Affluent consumers say they will invest more in travel than luxury goods next year.
Findings from the survey showed that nearly 60 percent plan on spending more on travel in 2023 compared to 10 percent of respondents who say that they would cut back. Respondents noted that health and safety were their top concerns when choosing a destination. Meanwhile, 61 percent of those surveyed stated that wellness was vital when deciding what destinations and hotels to visit for the upcoming year.
The survey results reinforced another trend—many travelers prefer to fly less but lengthen their trips. That correlates with the rising number of digital nomads, a new class oflooking for stays that can extend several months for short-term residence. Forty-five percent of the respondents said they were interested in planning more eco-friendly trips next year, regardless of length.
Travelers who undertake far-flung adventures abroad will likely have to shell out a bit more next year. Over the last three years, the industry has seen a 10 percent uptick in the price of a
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