From historic hurricanes, growing anti-tourism sentiments, frequent travel disruptions and ever-rising trip costs, 2024 has been a challenging year for travelers. Looking ahead into the new year, Squaremouth, the leading travel insurance marketplace US, reveals their top 3 biggest travel predictions for 2025. 1. As trip costs climb, interest in travel will continue to decline Travelers have seen increasing travel prices for the past 4 years running. The average international trip cost for 2025 is $9,922, up 11% from 2024, 16% from 2023 and 32% from 2022. Data indicates this trend shows no signs of stopping, and many travelers may be cutting back on travel due to these rising costs. 2. Travellers will opt to head north and west While overall interest in international travel...
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Squaremouth predicts the 2024 travel outlook This year has been a challenging one for travelers, featuring passport delays, pilot strikes, natural disasters, and other uncommon disruptions. Looking ahead into the new year, Squaremouth, the US based leading travel insurance marketplace, reveals their predictions of the most notable travel trends to expect in 2024, and shares tips for travelers planning their trips. 1. 2024 will be the most expensive year on record for travelers Travelers have seen an increase in travel prices for the past three years running. The average international trip cost in 2023 is $6,574, up 21% from last year, and 30% from 2021. Data indicates this trend shows no signs of stopping, and many travelers share this same sentiment and expect to spend...
Read MoreNew report from WTTC reveals, corporate travel in the Middle East and Asia Pacific set to lead the way with fastest recovery Worldwide business travel spending looks set to rise by more than a quarter this year and reach two thirds of pre-pandemic levels by 2022, according to the World Travel & Tourism Council (WTTC). The forecast comes in a major new WTTC report in collaboration with McKinsey & Company called ‘Adapting to Endemic Covid-19: The Outlook for Business Travel’. It draws on research, analysis and in-depth interviews with Travel & Tourism business leaders to enable organisations to prepare for corporate travel in the post-pandemic world. Business travel was disproportionately affected by COVID-19 and has been slower to resume. Given that business tra...
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