According to Squaremouth, the travel insurance aggregator, travelers are spending more on their holiday trips this year, with the average trip cost increasing 14% more across top destinations.
Consumers are spending an average of $4,056 on the typical U.S. trip, with overseas destinations going as high as $10,622 for Israel, Squaremouth said.
Reviewing 3.3 million flight itineraries, Allianz Global Assistance estimates the number of Americans traveling domestically and internationally for the holidays increased 24%.
Allianz’s top 10 international destinations in order of popularity are: Cancun, Nassau, San Jose Del Cabo, London, Montego Bay, Mexico City, Aruba, Puerto Vallarta, Santo Domingo and Toronto.
For the fourth consecutive year, New York City is the number one domestic destination, followed by Orlando, Los Angeles, Boston, Atlanta, Seattle, Fort Lauderdale, Las Vegas, Salt Lake City and Minneapolis. Las Vegas appeared on the top 10 domestic list for the first time this year, with travel to the destination increasing 44%, knocking San Francisco out of the ranking.
Read the full Travel Market Report article online here: https://www.travelmarketreport.com/articles/The-Holidays-are-No-Holiday-for-Travel-Advisors