American Categorical Launches 2021 International Journey Developments Report

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NEW YORK–(BUSINESS WIRE)–American Categorical (NYSE: AXP) launched the American Categorical Journey: International Journey Developments Report at the moment, which offers distinctive perception into client sentiment towards journey practically one yr after the COVID-19 pandemic started. The findings within the report, grounded in survey analysis throughout seven nations, together with the USA, Australia, India, Canada, Mexico, Japan and the United Kingdom1, demonstrates that buyers are trying ahead to touring once more and that they’re planning for future journeys.

Prime insights embody:

Sturdy Pent-Up Demand for Journey: 87% of individuals surveyed mentioned that having a visit deliberate sooner or later offers them one thing to stay up for, 76% of respondents are creating their vacation spot want record for future journey though they won’t be capable of journey but and 63% of respondents mentioned that they’re saving their bank card factors to allow them to go on a trip as soon as they really feel snug touring.

Able to Guide Now: 56% of respondents mentioned that they miss touring a lot that they’re keen to e-book a visit now even when they may must cancel it sooner or later.

Rise of The Digital Nomad: 54% of respondents mentioned that the liberty and adaptability of having the ability to stay and work whereas touring the globe is extra interesting now than it was previous to the pandemic.

Safety is a Precedence: 65% of respondents mentioned they plan to journey after they and their members of the family have acquired a vaccine for COVID-19.

Privateness is the New Final Luxurious: 75% of respondents agree that the experiences that supply final privateness is changing into a key sought-after characteristic of luxurious journey.

Enhance in Sustainable Journey: 68% of respondents agree they’re making an attempt to be extra conscious of sustainability-friendly journey manufacturers to assist.

“Our newest international tendencies report exhibits that there’s a pent-up demand for journey amongst customers, with many individuals eager for and starting to plan future journeys,” mentioned Audrey Hendley, President of American Categorical Journey. “As well as, the pandemic surroundings is giving rise to rising tendencies, such because the growing enchantment of working from anyplace whereas touring globally, luxurious being outlined as extra personalised experiences, cleanliness and privateness as the final word luxurious facilities, in addition to a rising curiosity within the environmental and social function of their journeys and journey corporations.”

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Right here’s a take a look at key findings from the report:

CONSUMERS ARE LOOKING FORWARD TO TRAVELING AGAIN

Persons are discovering hope and luxury in excited about and even planning future journeys.

Journey to Uplift Well being & Wellness: 78% of respondents point out desirous to journey in 2021 to alleviate the stresses from 2020.

Planning and Paying for Future Journey: One in three say they are going to extra incessantly use journey credit or factors to pay for all or a part of a visit in 2021 than they did previous to the COVID-19 pandemic.

Making Up for Missed Journey: 61% of survey respondents plan to spend greater than they usually would on a visit in 2021 since they may not journey in 2020.

Shoppers Keen to Make Sacrifices to Journey: 64% of respondents miss touring a lot that they’d be keen to surrender social media for a month to have the ability to go on trip.

Culinary Tourism is Right here to Keep: 62% of respondents say that consuming is the highest exercise they’re excited by doing whereas touring, and American Categorical Journey reserving knowledge for January 2021 exhibits foodie centric cities as high locations for U.S. and Worldwide Card Members. Miami, San Francisco, Chicago and Houston are scorching spots for U.S. American Categorical Card Members2 whereas Mexico Metropolis, Singapore and Tokyo are topping the record for Worldwide American Categorical Card Members3.

THE NEW TRAVEL MINDSET

With common adjustments to reserving insurance policies, journey presents, and new locations to contemplate, there’s a new journey mindset at the moment.

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Luxurious Journey: The pandemic has modified peoples’ notion of luxurious journey with personalised experiences (82%), excessive cleanliness requirements (81%) and privateness (79%) being probably the most fascinating luxurious facilities amongst respondents1. 59% point out that they need to use a journey agent to assist plan and customise their subsequent journey and 80% point out they’re keen to journey to locations through the offseason in order that it is much less crowded.

Surge in ‘Second-Metropolis’ Locations: 69% of respondents are excited by visiting lesser-known locations and American Categorical Journey reserving knowledge reinforces this development, displaying an increase in reservations for second-city locations. For instance, Dallas and Charlotte noticed the next share of bookings from Worldwide Card Members in January 2021 than the earlier year4 and American Categorical Journey consultants are seeing requests for smaller cities like Porto (as an alternative of Lisbon) in Portugal, and Wellington (as an alternative of Auckland) in New Zealand.

TRAVELING WITH PURPOSE

Shoppers have gotten extra aware vacationers, are extra conscious of journey corporations aligned with their values and can journey to locations the place they will have a constructive impression on communities.

Backing Native Communities: 72% of respondents agree that they’re keen about touring to locations to assist increase tourism income and the native economy1.

Supporting Journey Manufacturers that Prioritize Variety & Inclusion: 69% of respondents agree that they need to select an airline/resort that values range and inclusion, and whose workers mirror a various buyer base.

Carbon Acutely aware Vacationers: 60% of respondents agree they need to e-book airways which have a carbon impartial dedication.

American Categorical Journey’s four,500 journey consultants present clients with world-class service, the place high-tech meets high-touch assist, 24/7. To offer clients extra worth and confidence at any time when they’re able to journey, the corporate has rolled out plenty of reductions and presents throughout resort, air and automotive leases and prolonged American Categorical Journey cancellation charge waivers by the top of September. To search out out extra go to AmexTravel.com.

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For extra findings and extra info on the American Categorical Journey: International Journey Developments Report, go to right here.

AMERICAN EXPRESS TRAVEL: GLOBAL TRAVEL TRENDS REPORT METHODOLOGY

1 This Amex Trendex on-line ballot was performed by Morning Seek the advice of between January 15-24, 2021 amongst a nationwide pattern of 1,000 vacationers in Australia, Canada, India, Japan, Mexico and the U.Ok., and a pair of,000 within the U.S. $70ok+ USD family earnings (HHI) equal in Australia, Canada, Japan, the U.Ok. and the U.S., $50ok+ USD equal HHI in Mexico, and $20ok+ USD equal family earnings in India. Vacationers outlined as adults who traveled by air not less than as soon as in 2019. Outcomes have a margin of error of plus or minus 2 share factors within the U.S.; plus or minus three share factors within the different nations.

2 Primarily based on U.S. Card Member flight and resort bookings made by American Categorical Journey in January 2021

three Primarily based on Worldwide Card Member flight and resort bookings made by American Categorical Journey in January 2021

4Based on Worldwide Card Member resort and air bookings made by American Categorical Journey in January 2021 in comparison with January 2020.

ABOUT AMERICAN EXPRESS

American Categorical is a globally built-in funds firm, offering clients with entry to merchandise, insights and experiences that enrich lives and construct enterprise success. Study extra at americanexpress.com and join with us on fb.com/americanexpress, instagram.com/americanexpress, linkedin.com/firm/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

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