Travel Industry News at TravelNewsAsia.com since 1997. Interviews, podcasts, videos, pictures and more
Wed, 10 March 2021

Top Insights from American Express' Latest Global Travel Trends Report

American Express' latest Global Travel Trends Report provides some unique insight into consumer sentiment toward travel nearly one year after the COVID19 pandemic began. Top insights include:

Strong Pent-Up Demand for Travel: 87% of people surveyed said that having a trip planned in the future gives them something to look forward to, 76% of respondents are creating their destination wish list for future travel even though they might not be able to travel yet and 63% of respondents said that they are saving their credit card points so they can go on a vacation once they feel comfortable traveling.

Ready to Book Now: 56% of respondents said that they miss traveling so much that they are willing to book a trip now even if they might have to cancel it in the future.

Inside a temple in Ubon Ratchathani, Thailand. Picture by Steven Howard of TravelNewsAsia.com Click to enlarge.

Rise of The Digital Nomad: 54% said that the freedom and flexibility of being able to live and work while traveling the globe is more appealing now than it was prior to the pandemic.

Safety is a Priority: 65% said they plan to travel after they and their family members have received a vaccine for COVID19.

Privacy is the New Ultimate Luxury: 75% of respondents agree that the experiences that offer ultimate privacy is becoming a key sought-after feature of luxury travel.

Increase in Sustainable Travel: 68% agree they are trying to be more aware of sustainability- friendly travel brands to support.

Our latest global trends report shows that there is a pent-up demand for travel among consumers, with many people longing for and beginning to plan future trips, said Audrey Hendley, President of American Express Travel. In addition, the pandemic environment is giving rise to emerging trends, such as the increasing appeal of working from anywhere while traveling globally, luxury being defined as more personalized experiences, cleanliness and privacy as the ultimate luxury amenities, as well as a growing interest in the environmental and social purpose of their trips and travel companies.

A look at key findings from the report:

People are finding hope and comfort in thinking about and even planning future trips.

Travel to Uplift Health & Wellness: 78% of respondents indicate wanting to travel in 2021 to relieve the stresses from 2020.

Planning and Paying for Future Travel: One in three say they will more frequently use travel credits or points to pay for all or part of a trip in 2021 than they did prior to the COVID19 pandemic.

Making Up for Missed Travel: 61% of survey respondents plan to spend more than they normally would on a trip in 2021 since they could not travel in 2020.

Consumers Willing to Make Sacrifices to Travel: 64% miss traveling so much that they would be willing to give up social media for a month to be able to go on vacation.

Culinary Tourism is Here to Stay: 62% say that eating is the top activity they are interested in doing while traveling, and American Express Travel booking data for January 2021 shows foodie centric cities as top destinations for U.S. and International Card Members. Miami, San Francisco, Chicago and Houston are hot spots for U.S. American Express Card Members whereas Mexico City, Singapore and Tokyo are topping the list for International American Express Card Members.

With regular changes to booking policies, travel offers, and new destinations to consider, there is a new travel mindset today.

Luxury Travel: The pandemic has changed peoples perception of luxury travel with personalized experiences (82%), high cleanliness standards (81%) and privacy (79%) being the most desirable luxury amenities among respondents1. 59% indicate that they want to use a travel agent to help plan and customize their next trip and 80% indicate they are willing to travel to destinations during the offseason so that it's less crowded.

Surge in Second-City Destinations: 69% of respondents are interested in visiting lesser-known destinations and American Express Travel booking data reinforces this trend, showing a rise in reservations for second-city destinations. For example, Dallas and Charlotte saw a higher share of bookings from International Card Members in January 2021 than the previous year and American Express Travel consultants are seeing requests for smaller cities like Porto (instead of Lisbon) in Portugal, and Wellington (instead of Auckland) in New Zealand.

Consumers are becoming more conscious travelers, are more aware of travel companies aligned with their values and will journey to destinations where they can have a positive impact on communities.

Backing Local Communities: 72% of respondents agree that they are passionate about traveling to destinations to help boost tourism revenue and the local economy.

Supporting Travel Brands that Prioritize Diversity & Inclusion: 69% want to choose an airline/hotel that values diversity and inclusion, and whose employees reflect a diverse customer base.

Carbon Conscious Travelers: 60% want to book airlines that have a carbon neutral commitment.

The Amex Trendex online poll was conducted by Morning Consult between 15-24 January 2021 among a national sample of 1,000 travelers in Australia, Canada, India, Japan, Mexico and the U.K., and 2,000 in the U.S. Travelers are defined as adults who traveled by air at least once in 2019.

See also: IATA Travel Pass - Exclusive Video Interview with Vinoop Goel

Editor's note: As the above video interview was conducted over the internet, I would like to apologise that the audio and visual quality are not up to the same HD/UHD quality that it normally would be. Hopefully it won't be too long until we are once again conducting exclusive video interviews in person, but for now we have to make do with what we have. Thank you.

