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Allianz Partners 2024 travel forecast: Trends, Tips for the busy season ahead

Friday, January 12, 2024

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Discover 2024’s travel trends & tips! From solo trips to cruises, learn how to navigate vacation mishaps & protect your trip with Allianz.

In 2023, American enthusiasm for travel was evident, despite the typical peak season challenges of extended lines and delays. The upcoming year looks promising, with a continued strong desire for travel and creating new experiences. This overview provides insights into the travel scene for 2024, highlighting prevailing trends and offering practical advice from Allianz Partners USA on managing common vacation issues.

Emerging Travel Patterns for 2024
The 15th Annual Vacation Confidence Index by a notable travel insurance and assistance firm reveals interesting trends. A significant portion of young adults aged 18-34 prioritize wellness and self-care in their travels, and a considerable number express interest in solo journeys. These trends, though not new, are expected to gain more traction in 2024, especially among younger travelers who value their impact on personal development. Additionally, the firm’s recent survey of travel advisors indicates a surge in cruise bookings, particularly ocean cruises, followed by river, expedition, and themed cruises. The demand for expedition cruises, in particular, shows signs of increasing, as indicated by travel advisor bookings and passenger feedback.

As for travel destinations, aside from cruises, major global sporting events are set to attract large audiences, including the 2024 Olympics in Paris and the UEFA Euro 2024 in Germany. Allianz Partners’ survey also notes a 55% increase in European travel during the summer of 2023 compared to the previous year, with expectations of a further rise in 2024. This increase is partly due to “revenge” travel, with destinations like Madrid, Barcelona, and Lisbon observing notable growth in travel bookings.

Vital Tips for a Secure Travel Experience
For those heading to sunny European beaches or embarking on cruise adventures, Senior Medical Consultants at Allianz Partners USA, Dr. Eugene Delaune and Dr. Jim Evans, share essential advice. They recommend sunscreen for beachgoers and suggest ginger remedies for those prone to seasickness. Awareness of local wildlife and currents is crucial for ocean swimmers. For ski enthusiasts, Dr. Evans emphasizes the importance of wearing helmets, regardless of skill level, to prevent injuries and stay warm.

Smart Ways to Safeguard Your Finances
Effective planning is crucial for a hassle-free trip, and including a travel insurance policy for medical emergencies is a smart move. Travel insurance offers various benefits, including coverage for travel delays. In 2024, as global passenger traffic hits new heights, having travel insurance can be a financial lifesaver in case of covered delays. Allianz Partners’ TravelSmart mobile app enhances the travel insurance experience, providing policy access, emergency assistance, medical term translations in multiple languages, and locating nearby medical facilities. This app is available to both policyholders and non-policyholders.

Allianz Partners’ travel insurance is available through major U.S. airlines, travel agents, online travel platforms, hotels, cruise lines, and directly to consumers.

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