While many Canadians are cautious about their spending, travel is expected to become a priority in 2024, with Canadians expected to spend the most on average on travel this year, according to a report from American Express Travel. Highly ranked at the top of the market.
“From spontaneous trips to once-in-a-lifetime experiences, the Global Travel Trends Report highlights the need to prioritize unforgettable travel,” Vanessa Crooker, vice president of brands, partnerships and lifestyle benefits at AmEx Canada, said in a statement. “It highlights the continued aspirations of Canadians.” “We know that 82% of Canadians plan to spend more or the same on travel this year, and we're thrilled to be able to meet that demand with our premium travel benefits,” she said. doing.”
Amex Travel's 2024 World Travel Trends Report includes a sample of 2,005 adults in the United States, 1,007 adults in Australia, 1,002 adults in Canada and the United Kingdom, 1,002 adults in Japan, and 1,006 adults in Mexico and Mexico. Includes surveys conducted from January 31st to February 8th. There are 1,005 adults in India. Each individual surveyed has an income worth at least US$50,000 and typically travels at least once a year.
Results from a global poll show that 84 percent of all respondents plan to spend more or the same amount on travel in 2024 than they did last year, and 72 percent plan to spend more on outings with friends. I would rather save money for travel than spend it. .
Research shows Canadians will spend more on travel this year, but that doesn't mean they aren't looking for travel hacks to save money, with 44% saying they travel during off-peak times when it's generally cheaper and 41% going on vacation. answered. Use your credit card points to pay for hotels and flights.
The majority of Canadians surveyed (85%) said they would like to sign a flight deal so they can spend more on accommodations and upgrades.
Where will Canadians travel in 2024?
For Canadians, the most common type of travel planned this year is a “bucket list” or “dream vacation” experience.
A total of 66% of Canadian respondents want to travel to multiple countries, and 32% are considering an expedition cruise.
Of Canadians planning a multi-destination vacation, 70% specifically plan to visit Europe.
The overall global travel trend for 2024 is sports travel, with 75% of Amex Travel Report respondents planning to travel to a sporting event at least three hours from home.
The top destinations for sports tourism are:
-
new york city
-
miami
-
London
-
Las Vegas
-
Paris
Solo travel is on the rise
Millennial and Gen Z travelers around the world (76%) are interested in traveling solo this year. Among Canadians surveyed by Amex Travel, 54 per cent plan to take more solo trips in 2024, with 59 per cent doing so “for self-love.”
“Traveling solo is a great way to relax and discover new hobbies,” said Colin Ng, vice president and general manager of travel and lifestyle services at Amex Asia Pacific. “When you travel solo, you get to choose your perfect destination and create your own ideal itinerary.”
This trend also coincides with a period in which travelers have become more spontaneous in their travels, with shorter planning horizons in 2024.
According to AmEx, 44% of global respondents say they prefer spontaneous trips to spontaneous travel plans.
Last year, Amex announced the top 2,024 travel destinations identified from AmEx cardmember travel bookings around the world. they are:
-
adelaide hills, australia
-
bodrum, Türkiye
-
Porto Cervo, Italy
-
saint kitts and nevis
-
Niseko, Japan
-
San Miguel de Allende, Mexico
-
Santa Fe, USA
-
seychelles
-
udaipur, india
-
Zermatt, Switzerland
