Travel industry expected to rebound in 3-4 years

Posted at 7:59 AM, Sep 23, 2020
and last updated 2020-09-23 13:03:46-04

LAS VEGAS (KTNV) — As businesses slowly begin reopening, there's still a lot of questions about the future of the travel industry.

The industry is dealing with safety and economic issues equal to 9/11 and the 2008 recession combined.

Conservative predictions show a full rebound in possibly three to four years.

Hotels, resorts, and airlines are all experiencing a significant drop in numbers.

So until customers feel safe again, mask requirements and other safety protocols are here to stay.

Anyone planning to fly can also expect to see fewer flight options and higher prices as we approach the holidays.