PORTLAND, Ore–Todd Davidson Executive Director for Travel Oregon the most recent report looking ahead to what vacation time might look like for the state. There’s a lasting impact that occurred because of Covid-19. The downturn in the industry is far greater than anything that was seen during 911 or during the great recession of 2008. Travel Revenue was down 43% in 2021. Room revenue has returned to pre-pandemic levels in the past 7 months.
Summer months are stronger than the state’s Winter months. Consumer wealth is high. Travelers have more money to spend. A full travel recovery is expected in the second half of 2022. Business travel is not expected to rebound until the later part of 2024.