Three-quarters of Americans all in for a summer vacation

Three-quarters of Americans all in for a summer vacation

The submit Three-quarters of Americans all in for a summer vacation appeared first on TD (Travel Daily Media) Travel Daily.

Americans are taking a no-holds-barred strategy to summer holidays this yr and prioritizing their PTO days. Allianz Partners USA’s fifteenth Annual Vacation Confidence Index* reveals that client vacation confidence is continuous its three-year development with 61% of Americans meaning to e-book a summer journey of 100 or extra miles away from residence for not less than a week (up one level from final yr, 19 factors since 2019). The survey additionally revealed three-quarters (74%) say that an annual summer vacation is essential, up 14 factors since 2019.

“Since the pandemic, a paradigm shift has occurred in the American consumer’s mindset around the importance of taking time off to recharge and the invaluable benefits a vacation offers,” mentioned Daniel Durazo, director of exterior communications at Allianz Partners USA. “This switch has propelled Americans’ confidence in taking a vacation to its highest point in our 15-year survey and indicates a new standard commitment to travel.”

While down two factors from final yr, Americans ages 18-34 are essentially the most assured (67%) they may take a summer vacation, in comparison with 35-54 yr olds (64%, no improve yr over yr) and 55+ (53%, up 3 factors).

Men (65%) are extra probably than ladies (57%) to specific confidence in a summer getaway. Income performs a issue as properly – 75% of Americans whose family earns greater than $100,000 a yr are assured they may take a summer vacation, in comparison with 59% who earn $50,000-$100,000 and 48% of those that earn lower than $50,000.

Financial concerns had been additionally most ceaselessly cited amongst these not taking a summer vacation – monitoring the identical from final yr, 57% of respondents mentioned they “did not want to spend the money,” a sentiment that the 35-54 year-old demographic echoed extra emphatically (67%) than their youthful (18-34, 54%) or older (55+, 51%) counterparts.

One in eight (13%) discovered “taking time off from work” to be a barrier to taking a summer vacation, up two factors from final yr, and curiously fewer folks discovered that “planning a vacation is stressful or time consuming.” Down three factors from 2022, 7% of respondents cited worrying planning or time constraints for their lack of confidence, the dip maybe fueled by the easing of journey restrictions and entry necessities, a rise in journey planner assets to assist streamline the method, or the blurring of traces between enterprise and leisure journey.

The Vacation Confidence Index has been performed every summer since 2009 by nationwide polling agency Ipsos Public Affairs on behalf of Allianz Partners USA. A vacation is outlined as leisure journey of not less than a week to a vacation spot not less than 100 miles from residence.

Allianz Partners affords journey insurance coverage by way of most main U.S. airways, main journey brokers, on-line journey businesses, resort corporations, cruise traces and on to shoppers..

 

 

The submit Three-quarters of Americans all in for a summer vacation appeared first on Travel Daily.


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