Revenge travel demand shifts with increased fares and inflation affecting European bookings.

Revenge travel demand is shifting towards a more normal pattern, with increased fares, traveler fatigue, and inflation impacting travelers. Airlines and tour operators face a crucial period to fill remaining seats and hotel rooms, with strong demand allowing them to sell at higher prices, but a possible downturn leading to discounts. Europe has seen a decrease in bookings, particularly among budget-conscious families.