US Travelers Plan to Spend 40 More on Overseas Travel
According to the Global Travel Intentions Study 2013, US travelers plan to significantly increase their travel budget on their next international trip.
Findings revealed that travelers plan to spend 40percent more on their next international trip compared to their last trip, opposed to travelers outside the U.S. who plan to increase travel spend by just 4.6percent.
More than half of US travelers surveyed plan and book their trips using online review and booking sites and 38percent choose destinations rich in cultural experiences.
US travelers are more likely than their global counterparts to use credit cards while traveling internationally (81percent versus 74percent) and, citing cash as cumbersome to carry around, most bring minimal cash during trips. According to the study, having control over their expenditures and security are the top two reasons why US travelers use cards (70percent).
Results show that Americans enjoy treating themselves while on vacation, with dining (29percent) and retail (24percent) accounting for the majority of travel spend.
US travelers rely heavily on the web for planning their travel (79percent versus 71percent of international respondents). The differences increase during the booking phase, when Americans are about 20percent more likely to use online sources than their global counterparts.
