While travel is key for all age groups, the data also reveals that future generations of travelers will have new values that dictate where and how they travel.
Travelers Open to Human Interaction When Scheduling Travel and Other Activities
After a Few Years of Catch-up, the Incentive Travel Industry is More Than Ready to Fly into 2024 with Less Turbulence. The Incentive Travel Professionals at Motivation Excellence Predict There Will Be a Few Key Areas to Keep an Eye On, and Most Apply to Individual Travelers As Well.
Canadians continue to prioritize travel in 2024 despite economic challenges
Allianz Partners USA has announced its annual Top 10 Holiday Destinations survey, which found Americans are planning holiday trips to New York City and Cancun, Mexico, as their top domestic and international locations.
A key insight from the ISeatz report reveals that most consumers plan to maintain or increase their travel frequency in 2024 compared to 2023, primarily for leisure purposes. This trend is driven in large part by younger consumers, especially Millennials and Gen Z, who not only traveled more in 2023 but also plan to amplify their travel activities in the coming year.
While 74% of Americans feel at least moderately in control of their finances this year, inflation has caused 19% to cut back on necessary spending
The Ministry of Tourism, Investments & Aviation has announced that tourism performance has outpaced projections for the first seven months of 2023, with The Bahamas recording more than 5.89 million arrivals from January through the end of July. Current tourism performance puts the country well on the way to closing out the year at 8 million plus visitors.
For many loyalty and rewards program members, earning rewards outranks the cost of traveling. Nearly half of travelers in such programs (44%) prioritize earning rewards over finding the lowest costs when traveling, demonstrating the value that these travelers place on their loyalty programs.
New study reveals the industry impacted the local economy approximately 10% above the pre-pandemic peak in 2019