Is 'revenge Travel' Coming To An End?

By Travel Destination 29 Oct, 2023 Post a Comment

Following the end of the Covid-19 pandemic lockdowns, a new trend in vacationing emerged: "revenge travel." While this flavor of wanderlust has no singular definition, NPR describes revenge travel as "a huge increase in people wanting to make up for time and experiences lost to the pandemic."

And revenge travel was clearly hot after the pandemic cooled. The phenomenon first took off in 2021, and "demand continued to soar" in 2022, when "travelers' desire to make up for lost travel experiences helped to largely recover the domestic leisure sector to pre-pandemic levels," according to a 2022 year-in-review report from the U.S. Travel Association.

With the pandemic in the rearview mirror (though infections are still swirling), some industry experts are now saying the era of revenge travel is over. People are still traveling, however — data from the Transportation Security Administration shows that passenger volumes have been up year-over-year almost every day in 2023. So is revenge travel really a thing of the past?

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Is 'revenge travel' really dead?

Yes, "revenge travel is dead," Barron's argued. Over the summer, "airfares dropped both month over month and year over year," and while some wealthier travelers "are still jet-setting internationally, domestic travel has fallen," and many of those still yearning to travel are "willing to trade down to more budget-friendly locations."

After the bucket-list-checking frenzy of the past two years, Barron's added, "binge travel is out; bliss travel — meaningful, relaxing, frictionless trips for everyone who was run ragged by revenge vacations — is in."

Changing travel habits are not the only indicator revenge travel may be on the way out. Many low-cost airlines are having to alter their fares in order to fill seats. Fuel prices, plane capacity and travel demand are "all headed in the wrong direction," Frontier Airlines chief executive Barry Biffle said at an industry conference in September, The Wall Street Journal reported. A group of low-cost carriers, including Frontier, JetBlue and Spirit, "warned that weaker demand in their home territory will weigh on fares and results this fall," The Washington Post reported.

It's not just American travelers, either. A Morning Consult report published in September showed that travel demand was "flatlining or falling" in other countries, "most notably in Europe," CNBC reported. In France and Germany, intentions to travel have dropped 11% and 6%, respectively, since 2022, according to Morning Consult. Interest in traveling is also falling in Canada, Russia, India, South Korea, Italy, Spain and the U.K., the report shows.

Do all industry experts agree with this assessment?

No. More traditional airlines, with international routes and more expensive seating options, are "scratching our heads" at the challenges described by budget carriers, United Airlines CFO Mike Leskinen said in September. United, he said, had "not seen any dramatic change in the bookings."

Delta also said "demand for seats on the airline's planes has remained solid through the fall, led by its high-end seats, for which customers are increasingly willing to pay up," the Journal reported. At the same time, Delta — which is planning a large trans-Atlantic expansion next summer, in a bet on growing international and business travel — has cut its profit projections by 35 to 45 cents per share, citing fuel and other costs.

And the death of revenge travel seen by low-cost carriers seems to be an American phenomenon. European low-cost airlines aren't "following the U.S. pattern of a deceleration in short-haul trips," the Post reported, noting that British budget carrier EasyJet "said recently it was still seeing robust demand."

What's next for the travel industry?

Whatever happens with revenge travel, vacations aren't going away — they're just transitioning. If grand, lavish trips are out, "the travel trend that seems to be gaining strength is travel for wellness," Forbes reported.

In 2020 — a year when most travel slammed to a halt — wellness tourism brought in $436 billion, according to the Global Wellness Institute. And that was a down year for wellness tourism, "the powerful intersection of two large and growing multitrillion-dollar industries: tourism and wellness," the institute said, adding that the industry made around $720 billion in 2019.

If wellness travel seems in healthy shape, revenge travel will probably continue to fade. "The boost purely from pent-up demand may soon run its course," Oxford Economics warned in September, CNBC reported.