Covid Dashboard
Travel Data
Updated Daily
Adventure is out there. But, it has to wait.
The tourism industry accounts for 10% of global GDP - and now, as the data shows, is in serious trouble. Travel has been amongst the hardest-hit industries globally. With countries directing a shelter-in-place order, airlines have grounded their fleets and have started optimizing staff cost. Hotels are following the suite by closing down temporarily across locations.

Its not just hotels and airlines, Online Travel Agents, Vacation Rental platforms aren’t immune either. The sudden shutdown and uncertainty on future travel has potentially put in 50M jobs at risk. Slowdown in such a major industry can have a cascading impact on the entire economy. So, it is of utmost importance to track the health of this sector closely.

“The impact on travel is six or seven times greater than the 9/11 attacks...”
Roger Dow, president and CEO of the U.S. Travel Association
Within 2 months of lockdown, Airbnb's website traffic fell by ~75%
Impact on US Airlines
The number of passengers, according to the Transportation Security Administration (TSA), fell to a record low. In April 2020, on average, only 109K people traveled daily, compared to 2.3M during the same period last year, a drop of 95% YoY!
US Passengers over time
% decline in number of US Passengers
Accommodation & OTAs
Within 2 months of lockdown, website traffic to Booking.com, Airbnb, and Expedia fell by 69%, 74%, and 75% respectively. It is very uncertain when things are going to be normal again. And, it seems like companies are aware of this and are already making necessary preparations for a long winter. Booking Holdings which has around $7.3 billion in cash has strengthened itself by issuing notes worth $4B, ensuring its survival till 2022 at least.

Airbnb, in spite of having $2B in the bank, has raised another $2B in debt. The company's administrative costs were around $175 million in Q3 2019 and, at constant cost, this comes out to be $700M each year. Even at $0 revenue, Airbnb has enough cash to survive the virus.

It's not just Airbnb, but also companies built on Airbnb's marketplaces are preparing for a tough time. Sonder, Vacasa, Domio have already laid off around 10% of their headcount.

Daily Website Traffic per million
Employee Count
Comparison with 9/11
9/11 had a significant impact on the airline industry and it took ~2.5 years to reach pre-9/11 levels. The number of passengers in September 2001 fell by 30%. COVID-19's impact has been much sharper as the number of passengers dropped by more than 90%. Also, during 9/11, the recovery was, for the most part, a V-shaped one but, COVID-19 combined with the induced (and pending) recession, is going to make the recovery to pre-COVID levels difficult.
Passenger Capacity
Number of Passengers
Impact on Cruise Lines
Within 2 months of lockdown, website traffic to Carnival, one of the top cruise lines, fell by ~60% and according to JP Morgan, it looks like it is going to stay low for quite some time.
Europe number of Flights trend
Now that some parts of Europe are planning to end the lockdown, it would be interesting to track how much time the economy takes to open up. One of the indicators for this is the number of scheduled flights in Europe. In April, the number of flights on average fell by 88% compared to the previous year.
No of Flights
% change in number of Flights
Travel around the world
OTAs across the world are having a tough time. Website traffic to major online travel agents has decreased by more than 80%
Enterprise companies such as Sabre, Amadeus, and RateGain have been terribly impacted as well. In fact, during the stock market crash, Sabre's market capitalization fell by 85% and its revenue consensus for Q1 2020 has been decreased by ~40%. Interestingly, some of the early-stage startups - Airblack and Dib Travel that recently raised funding ended up increasing their headcount in March. Log in now to dig deeper.
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