Travelling is the top consumer priority

Urlaub steht bei Verbrauchern weiter hoch im Kurs.

Consumer demand for travel is expected to remain stable over the next twelve months despite the ongoing economic uncertainty. This is the key finding of a survey of 4,500 travellers from Germany, France, the UK, Singapore and the US conducted by Amadeus subsidiary Outpayce. The number of those who give high priority to foreign travel rose by 12 per cent year on year to 47 per cent. Travellers also expect to spend significantly more on international travel in the coming year On average, they expect to spend 3,111 euros, which corresponds to an increase of 685 euros per consumer, or 28 per cent, over the previous year. Of the three European markets surveyed, consumers in Germany are expected to spend the most on international travel in the next twelve months in absolute terms. According to the survey, German travellers have planned the highest In addition, 52 per cent of respondents ranked international travel as a high priority, the highest in Europe and 11 per cent higher than the global average. When examining the reasons behind German travellers' desire to prioritise travel over other expenses, the report highlights a number of different motivating factors. The most common (37%) was that the last few years have been challenging and the desire for a break has been awakened. Other motives included the opportunity to visit friends and family (26%), the lower cost of living in other countries (25%), and additional savings during the pandemic that make travel possible (24%). Source.Amadeus