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News / Travel Leaders: Advisors are Optimistic About Business for 2020
Travelers are planning on spending more money on travel in 2020
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Travel Leaders Group recently completed its 2019-20 travel trends survey. Optimism among Travel Leaders Group advisors with respect to their travel business remains high at 81%. Most clients are booking six- to seven-day trips (43%) followed by eight- to 10-day trips (27%) and four- to five-day trips (15%).
Travel Data
According to the survey, travelers are planning on spending more or significantly more money on travel in 2020 (57%). The majority of advisors (54%) said clients have also expressed interest in using credit card rewards points to pay for all or part of their travel.While parents traveling with small children (26%) remains a top family travel trend, travel advisors have reported growth in adult children traveling with their parents (26%) as well as grandparents traveling with grandchildren (24%) over the past three years. In addition, 41% have also reported a slight increase in the number of bookings for multi-generational family vacations.
Travel Advisors Data
But what are clients looking for when they book with travel advisors? The most desired amenities/options that families are seeking include:- Non-stop flights (75%)
- Adjoining rooms or multi-room units/accommodations (61%)
- Proximity to major attractions or sightseeing locations (52%)
- Free breakfast (47%)
- Children’s programs (33%)
The Travel Leaders Group travel trends survey was conducted in the fourth quarter of 2019 with more than 400 travel advisors participating.
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