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      "text": "Earlier headwinds of higher prices and recession fears are also abating. By the end of the summer, we expect a more normal travel environment in which Mondee continues to thrive.",
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      "text": "Supply is expected to expand with airline fleet and hotel property additions. For example, Air India and United's recent purchase of hundreds of new aircraft and Hilton's brand additions.",
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      "text": "Industry-wide labor shortages, which impacted air and hotel supply as well as prices early in the year, are abating and expected to return to normal levels by year end.",
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      "text": "Gen Zs and Millennials now represent largest travel purchasing and influence. New social media driven curation capabilities are required in travel marketplaces to meet this demand.",
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      "text": "2Q23 North America domestic air ~101%1 recovered to 2019 levels, international only ~88%.1",
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      "text": "1OAG.com 2023 vs 2019 cumulative domestic and international scheduled air seats as of 6/30/2023",
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