Alex Alt, Oracle, Getting Back to Normal Travel?

Rick is joined by Alex Alt of Oracle this week. Oracle is helping Americans travel! In May, 24% of respondents said they planned to travel immediately, and 31% in the next one to three months. The takeaway? 55% are ready to roam in time for Independence Day. Stars, Stripes…and Shots: Over 3/4 (77%) of North American consumers said a COVID-19 vaccination is very or somewhat important in giving them the peace of mind to travel; almost 1/5 (18%) will not get on a plane until they are fully vaccinated. Rentals Reduce Travel Anxiety: 54% of travelers said they plan to stay at a short-term rental property (such as an Airbnb) in the next twelve months, with 43% of that group citing the ability to stay socially distanced and minimize COVID-19 risk. Can’t Touch This: Consumers want pandemic-era upgrades to stay the norm. 67% want hotels to maintain more frequent cleaning and disinfecting procedures; 55% want to see guest areas/public spaces continue to be arranged for social distancing; 11% plan to dine solely via room service to minimize contact. Alex leads Oracle’s vertical software business that serves the hospitality, casino, and cruise industries. Dedicating most of his career to hospitality with experience as an operator and a technology provider, Alex joined Oracle in November 2019 to lead the technical, operational, and cultural transformation of the industry’s leading provider of property management, point of sale, distribution, analytics, and loyalty solutions. With more than 20 years in the travel and hospitality industries, Alex spearheaded global development and strategy for renowned luxury operator Rosewood Hotels & Resorts, led Sabre’s Hospitality Solutions business, and served industry clients as a consultant with McKinsey & Company. Alex earned an MBA from Harvard Business School and a BBA from the University of Texas.