International Travel Remains a High-Priority

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Aug 04. A new study from leading travel technology company Amadeus found that people still desire to travel despite the economic uncertainty.

According to the Consumer Travel Spend Priorities survey, 42 percent of respondents from around the world said international travel is a high-priority spend area for the coming year, far higher than fashion, eating out and big-ticket items like home improvements.

Data also showed that 32 percent of people considered domestic travel a high priority spend area over the next 12 months, while online subscriptions (28 percent), eating out (27 percent) and fashion (25 percent) rounded out the top five responses.

On average, respondents estimate they will spend $2,670 on international travel over the next year, which is close to how much they spent in 2019 (a $2,780 average). Many travelers plan to spread the cost across installments and dip into loyalty points previously collected to ease the burden.

Source: Travel Pulse

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