{"id":121108,"date":"2023-11-07T23:29:09","date_gmt":"2023-11-07T23:29:09","guid":{"rendered":"https:\/\/cottontailsonline.com\/?p=121108"},"modified":"2023-11-07T23:29:09","modified_gmt":"2023-11-07T23:29:09","slug":"will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending","status":"publish","type":"post","link":"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/","title":{"rendered":"Will there be a travel recession, and what today&#39;s economic trends mean for travel spending"},"content":{"rendered":"<p><img decoding=\"async\"  alt=\"Clockwise from top: News editor Johanna Jainchill, MMGY chairman Clayton Reid and managing editor\/host Rebecca Tobin on an episode to talk about recession and how economic trends will impact travel spending.\"  title=\"Clockwise from top: News editor Johanna Jainchill, MMGY chairman Clayton Reid and managing editor\/host Rebecca Tobin on an episode to talk about recession and how economic trends will impact travel spending.\"   src=\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/TW\/ik-seo\/uploadedImages\/Art\/2023\/1113\/T1113FOLO_RECESSION_HR\/Clockwise-from-top-News-editor-Johanna-Jainchill-M.jpg\" srcset =\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/TW\/ik-seo\/uploadedImages\/Art\/2023\/1113\/T1113FOLO_RECESSION_HR\/Clockwise-from-top-News-editor-Johanna-Jainchill-M.jpg\" sizes =\"(min-width: 1230px) 780px, (min-width: 992px) 600px, 780px\" class=\"img-responsive img-fullwidth\" \/><\/p>\n<p>\n<b>Subscribe now using your favorite service:<\/b><\/p>\n<p>\n<img decoding=\"async\" src=\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/TW\/uploadedImages\/Podcasts\/CruiseWorld\/spotify_podcasts-bug.png?width=48&#038;scale=both&#038;mode=crop\" border=\"0\" style=\"padding-right:3px\"><br \/>\n<img decoding=\"async\" src=\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/TW\/uploadedImages\/Podcasts\/CruiseWorld\/apple_podcasts-bug.png?width=48&#038;scale=both&#038;mode=crop\" border=\"0\" style=\"padding-right:3px\"><br \/>\n<img decoding=\"async\" src=\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/TW\/uploadedImages\/Podcasts\/CruiseWorld\/stitcher_podcasts-bug.png?width=48&#038;scale=both&#038;mode=crop\" border=\"0\"><br \/>\n<img decoding=\"async\" src=\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/TW\/uploadedImages\/Podcasts\/CruiseWorld\/Google_podcast.png?width=48&#038;scale=both&#038;mode=crop\" border=\"0\" style=\"padding-right:3px\"><br \/>\n<img decoding=\"async\" src=\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/TW\/uploadedImages\/Podcasts\/CruiseWorld\/rss.png?width=53&#038;scale=both&#038;mode=crop\" border=\"0\" style=\"padding-right:3px;width:40px\"><br \/>\n<\/br><\/br>\n<\/p>\n<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/omny.fm\/shows\/the-folo-by-travel-weekly\/will-there-be-a-recession-in-travel\/embed\" allow=\"autoplay; clipboard-write\" width=\"100%\" height=\"180\" frameborder=\"0\" title=\"Will there be a recession in travel?\"><\/iframe><\/p>\n<\/p>\n<p>With all this will-there, won&#8217;t-there talk about recession, it&#8217;s reasonable to wonder whether there will be a contraction in travel and what form might it take.<\/p>\n<p>In this episode, news editor Johanna Jainchill and MMGY executive chairman Clayton Reid talk with host Rebecca Tobin about the changes we&#8217;re seeing in travel buying and spending patterns now that the initial &#8220;revenge travel&#8221; period is over. As leisure spending seems to be easing, corporate travel seems to be gaining. Also: Which socioeconomic and demographic groups are continuing to spend? What does high prices mean for groups like family travel? And What about older travelers, high net-worth individuals and cruising?<\/p>\n<h2>Episode sponsor:<\/h2>\n<p>This episode is sponsored by ALG Vacations<\/p>\n<h2>Related links:<\/h2>\n<p>Is travel recession-proof &#8211; this time?<\/p>\n<p>Economic concerns aren&#8217;t impacting corporate travel budgets in 2024 and beyond (via Business Travel News)<\/p>\n<p>Family travel demand appears to be cooling<\/p>\n<h2>Previous podcasts:<\/h2>\n<p>From earlier this year: Travel demand and adjustments in traveler behavior<\/p>\n<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/omny.fm\/shows\/the-folo-by-travel-weekly\/travel-and-pent-up-demand-why-dont-people-stop-tra\/embed\" allow=\"autoplay; clipboard-write\" width=\"100%\" height=\"180\" frameborder=\"0\" title=\"Travel and pent-up demand: Why don't people stop traveling?\"><\/iframe><\/p>\n<\/p>\n<p>The sports-travel episode<\/p>\n<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/omny.fm\/shows\/the-folo-by-travel-weekly\/traveling-for-march-madness-and-other-sports\/embed\" allow=\"autoplay; clipboard-write\" width=\"100%\" height=\"180\" frameborder=\"0\" title=\"March Madness travel -- and how big is sports travel today?\"><\/iframe><\/p>\n<\/p>\n<p>Source: <a href=\"https:\/\/www.travelweekly.com\/Podcasts\/Folo\/Will-there-be-a-travel-recession\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Subscribe now using your favorite service: With all this will-there, won&#8217;t-there talk about recession, it&#8217;s reasonable to wonder whether there will be a contraction in travel and what form might<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will there be a travel recession, and what today&#039;s economic trends mean for travel spending - cottontailsonline.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will there be a travel recession, and what today&#039;s economic trends mean for travel spending - cottontailsonline.com\" \/>\n<meta property=\"og:description\" content=\"Subscribe now using your favorite service: With all this will-there, won&#8217;t-there talk about recession, it&#8217;s reasonable to wonder whether there will be a contraction in travel and what form might\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/\" \/>\n<meta property=\"og:site_name\" content=\"cottontailsonline.