Reported 2 days ago
In a recent discussion, Priceline CEO Brett Keller highlighted positive job growth and wage increases, suggesting a robust consumer appetite for travel. He noted that while the travel sector remained strong throughout summer, upcoming shifts in the airline market could lead to higher flight prices due to reduced capacity. In contrast, the hotel sector is expected to stabilize with more inventory becoming available, potentially keeping accommodation prices steady during the fall season.
Source: YAHOO