Allianz Study Finds Travelers’ Confidence Is Growing

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August 16. Americans continue to grow more confident in travel amid the COVID-19 pandemic, according to a brand new study from travel insurance and assistance company Allianz Partners USA.

According to the recent survey of more than 1,360 Allianz customers who purchased a policy between October 1, 2020 and April 30, 2021 conducted last month, two-thirds (66 percent) anticipate traveling in the next three months or by the end of October.

That figure is significant in that only 22 percent of customers indicated that they would travel within that same timeframe as recently as February 2021. What’s more, only 7 percent of customers said that they were not sure when they would travel next, down notably from 21 percent in February.

While confidence among travelers is improving, people continue to be most hesitant about taking a cruise. When asked how long it would take to feel confident enough to resume travel at “pre-COVID-19 activity levels,” most indicated that they are confident right now about staying in a hotel (84 percent), flying on an airplane (79 percent), staying in a rental property (78 percent) and traveling on a train (70 percent).

However, roughly four in 10 (39 percent) Allianz customers said they were confident about taking a cruise right now. That figure was higher among customers from the travel advisor retail channel customers (47 percent), Allianz noted.

Source: Travel Pulse

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72580cookie-checkAllianz Study Finds Travelers’ Confidence Is Growing