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-07T23:29:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/TW\/ik-seo\/uploadedImages\/Art\/2023\/1113\/T1113FOLO_RECESSION_HR\/Clockwise-from-top-News-editor-Johanna-Jainchill-M.jpg\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/\",\"url\":\"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/\",\"name\":\"Will there be a travel recession, and what today&#39;s economic trends mean for travel spending - cottontailsonline.com\",\"isPartOf\":{\"@id\":\"https:\/\/cottontailsonline.com\/#website\"},\"datePublished\":\"2023-11-07T23:29:09+00:00\",\"dateModified\":\"2023-11-07T23:29:09+00:00\",\"author\":{\"@id\":\"https:\/\/cottontailsonline.com\/#\/schema\/person\/0f97729ba4f6c2af46dd5d5a27032cc9\"},\"breadcrumb\":{\"@id\":\"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cottontailsonline.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Travel\",\"item\":\"https:\/\/cottontailsonline.com\/category\/travel\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Will there be a travel recession, and what today&#39;s economic trends mean for travel spending\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cottontailsonline.com\/#website\",\"url\":\"https:\/\/cottontailsonline.com\/\",\"name\":\"cottontailsonline.com\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cottontailsonline.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cottontailsonline.com\/#\/schema\/person\/0f97729ba4f6c2af46dd5d5a27032cc9\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cottontailsonline.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a7b02be8288a0edbb9764901ae6050dc?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a7b02be8288a0edbb9764901ae6050dc?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Will there be a travel recession, and what today&#39;s economic trends mean for travel spending - cottontailsonline.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/","og_locale":"en_US","og_type":"article","og_title":"Will there be a travel recession, and what today&#39;s economic trends mean for travel spending - cottontailsonline.com","og_description":"Subscribe now using your favorite service: With all this will-there, won&#8217;t-there talk about recession, it&#8217;s reasonable to wonder whether there will be a contraction in travel and what form might","og_url":"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/","og_site_name":"cottontailsonline.com","article_published_time":"2023-11-07T23:29:09+00:00","og_image":[{"url":"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/TW\/ik-seo\/uploadedImages\/Art\/2023\/1113\/T1113FOLO_RECESSION_HR\/Clockwise-from-top-News-editor-Johanna-Jainchill-M.jpg"}],"author":"mediabest","twitter_card":"summary_large_image","twitter_misc":{"Written by":"mediabest","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/","url":"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/","name":"Will there be a travel recession, and what today&#39;s economic trends mean for travel spending - cottontailsonline.com","isPartOf":{"@id":"https:\/\/cottontailsonline.com\/#website"},"datePublished":"2023-11-07T23:29:09+00:00","dateModified":"2023-11-07T23:29:09+00:00","author":{"@id":"https:\/\/cottontailsonline.com\/#\/schema\/person\/0f97729ba4f6c2af46dd5d5a27032cc9"},"breadcrumb":{"@id":"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cottontailsonline.com\/travel\/will-there-be-a-travel-recession-and-what-todays-economic-trends-mean-for-travel-spending\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cottontailsonline.com\/"},{"@type":"ListItem","position":2,"name":"Travel","item":"https:\/\/cottontailsonline.com\/category\/travel\/"},{"@type":"ListItem","position":3,"name":"Will there be a travel recession, and what today&#39;s economic trends mean for travel spending"}]},{"@type":"WebSite","@id":"https:\/\/cottontailsonline.com\/#website","url":"https:\/\/cottontailsonline.com\/","name":"cottontailsonline.com","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cottontailsonline.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cottontailsonline.com\/#\/schema\/person\/0f97729ba4f6c2af46dd5d5a27032cc9","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cottontailsonline.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a7b02be8288a0edbb9764901ae6050dc?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a7b02be8288a0edbb9764901ae6050dc?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/cottontailsonline.com\/wp-json\/wp\/v2\/posts\/121108"}],"collection":[{"href":"https:\/\/cottontailsonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cottontailsonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cottontailsonline.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cottontailsonline.com\/wp-json\/wp\/v2\/comments?post=121108"}],"version-history":[{"count":1,"href":"https:\/\/cottontailsonline.com\/wp-json\/wp\/v2\/posts\/121108\/revisions"}],"predecessor-version":[{"id":121109,"href":"https:\/\/cottontailsonline.com\/wp-json\/wp\/v2\/posts\/121108\/revisions\/121109"}],"wp:attachment":[{"href":"https:\/\/cottontailsonline.com\/wp-json\/wp\/v2\/media?parent=121108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cottontailsonline.com\/wp-json\/wp\/v2\/categories?post=121108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cottontailsonline.com\/wp-json\/wp\/v2\/tags?post=121108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}