Travel Intentions
54% Of Americans Say They Plan to Travel More Compared to Last Year
70% Are Adjusting Their Plans Due to Economic Pressures
70% Are Adjusting Their Plans Due to Economic Pressures
Travel analytics firm ForwardKeys has released a report stating that the recent Israel-Hamas conflict has negatively impacted not only flights to and from the Middle East but also caused a global slowdown in the aviation industry.
According to the latest CityDNA Barometer Report, which is based on the most recent air ticketing data by ForwardKeys, the European travel and tourism sector is showing promising signs for the last quarter of 2023.
K residents have been researching their favourite multi-country holiday destinations, and Google data from the past 12 months shows that Vietnam paired with Cambodia is the most popular combination. This is followed by Sri Lanka and the Maldives, joint second with New Zealand and Australia.
Conference Board data published on Tuesday revealed that 21.8% of Americans intend on visiting a foreign country in the next six months, up from 17.7% in June.
Building on the findings from our Path to Purchase research, the latest installment of our quarterly Traveler Insights report looks at Expedia Groups exclusive first-party traveler search and booking data to show shifting demand patterns and changing traveler behaviors.
Its been a sizzling summer of travel, but this will likely be the peak of the post-pandemic boom. As longer nights start to draw in, the urge to splurge on pricey trips is bound to fade.
Canadians Are Willing to Incur Debt and Reduce Their Grocery Expenses in Order to Travel
On average, consumers are planning to take three trips before the end of the year with a third (32%) intending to invest more in travel this year than they did in 2022, despite the financial crunch.
The International Air Transport Association (IATA) reported high levels of confidence among travelers for the peak Northern summer travel holiday season. This corresponds with first quarter 2023 forward bookings data for May September which is tracking at 35% above 2022 levels.