlines won't want to cut their profits. Maybe they will be cheaper in the beginning. I suspect airlines will use this as an excuse to stop serving food and possibly drinks.