This week, Gary and Jens discuss the changing economics of tourism in the post-pandemic era, and argue that irrational labels like 'mass' and 'luxury' simply don't work any more. Myriad factors will drive strategy shifts to focus not only on profit and resilience in tourism, but also the costs, leakages and societal impacts. So, where is the intrinsic value in modern tourism? What is 'organic pushback'? And how do destinations calculate their own natural ceiling for volume-driven tourism?