I've used the term “revenge travel” quite a bit in my public statements over the last year. People were, in fact, waiting to get to travel, and there was a lot of pent-up demand. Then, when the airlines saw all of those vaccination requirements disappear and saw all of the requirements for quarantines disappear, they said, “Well, now people are going to want to travel, so let's just flood the market with flights and see what happens.” Guess what? The flights sold out really quickly. By the time we looked around in March or the beginning of April, the flights for July and August were full. The cat was already out of the bag. I think it was really that everybody was trying to scramble to put people in place to be able to handle that volume of passengers.
