I can't tell you the number of people I know who are mad as hell that they had their vacations canceled. They are absolutely bursting at the seams to reschedule and take these trips. With that much pent up demand, it makes little sense as to why there won't be a massive rebound come sometime in the 2nd half of this year, possibly as early as the summer.

Lots and lots of people I know, and who are friends of friends feel this way.