WHY IT RATES: Survey outcomes reveal journey tendencies for 2023, together with frequency of journey, timing of journey, and anticipated spending habits of vacationers. –Janeen Christoff, TravelPulse Managing Editor
International Medical Group (IMG) has launched the outcomes of its annual Travel Outlook Survey that surveyed IMG clients about their 2023 journey plans. The survey reveals 44% of respondents plan to journey internationally three or extra occasions all year long, a 16% enhance in comparison with 2022 survey outcomes.
“It’s clear that people’s desire to travel, whether internationally or domestically, is not slowing down in 2023,” mentioned Steve Paraboschi, IMG President and CEO. “After the huge rebound in travel we saw in 2022, IMG is well-positioned for travel to continue to increase in 2023 with our market-leading products and customer service.”
Travel Outlook Survey Findings
Travelers are desirous to journey sooner in 2023 than they had been in 2022.
-72% plan to take their subsequent worldwide journey earlier than August 2023
-41% enhance in comparison with 2022 survey outcomes
-In 2023, vacationers are getting ready to spend extra money than they usually have prior to now.
-35% plan to spend extra on journey in 2023 than they did in 2022
International and/or emergency medical protection continues to be a very powerful insurance coverage profit to vacationers in 2023, whereas protection for journey cancellation and journey delay is shut behind.
Top Concerns Travelers Have While Planning or Taking a Trip
-Getting sick or having an accident whereas at their vacation spot
-Needing to cancel their journey earlier than departure
-Issues attending to or from their vacation spot
-Needing to interrupt a visit whereas at their vacation spot
“IMG has been a respected leader in the travel medical insurance market for dozens of years, but interest in our iTravelInsured plans, which provide trip cancellation, trip interruption, and travel delay benefits, has never been higher,” mentioned Paraboschi.
Many vacationers plan to journey domestically in 2023, however a portion of vacationers do not historically spend money on journey insurance coverage with journey cancellation and/or journey delay advantages for such journeys.
-89% plan to journey domestically in 2023
-48% plan to journey domestically 3+ occasions in 2023
-Only 19% bought journey insurance coverage with journey cancellation and/or journey delay advantages for no less than 1 home journey in 2022
“These results show that there is a great need for travelers to better understand the importance of travel insurance, even for their domestic trips,” mentioned Amanda Winkle, IMG Chief Operating Officer. “Travelers are planning to spend more on their trips this year and are concerned about the ability to cancel those trips, which is all the more reason why travelers need to be purchasing travel insurance to protect their investments.”
The Top 5 Countries Respondents Plan to Travel to Next
-Mexico – prime nation 3 years in a row
-Canada
-Japan
-Italy
-Spain
To be taught extra about IMG’s award-winning journey and well being security options, please go to www.imglobal.com.
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Source: www.travelpulse.com”