Cardlytics Data Analysis Predicts Recovery Signs For Travel Industry

Cardlytics | July 06, 2020

Cardlytics Data Analysis Predicts Recovery Signs For Travel Industry
Travel has been devastated by the ongoing coronavirus outbreak, but new data shows signs of recovery in most sectors of the industry. According to analytics platform Cardlytics, consumers have been spending more in recent weeks as states reopen, with travel agencies jumping from a 93-percent decline year-over-year in April to just a 68-percent drop in early June.

Spotlight

Virtually every sector has been impacted by the growth of digital platforms and the shift to mobile device use. But the hospitality and travel sector has been one of the most significantly impacted, due to major shifts in how people research, plan, and subsequently purchase their travel-related needs.

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Spotlight

Virtually every sector has been impacted by the growth of digital platforms and the shift to mobile device use. But the hospitality and travel sector has been one of the most significantly impacted, due to major shifts in how people research, plan, and subsequently purchase their travel-related needs.