While the traditional week-long vacation is still elusive, new research indicates travel is becoming a priority again based on longer trips and increased spend.
From Solo Travel to 'Pay-Cations,' Young Americans Lead 2023 Travel Trends with Wellness at the Forefront
The figure represents approximately a 10% increase over 2022, a 39% increase over 2021, a staggering 261% over 2020, and remarkable 111% increase compared to pre-pandemic spending in 2019.
Persado Study Highlights Missed Opportunities for Travel Marketers
Travel budgets are on the rise amongst Americans with those surveyed planning to spend $3,013 this year – a 6% increase from last year.