See latest Travel Industry News, Video Interviews, Podcasts and other news regarding: COVID19, American Express, Trends, Forecast.

Headlines: Noise Cancelling Ear Plugs for a Perfect Night's Sleep  Steven Howard Outlines Travel News Asia's Video and Podcast Plans for 2023  Singapore to Host Inaugural Asia-Pacific Summit for Aviation Safety in March  Yotel Signs First Hotel in Saudi Arabia  Cebu Pacific to Resume Melbourne - Manila Flights  Marriott Upgrades Event Booking Process with GroupSync Marketplace  Aeroflot to Increase Flights to Guangzhou and Shanghai, China  Air France to Expand Caribbean Network  Airbus Helicopters Logged 362 Net Orders in 2022  Marriott Signs First Ritz-Carlton Reserve in South America  Hyatt Signs First Unbound Collection Hotel in Tokyo  Qantas Expands Codeshare Agreement with IndiGo  Etihad Airways to Double Flights to Jakarta, Indonesia  AirAsia X Resumes Flights Between KL and Osaka, Japan  CX Reports December Traffic; Expects Return to Pre-Pandemic Capacity by End-2024  Tom Pieter Van Tuijl Appointed GM of Centara Mirage Resort Mui Ne in Vietnam  Smiths Detection Launches iLane A20  Emirates Tests GE90 Engine with 100% SAF  Accor Targets 250+ Handwritten Collection Hotels by 2030  TAT and Thai AirAsia Promote Secondary Cities in Thailand  Mondrian Singapore Duxton Hotel to Open in March  Uzbekistan Airways Orders 12 Airbus Aircraft  Emirates Promotes Three Attractions in Dubai  Elbit Systems Wins Main Deck Cargo Door Contract for Boeing 777 Freighters  Singapore Smash 2023 to Showcase City's Best Table Tennis Players  Hotel du Cap-Eden-Roc in France to Reopen 14 April  IHG Signs voco Hotel in Gurugram, India  Agoda Reveals Most Popular Destinations for Lunar New Year  Air Serbia Signs Codeshare Agreement with Qatar Airways  Delta Increases Airbus A220 Orders to 119 Aircraft  Jumeirah Bali Appoints Paula Choi as Wellness Consultant  Connexus Travel Appoints Eric Lau as General Manager  Rugby Sevens Returns to Hamilton, New Zealand  CWT Wins Siemens Gamesa Renewable Energy Contract  Accor to Expand Legendary Orient Express Brand to Cruise Market  Emirates to Increase Stansted Flights; Resume A380 Service to Birmingham, Glasgow and Nice  Asia Digital Engineering Opens MRO Facility in Johor Bahru, Malaysia  Marriott Signs Three Hotels in Brazil  Malaysia Aviation Group Joins UN's Global Compact Initiative  Two Executive Appointments at Diethelm Travel Group  Undisclosed Customer Orders Fifteen E195-E2 Aircraft  Increased Demand in Asia Pushes Finnair to Increase European Flights  Emirates to Resume Direct Dubai - Hong Kong Flights  Hong Kong Airport Handled 5.7 Million Passengers in 2022  Phuket Shines as Aeroflot Names Most Popular New Year Destinations  Thai AirAsia Unveils Amazing Thailand, Amazing New Chapters Aircraft Livery  Wyndham Opens Hotels in Thailand and Vietnam  Etihad Airways to Launch Flights to Copenhagen and Düsseldorf  Rolls-Royce Tests MTU Engine with 100% Hydrogen  Air France-KLM's NDC Content Now on Travelport+  Hyatt Opens Thailand's First Andaz Hotel  Four Seasons Resort and Residences at The Pearl-Qatar Starts Accepting Reservations  Brian Tong Appointed AGM of Waldorf Astoria - Greater China and Mongolia  Hong Kong Reports Provisional Arrivals for 2022; Outlines Global Promotions  Emirates to Offer High-Speed Inflight Broadband on 50 New A350s  Airbus Delivered 661 Commercial Aircraft to 84 Customers in 2022  Cyprus Airways Appoints APG Hellas as GSA in Greece  Australia Upgrades Airport Tech with Self-Service Biometric Kiosks  Emirates to Resume Tokyo Haneda Flights in April  Chiva-Som Hua Hin Appoints Patience Sangwa as Resident Naturopath  Asia Pacific Airlines' RPK Up 499.2% in November  Etihad to Double Number of Flights to Bangkok, Thailand  Hyatt Opens Riverside Hotel in London, England  airBaltic to Offer Free High-Speed In-Flight Internet to Every Passenger  Savio Fernandes Joins Four Seasons Bengaluru as Director of F&B  CWT Appoints Richard Thompson as Global Head of ESG and Employee Experience  Accor Opens Grand Mercure Resort in Seminyak, Bali  Peter Pottinga Returns to Thailand as GM of Luxury Hotel in Chiang Mai  Ritz-Carlton Appoints Amanda Joiner as Head