If you’ve traveled at all this summer, the fact that Americans are spending more on their summer vacations than ever before probably won’t shock you. Given how expensive airfare is and how packed airports and planes are this was bound to happen. But the actual dollar figure is shocking. The 14th annual Allianz Travel Insurance […]
Summer Travel Spend to Hit Record of $101.7 Billion
June 19, 2019 by 1 Comment
Americans are planning to spend more on their summer vacations this year than they have in at least a decade. Allianz Global Assistance’s 11th annual Vacation Confidence Index* estimates the total spend will cross the $100 billion mark for the third consecutive year in the index’s history, amounting to $101,700,000,000. Americans’ average anticipated spend on vacations […]
Americans are Spending More on Summer Vacations This Year
July 6, 2017 by 1 Comment
According to the 8th annual Vacation Confidence Index just released by Allianz Travel Insurance, Americans are spending more on summer vacations this year. In fact, vacation spending has topped $100 billion for the first time. This is an increase of 12.5% from last year. I have to say this is a bit of a surprise […]
170 Million Americans Have Not Taken a Vacation in the Last Year
August 18, 2016 by 2 Comments
Americans remain vacation deprived according to the seventh annual Allianz Travel Insurance Vacation Confidence Index. It found that more than 170 million Americans have not taken a vacation in the last year. This is crazy to me and it says to me that Americans are still leaving a lot of paid vacation days on the […]
Terrorist Attacks are Causing Americans to Change Their Travel Plans
August 2, 2016 by 6 Comments
As I wrote about last month, summer vacation spending will jump $5 billion according to the annual Vacation Confidence Index released by Allianz Global Assistance. However, that’s not the whole story given the string of recent global events. The majority of Americans (86%) are concerned about terrorist attacks occurring while on vacation, prompting many to […]
Summer 2016 Vacation Spending Will Jump $5 Billion
July 6, 2016 by Leave a Comment
Fewer Americans will travel, but spend more, on summer vacations, according to the seventh annual Allianz Travel Insurance Vacation Confidence Index released last week by Allianz Global Assistance. This differs a bit from 2015 when Millennials drove the Vacation Confidence Index. That said the results are very interesting. Summer 2016 vacation spending will jump $5 […]
Millennials Driving the Vacation Confidence Index
July 8, 2015 by 4 Comments
According to the sixth annual Allianz Travel Insurance Vacation Confidence Index released recently by Allianz Global Assistance USA, more Americans will travel, but spend less, on summer vacations in 2015 as millennials plan to save money on travel. Millennials are the fastest growing demographic in travel and really every other vertical in the world. Millennials […]
