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schmid: Don t see high fares impacting year end demand: Matthias Schmid, senior VP, Trips, Booking com

“So far, we still see strong demand. While air fares have gone up because of multiple factors, we see a similar trend on average daily room rates on hotels. We see a significant increase compared to 2019,” said Matthias Schmid, senior vice president of the Trips Division at Booking.com in an interview with ET.

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