Travel demand remains strong but there are some signs of a cool-off in corporate travel. Nevertheless, buyers should not expect the sting to come out of travel prices anytime soon as supply and demand remain out of whack.
According to American Express Company, after domestic U.S. consumer travel surpassed its pre-pandemic level in the first quarter of this year, international consumers and other segments — except Fortune 100-type clients — also are back to a pre-Covid pace. Amex CFO Jeff Campbell said . . .