While many Americans are planning to travel less in the coming year due to inflation and other economic pressures, the affluent among us are planning to increase the number of international trips they take as well as how much they spend traveling, according to a survey from marketing firm MMGY Global.
The survey found that high-income individuals are planning to take 3.8 international vacations in the coming 12 months compared with 2.2 in 2019, MMGY Global reported. Further, these travelers are projected to spend 16% more on international travel than they did pre-pandemic.
Although travelers are returning to the skies, they aren't without their worries. Flight cancellations and delays were the biggest causes of concern for international travelers. Personal safety and sustainable practices were also leading concerns.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