of Leadership Center  OAG Report Highlights World's Most Punctual Airlines and Airports  Boeing Reports Total Orders and Deliveries for 2022  Marriott Opens Second JW Hotel in Germany  Air Cairo to Implement Accelya's Revenue Management Solution  Emirates Completes IOSA with Zero Findings  China Airlines Partners Toutouan and JIA to Upgrade Japanese Inflight Cuisine  IATA Reports November Traffic; Governments Playing Science Politics  Accor Rebrands Hotel in Cairns, Australia  PIA Extends Partnership with Sabre  Ascott Appoints Serena Lim as Chief Growth Officer  Martin Zarybnicky Joins Anantara Siam Bangkok Hotel as General Manager  InterContinental Singapore Appoints Kenny Chung as Executive Chef  Airbus Partners VDL Group for Airborne Laser Communication Terminal  Asia Pacific Airlines' Air Cargo Volumes Down by 18.6% in November  Lamberto Martinello Joins ATR as Head of Communications and Corporate Branding  Manchester United and Marriott Create Unforgettable Experiences  Etihad Airways to Increase Flights to China  Anthony Tschudin Joins Four Seasons Chiang Mai as Resort Manager  Aeroflot Launches Six New Routes to Mineralnye Vody  British Airways Unveils New Uniforms  Elbit Systems to Establish New Tank Simulation and Training Centers for IDF  Accor Prepares to Open First Ibis Budget Hotel in Cambodia  Cebu Pacific Takes Delivery of Ninth Airbus A320neo  Emirates to Promote Tourism to Bahamas  Etihad Airways Appoints Arik De as Chief Revenue Officer  Korean Air CEO's New Year Address to Employees  Christoph Strahm Appointed GM of Pan Pacific Hanoi  Four Seasons Resort Seychelles Reopens Three-Bedroom Beach Suite  BA Euroflyer Increases Short-Haul Flights for Summer 2023  China Airlines Launches Taipei - Da Nang Flights  United Airlines to Resume San Francisco - Hong Kong Flights in March  Maximilian Schillik Joins Four Seasons Hotel Seoul as Director of Rooms  Marriott Expands AC Hotels Brand to China  British Airways to Launch Flights Between London Heathrow and Florence, Italy  IHG Signs India's First voco Hotel  Hong Kong Rugby Celebrates New Year with Youth Tournament  Egyptian Air Force Orders 12 Boeing CH-47F Chinooks  Onyx Hospitality Opens 96-Room Hotel in Hong Kong  TurboJET to Resume HKIA - Macau Ferry Transfer Service on 30 December  Aeroflot to Launch Flights Between Irkutsk and Bangkok, Thailand  Marriott Opens All-Inclusive Autograph Collection Resort in Cancun, Mexico  Jetstar Celebrates Christmas with Arrival of Two A321neo LR Aircraft  Malaysia Airlines and Saudia Expand Partnership with Codeshare Flights  Stephanie Linnartz to Leave Marriott for Under Armour  Groupe GM Redesigns Pascal Morabito Contemporary Hotel Guest Amenities  Accor Opens ibis Hotel in Chiang Mai, Thailand  Korean Air Receives China's Approval for Asiana Acquisition  Nicolas De Gols Appointed GM of Le Royal Monceau - Raffles Paris  BOC Aviation Increases Boeing 737 MAX 8 Orderbook to 80 Aircraft  Leon Baum Moves to Egypt as GM of Four Seasons Resort Sharm El Sheikh  Radisson Opens First Safari Resort in Africa  Air New Zealand Partners Four Companies for Mission NextGen Aircraft  CIAF Leasing Takes Delivery of Three Embraer E190s  Star Alliance Appoints Charlotta Wieland as Interim CEO  Urs Aebi Appointed GM of Cape Fahn Hotel in Koh Samui, Thailand  World Rugby Sevens Challenger Series 2023 to Take Place in South Africa in April  Amari Watergate Bangkok - 4K Video Interview with Sukamal Mondal, Area GM  Bangkok Riverside Fest 2023 - 4K Video Interview with Frederic Kolde, Anantara Riverside Resort  Business Travel Trends in Asia Pacific - Video Interview with Brett Thorstad, Sabre  Pictures from Miss International Queen 2022 in Pattaya, Thailand  HD Video Interviews from Miss International Queen 2022 in Pattaya, Thailand  Is Siam Seaplane Ready for Take Off? Interview with Dennis Keller, Chief Business Officer  HD Videos and Interviews  Podcasts from HD Video Interviews  RSS Feed - Travel Industry News  Ticker - Travel Industry News  Travel Industry News Archives  Travel Trade Shows  High-Res Picture Galleries  Travel News Asia - Latest Travel Industry News 

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2023 TravelNewsAsia.com