Although business travel has made significant progress in its recovery in recent months, it’s uncertain if and when it will fully rebound from the pandemic.
25.08.2023 - 14:04 / skift.com
Attila Knott has an empty dental hospital in Hungary.
The foreigners with bad teeth he was counting on never arrived, deterred first by Covid-19 and now by a cost-of-living crisis that has left the medical tourism industry struggling to recover even after the lifting of pandemic travel restrictions.
“People are more cautious,” Knott told Reuters, staring at the empty building across the street from his existing Kreativ Dental clinic. “They think twice about spending big money all at once on something like dental treatment.”
The businessman had aimed to open the new facility in March 2020 to serve more patients seeking procedures in Hungary for a cheaper price than at home.
Now, with patient numbers having halved from around 600 a month before Covid struck, he is thinking of branching out into colonoscopies and knee replacements.
For years, travelling abroad to clinics in countries like Hungary and Turkey has been an option for British and North American patients who face long waits, high costs or both for dental and medical procedures at home.
Operators had hoped for a rapid bounce back after curbs on travel were lifted.
But inflation fuelled by soaring energy and food prices since the Ukraine war started a year ago has left people with little money to spare, especially for cosmetic procedures.
In Hungary, which borders Ukraine, the war itself is making foreigners wary, Knott said.
Rising air fares and fewer flights — and the memory of last summer’s travel chaos — are also putting off would-be patients, clinic operators and analysts told Reuters.
For some trips, like those to Turkey, airline tickets can be twice what they were in 2019, according to WeCure, which specialises in medical tourism to large hubs like Turkey from countries like Britain.
WeCure said flights, ground transfers and petrol now accounted for about 15 percent of the cost of its travel and treatment packages, roughly double their proportion pre-Covid, putting upward pressure on overall prices.
Some clinics, facing their own higher costs, have hiked charges. A hip or knee replacement at Nordorthopaedics in Lithuania is about 15 percent more expensive now than five years ago, the clinic told Reuters.
“There will be some trade-offs (for customers),” WeCure’s CEO Emre Atceken said. “Instead of having a hair transplant. I’d rather pay my gas bills. I would rather pay my electric bills,”
To encourage clients, some clinic operators are offering pay-as-you-go options, while crowdfunding has sprung up as another source of support.
Atceken said WeCure is offering some customers payment in instalments to stretch out the cost.
Lyfboat, an Indian company providing medical services for foreign patients, told Reuters it has collaborated with a
Although business travel has made significant progress in its recovery in recent months, it’s uncertain if and when it will fully rebound from the pandemic.
International travelers spent $18 billion on travel to, and within the U.S. in July., down by $1.5 billion from its pre-pandemic level, according to the National Travel and Tourism Office’s latest data. Spending on strictly goods and services like recreation, lodging and food totaled $9.7 billion in July 2023.
Destination DC will spend nearly $20 million on marketing in an upcoming advertising campaign as the city deals with a slow travel recovery.
In addition to booming tourism numbers worldwide, travelers this summer have experienced scorching temperatures. That blistering heat has made travel difficult and could potentially create chronic health problems.
Americans want savvy pricing regarding their travel experiences in the new year, as they keep an open mind about the type of things they plan to book.
There’s nothing quite like a surprise travel gift — and U.S. travelers are ready for it.
Travel is picking up in the U.S. In December, 55 percent of Americans traveled, 10 percentage points higher than the same time last year. However, the number of respondents who travelled decreased by 2 percentage points in December compared to September indicative of typical seasonality in travel with the winter season commencing.
Corporate travel at global giant Tata Consultancy Services is on track to return to 2019 levels, despite predictions that the professional services sector would never recover due to company pledges to reduce carbon footprints.
India is projected to surpass China as the world’s most populous country later this year, as China begins to decline and India’s population growth shows no sign of slowing until 2064. That shift carries huge implications for travel across the globe, and has the potential to rewire the race for attracting global tourists around the world. Skift addressed this in its Megatrends 2023 package in the story India Becoming the New China in the Reordering of Asia Travel.
Global airports expect smoother travel this summer as staffing improves, but surging passenger demand during peak periods in Europe and North America could still bring long lines, baggage piles and delayed flights, an industry group said.
Hotel booking startup, Safara, is hoping to use curated lists and invite-only memberships to meet the high expectations of millennials and Gen Z travelers.
Americans traveling abroad spent over $15.8 billion on travel to, and tourism-related activities within, other countries in January, more than any single month prior to the pandemic, according to the National Travel and Tourism Office.