The travel industry, once a booming sector, is facing new headwinds as economic uncertainty, high interest rates, and geopolitical tensions impact consumer behavior. Recent results from major companies in the travel space, including Expedia $EXPE, Hilton $HLT, and Airbnb $ABNB, reflect a growing trend of weaker-than-expected performance. While the sector had been riding high on post-pandemic recovery, signs of slowing demand are emerging just ahead of the busy summer travel season.