Travel Is Styling This Season - Travel News

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Travel » Travel Is Styling This Season

Travel Is Styling This Season

Add to Favorites:
Travel Is Styling This Season
December
15

Whether heading to mom’s house in the mountains, or taking off for some exotic locale more than half of all Americans are set to travel over the holidays – just like last year, according to the latest American Express Spending & Saving Tracker. Yet how much they are set to spend is up, with most expecting to shell out $1,521 on average, up 151% from last year, when the average spend was just $605.

For Americans this season its all about the experience when it comes to travel, with the top reason for traveling being to spend time with family members and/or friends (53%). Treating themselves and their family comes in second at 31%.

“The holiday season has always been one of the most popular times to travel, but this year, Americans plan to spend significantly more,” said Claire Bennett, Executive Vice President of American Express Travel. “One reason for an increase in spend can be attributed to their desire for shared experiences and therefore their willingness to spend on activities and events with family and friends.”

Eating out on the road is up

Nothing says vacation like eating out, and that is exactly what travelers will be doing this season, with 36% planning on spending more dining out while traveling. And that’s not all–33% are planning on spending more on all sorts of activities and entertainment.

A quarter of respondents will be shelling out more to upgrade their accommodations. In fact, upgrades are trending with Americans, whether that means spending more money on a better and most likely expensive destination (18%) or getting a first or business class ticket (15%).

Destinations, splurging and going off their budget

Where will people be heading out to this season? The U.S. is a popular location with 75% of people planning on staying within the borders. With the Northeast taking the top spot when it comes to destinations (30%), but the Southeast (26%) came in a close second, while the Southwest and Midwest tied for third (both 19%).

International travel is not out of the question with 12% of people going across the pond or elsewhere, and 11% planning on going both the domestic and international route.

Splurging is also trending with Americans, with 63% saying they would hit the road if they got a chance, and 87% more than willing to go over their travel budget no matter what the season, for special experiences and extras including:

• Special experience in a certain local (62%)
• Local cuisine (45%)
• Keepsakes (32%)
• First-class airfare (13%)

But that doesn’t mean they aren’t looking for deals. They are, with 59% doing their research online to find special deals, while 34% are looking to use points and miles to either pay for or pay off part of their trip. Travel agents are not a thing of the past: 17% are working with one to get the best holiday fares.

The American Express Spending & Saving Tracker research was conducted online November 2 to 7 with 1,540 adults taking part.

1

Add to Favorites:

Related News:

Consumers Getting a Jump on Holiday Shopping
Consumers Getting a Jump on Holiday Shopping

Posted: November 07, 2016

If you have been buying holiday gifts and squirreling them away you're in good company, according to the new American Express Spending & Saving Tracker. Continue reading
New Platinum Card Benefits from American Express
New Platinum Card Benefits from American Express

Posted: March 10, 2017

If you have been wishing for more benefits from your American Express Platinum Card, Amex may have heard you. Continue reading
American Express Travel's Fine Hotel & Resorts Growing
American Express Travel's Fine Hotel & Resorts Growing

Posted: November 15, 2016

Travel is always trending with consumers, and with that in mind American Express Travel is expanding Fine Hotel & Resorts in 2017. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Match Mile For Mile: We’ll match all the Miles you’ve earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
Earn 50,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $500 travel statement credit
For Excellent Credit
Earn 50,000 bonus points after spending $4,000 in purchases within the first 3 months of account opening*
For Excellent Credit