Whereas many Canadians have been cautious with their spending, journey will apparently be a precedence spend in 2024, with American Categorical Journey (Amex Journey) reporting that Canada is among the many prime markets with the very best common journey spend anticipated this 12 months .
Globally, Canada is the second-highest common anticipated spending market on leisure journey, with a mean of $eight,824 for all leisure journey in 2024.
“The International Journey Traits Report highlights Canadians' continued want to prioritize unforgettable journeys, from spontaneous journeys to once-in-a-lifetime experiences,” learn an announcement from Vanessa Crooker, vice chairman of name, partnerships and styling advantages. Amex Canada Life Insurance coverage. “We all know that 82 per cent of Canadians plan to spend extra or the identical on journey this 12 months and we're excited to satisfy that demand with our premium journey advantages.”
The Amex Journey 2024 International Journey Traits Report concerned a survey carried out between January 31 and February eight amongst a pattern of two,005 American adults, 1,007 adults in Australia, 1,002 adults in Canada and the UK, 1,002 adults in Japan, 1,006 in Mexico and 1,005 adults in India. Every particular person surveyed has an earnings equal to a minimum of US$50,000 and sometimes travels a minimum of annually.
Within the international survey outcomes, 84 p.c of whole respondents plan to spend extra or the identical amount of cash on journey in 2024, in comparison with final 12 months, and 72 p.c would fairly get monetary savings for a visit than spend cash on going out with associates. .
The survey discovered that whereas Canadians will likely be spending on journey this 12 months, that doesn't imply they aren't searching for money-saving journey hacks: 44 per cent indicated they’ll journey throughout off-peak, usually cheaper hours, and 41 per cent p.c indicated they’ll journey throughout off-peak, usually cheaper hours. You’ll use the bank card factors to pay for motels and/or flights.
The overwhelming majority, 85 per cent, of Canadians surveyed stated they needed to get a deal on flights so they may spend extra on their lodging or upgrades.
The place will Canadians journey in 2024?
For Canadians, the commonest kind of journey they plan to take this 12 months is a “bucket listing” or “dream trip” expertise.
A complete of 66 per cent of Canadian respondents wish to take a multi-country journey and 32 per cent are contemplating an expedition cruise.
Of Canadians planning a multi-destination trip, 70 per cent plan to go to Europe particularly.
A normal development for journey in 2024 globally is sports activities journey, with 75 p.c of respondents to the Amex Journey report planning to journey to a sporting occasion that’s a minimum of three hours from dwelling.
The primary journey locations for sports activities tourism are:
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NY
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Miami
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London
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Las Vegas
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Paris
Solo journey is on the rise
International Millennial and Gen Z vacationers (76 p.c) are occupied with touring alone this 12 months. Of Canadians who responded to Amex Journey's survey, 54 per cent plan to journey extra solo in 2024, and 59 per cent of these folks will accomplish that out of “self-love.”
“Touring solo is a superb solution to calm down and uncover a brand new passion,” reads an announcement from Corinne Ng, vice chairman and normal supervisor of journey and life-style companies at Amex Asia Pacific. “Travelling alone additionally permits you to take accountability for choosing the right vacation spot and provides you the power to pick out the best itinerary, designed only for you.”
That development additionally coincides with vacationers being extra spontaneous with their journeys, and planning timelines will shorten in 2024.
Amex discovered that 44 p.c of world respondents want to take a spontaneous journey, fairly than having an in depth plan.
Final 12 months, Amex revealed the highest journey locations of 2024, recognized by Amex cardholders' international journey bookings. They’re:
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Adelaide Hills, Australia
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Bodrum, Türkiye
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Porto Cervo, Italy
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Saint Kitts and Nevis
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Niseko, Japan
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San Miguel de Allende, Mexico
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Santa Fe, United States
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Seychelles
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India's flag
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Zermatt, Switzerland