This report examines the impact of the COVID-19 pandemic on the travel-related consumer industries in the US, focusing on aviation, tourism, retail, and travel-retail. The study finds that the pandemic has significantly affected people's travel behavior, with short-distance travel becoming more popular. The report also highlights three stages of COVID-19 control measures in the US, including complete entry restrictions, relaxation of policy, and full lifting of entry restrictions. The study concludes that the overall recovery of travel-related consumption in the US is more strongly correlated with the relaxation of travel restrictions, and that the financial indicators and future prospects of relevant listed firms are expected to provide some implications for the post-pandemic recovery outlook of China's travel-related consumer industries.
