Travel Trends: What’s Expected for 2017
With 2016 nearly behind us, we take a look at how travel trends have shifted in the last year and what’s in store for travel trends over the next year.
Travelers in the U.S. are expected to continue to spend and take more trips than ever before. A 2.8 percent rise in U.S. travel expenditures is forecast for 2017, along with 29 million more domestic person-trips, according to the U.S. Travel Association. If travelers are spending more, that’s even more reason to protect their trip costs by purchasing travel insurance.
The U.S. Commerce Department predicts that 2016 will end with about 700,000 fewer international visitors than the year before, but 2017 is looking up, with an expected 2.4% increase year over year. For a longer look at expectations for where international visitors will be originating from, five countries—Mexico, China, Canada, India and South Korea—are projected to account for 64% of visitor growth between now and 2021.
An AARP survey shows that 99% of Baby Boomers plan to travel for leisure in 2017 and about half plan to travel internationally, with an average of five or more trips expected throughout the year. The same report indicates that Millennials plan to take more trips than Generation X or the Baby Boomers.
One thing is certain: as long as people travel by air, land or sea and seek the ultimate vacation destinations, they are making a trip investment. Travelers are becoming increasingly aware of unexpected circumstances that can arise during their trip and turning to travel insurance as a result.
A291 16 12

