Is travel doing fine??

Experts express opinions that the travel industry needs a lot of time to fully recovery from the consequences of pandemic in summer 2020 - “The effect of the COVID pandemic is costing 1 million jobs a day in the tourism value chain. Mass tourism, however, has vanished and will not return any time soon..."?

Three years later, the current situation looks like this:

• Italy witnessed an estimated 8.6 percent growth in the number of foreign visitors arriving by plane, compared to the same period in 2019.
• The total revenue of the hotel and vacation rentals market in Europe exceeded the 2019 levels by 18%.
• According to Hopper, the airfare from the US to Europe this summer is averaging nearly $1,200 per ticket, the highest prices observed in the last 6 years.