PMI Austin Metro Blog

Airbnb’s Recent IPO Filing Indicates the Travel Industry Has Taken a Massive COVID-19 Hit

With entire countries shutting down in the wake of the COVID-19 pandemic, one of the hardest-hit sectors is the travel industry. People avoided leaving their homes, let alone traveling across states or internationally. This led to many travel businesses seeing historic losse...

Business Travelers Vs. Vacationers & Why Southwest is Positioned to Dominate

According to Skift, business travel is down about 95 percent compared to last year. Most airlines are flying about half the capacity of last year. Airlines are restructuring their destinations and pricing strategies since it is unknown when business travel will fully ...

Cautious Travlers

The pandemic has made it evident to travelers that hotels are not always the best option. Now more than ever individuals are taking their safety into greater consideration. For an underdetermined amount of time, large crowds will be a health hazard. According to Statista, “the...

COVID-19 Pandemic: Hotels Vs. Vacation Rentals

Which will come back faster? We know that vacation rentals (VR) have a higher probability of resurging and sustaining. Individuals are becoming tired of living and working at home. They are beginning to weigh the risks and rewards of traveling. Most are currentl...