 The demand story still remains strong. We had the latest data from MasterCard, which shows travelers' intentions to go overseas remains high, helped in part by lower airfare. The May inflation report did show that airfare prices dropped by 6% year over year. And then there's those major events this summer driving interest to Europe, from Taylor Swift's Eros Tour, the EuroCup, to the Paris Olympics. CNBC's Seema Modi.