Travel is Back: Trends and Investment Opportunities
A Call Featuring Joan Khoury, Managing Director and Chief Marketing Officer, talks with Roopak Pati, Managing Director and Head of Travel Technology Investment Banking
In this episode, "Travel is Back: Trends and Investment Opportunities," Joan Khoury, Managing Director and Chief Marketing Officer, talks with Roopak Pati, Managing Director and Head of Travel Technology Investment Banking about the travel status in the endemic environment. While we may have the green light to explore the world, we still face headwinds: Inflation, geopolitical uncertainties, and the lingering effects of the pandemic.
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Episode Highlights Include:
What Looks Good in Travel Trends:
According to Roopak Pati, Managing Director and Head of Travel Technology Investment Banking at Oppenheimer, "Everything is looking great going into this summer. There's a very high degree of optimism." Pati attributes this sentiment to positive trends in vacation rentals, cruises, and airplane travel.
Hotel Landscape
The average daily rate for U.S. hotels has been above any point since January 2020.
Cruise Ships
There are all kinds of estimates of a hundred percent utilization of ships from many of the prominent players.
Flight Travel
U.S. flight levels are just 5% down compared to 2019 and European flight levels are 15% down compared to 2019
About Our Guest
Roopak Pati is an investment banker helping digital travel companies access the capital markets. Earlier in his career, he worked on the client-side in corporate development as many travel tech platforms came into existence. Additionally, to understand the work-life travel trend, Roopak lived in about 25 different places in California during 12 months of the pandemic.
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