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Demand for international trips drive ‘travel momentum’ and spending

Travel NewsSeptember 2, 20241View

Hinterhaus Productions | Digitalvision | Getty Images Travel spending among American households continues to outpace its pre-pandemic levels, a trend underpinned by a zeal for international trips, according to new Bank of America research. "A key part of travel momentum lies within vacationing abroad," Taylor Bowley and Joe Wadford, economists at the Bank of America…

Travel News

Why travel demand to visit China is low, but interest in Japan is high

With a plum position atop many "Best Places to Travel" lists, Japan is on track to welcome a record-breaking number of travelers in 2024. But China faces a different reality: a far slower return of international visitors. Both countries dropped Covid-related border restrictions relatively late — Japan in October 2022, and China in January 2023…

August 27, 20245Views

Travel News

Travel is too expensive now — travel demand falls under cost concerns

Travelers may have finally had enough. With revenge travel over and pandemic savings depleted, travelers say they're planning fewer trips this summer, or skipping their vacations altogether. "After two straight years of strong gains, the number of Americans planning to take leisure trips is taking a dip," states a summer travel report from Deloitte Insights.…

August 22, 202415Views

Travel News

China expects air travel to hit a record in 2024

China is expected to see a record-level of passenger air travel in 2024, according to the Civil Aviation Administration of China. All Copyrights Belong To Jingying Zhao | Moment | Getty Images China is expecting air passenger travel to hit a record in 2024, bouncing past pre-pandemic levels. Passenger flights may reach 700 million this year,…

August 17, 202413Views

Travel News

Multi-Trip Travel Insurance: One Policy That Covers Every Trip for a Year

For years you've heard it drilled into your brain: Always buy travel insurance for major trips. But even minor trips may involve big problems. Airlines and airports are halting operations without warning, political skirmishes are changing the landscape of no-go destinations, and, oh yeah, you could still get sick with Covid when you're scheduled to…

August 16, 202417Views

Travel News

How to Get a Copy of Your Birth Certificate for Travel

If you love to travel, sooner or later, you will need to show a government official your birth certificate to prove who you are. Birth certificates can unlock the ability to travel freely. They're accepted as a fundamental proof of citizenship for a variety of crucial documents that can validate you for worldwide travel, including…

July 30, 202418Views

Travel News

Travel to Paris dropped because of the Summer Olympic Games

Was it the Parisians who bluntly told travelers "do not come" to Paris during the Summer Games? Or did sky-high prices for hotel rooms, house rentals and event tickets turn travelers away? For a multitude of reasons, many people — including residents — avoided Paris in the build-up to the Olympic Games, despite prognostications…

July 28, 202414Views

Travel News

How to take a break from work and travel in Europe on a budget

In 2023, Rowena Hennigan came to a difficult but necessary conclusion — she needed an extended break from work. Hennigan was dealing with disrupted sleep, anxiety, brain fog — all normal symptoms of menopause – but it was wreaking havoc on her work and her mental health. She said she tried exercise, a new diet,…

July 26, 202417Views

Travel News

How the ultra-wealthy travel in Paris

Paris boasts many luxurious five-star accommodations. At the Hotel Plaza Athénée, a single night during peak season can cost around $44,000, while a stay in the Imperial Suite at the Ritz Paris can command an astounding $70,000 per night. Hôtel de Crillon, an 18th-century palace which was converted into a luxury hotel in 1909, has…

July 24, 202419Views

Travel News

Airline profits lag even as travel demand breaks records

Passengers pass through O'Hare airport in Chicago, July 3, 2024. Scott Olson | Getty Images Record summer air travel demand isn't translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month. Some airlines have forecast record demand, and in some cases, revenue. But higher…

July 8, 202421Views