The travel industry is poised to bounce back after undergoing a black swan event in 2020. The pandemic had posed to be an existential threat for many smaller travel businesses. However, there is hope now as vaccination drives around the world are gathering momentum. Governments are also opening up their countries to travelers who have been fully vaccinated. Quarantine rules are being eased, indicating pent-up demand in the travel and tourism sector. Countries with high vaccination rates have…

The travel industry is poised to bounce back after undergoing a black swan event in 2020. The pandemic had posed to be an existential threat for many smaller travel businesses. However, there is hope now as vaccination drives around the world are gathering momentum. Governments are also opening up their countries to travelers who have been fully vaccinated. Quarantine rules are being eased, indicating pent-up demand in the travel and tourism sector. Countries with high vaccination rates have…