Allianz Partners USA’s 13th annual Vacation Confidence Index estimates Americans’ total spend for summer vacation travel will cross the $150 billion mark for the first time in the Index’s 10-year history, a 160 percent increase over spend in summer 2020 and 50 percent over spend in a robust 2019.
This year, Americans plan to spend more on summer vacations than before, averaging $2,122 spend per vacationing household. American confidence in taking a summer vacation is at an all-time high: 60 percent are confident they will take a vacation, defined as a leisure trip of at least a week to a place 100 miles or more from home.
Other findings include:
- Younger Americans are hopeful they’ll take a vacation, with 73 percent of respondents aged 18–34 citing confidence
- Higher income-earning households also feel confident
- Men, at 67 percent, are more likely than women, at 55 percent, to be confident
- Of those who aren’t confident they’ll take a summer vacation, 38 percent said they didn’t want to spend the money
“Summer 2021 will be remembered as the summer that Americans finally stopped taking their vacations for granted and eagerly hit the road with a revenge travel budget,” said Daniel Durazo, director of marketing and communications, Allianz Partners USA. “Our annual Vacation Confidence Index shows that the concept of pent-up demand is real and will likely translate to $150 billion in vacation spending, which will shatter all previous records. Interest in travel insurance has also never been higher as Americans are looking to protect their trip with a policy that provides coverage for unexpected cancellations, interruptions, delays and medical emergencies.”
With more companies around the world becoming more environmentally friendly, American Airlines recently announced it committed to set a science-based target for reducing greenhouse gas emissions. This move will sharpen the company’s strategy for reaching net-zero emissions by 2050 and aligns its path with the global imperative of limiting temperature rise to well below 2 degrees Celsius.
The Sports Industry Awards returned with a bang last night as 200 guests packed the W Hotel Great Ball Room for the gala ceremony.
Deep Dive Dubai, home of the deepest swimming pool for diving in the world, opened in Dubai, in the Nad Al Sheba neighborhood. Guinness World Records verified the pool as the world’s deepest swimming pool for diving at a depth of 60.02 meters, or almost 197 feet, holding 14 million liters of water, equivalent to six Olympic-sized swimming pools.
Family gatherings are extra special this year and we chose to celebrate a milestone birthday in New Orleans. The JW Marriott New Orleans, across the street from the historic French Quarter, is ideally situated for exploring the city. Streetcars roll in front of the property and are especially fun for first-time visitors. Within a ¾-mile radius, we could walk to the National WWII Museum, Ogden Museum of Southern Art, Sazerac House, Harrah’s Casino, the Shops of Canal Place and numerous restaurants.
The biggest names in the Middle East sporting community will gather for the Sports Industry Awards as the event returns for its eighth edition. SPIA recognizes the achievements of individuals, organizations, facilities and campaigns that contributed to the development of sport in the region.
Mondrian, a leading brand within the Accor group, announced its expansion into Europe with the opening of Mondrian Shoreditch London. The hotel, owned by the Reuben Brothers, will open its doors Aug. 2, following a major overhaul and complete redesign by the award-winning London interior design studio Goddard Littlefair.
As more travelers return to the skies, American is here every step of the way to ensure an elevated and seamless journey. Experience flying freedom with AirPass, American’s all-inclusive, pre-paid travel membership program.
Finnair Updates: Entry for Vaccinated Travelers, COVID Requirements Discontinued & New Long-Haul Flights
Finland is now open to travelers from the European Union and Schengen countries. Those travelers can enter Finland freely without any additional health safety measures when they are fully vaccinated, have had a COVID-19 infection before, are born in 2006 or later, or arrive from a country with low virus incidence.