Posts Tagged ‘international travel’

Where To Go In 2020: US Tour Operators Reveal Top Travel Trends For 2020

January 2, 2020

Eric2018-Ven-Tri-Ist Bike_083118_1480e2(c) Karen Rubin-Porec.jpg

Arriving in Porec, Croatia, the end-point of Biketours.com’s 8-day self-guided bike tour that started in Venice, Italy. US tour operators see Croatia as a top emerging destination; Italy as the most popular destination for 2020 © Karen Rubin/goingplacesfarandnear.com

The United States Tour Operators Association (USTOA) released results of its annual travel trend and forecast survey of the association’s active tour operator members naming Italy the most popular destination for travelers in 2020.

The top five “hot” destinations for next year also included France, which ranked second; followed by Spain, Greece and the United Kingdom (tied for third); Ireland and Japan (tied for fourth), Germany tying South Africa for fifth.

“Europe has a very strong presence, which we saw in last year’s survey reinforcing continued interest and growth in European travel among US consumers, driven by both more product and more demand,” cited Terry Dale, President and CEO of USTOA.

USTOA tour operator members also identified their top five off-the-beaten path or emerging destinations that they see gaining popularity in 2020: Egypt, Croatia and Colombia tied for first. “Egypt topping the list is the epitome of a destination comeback story,” added Dale. “It reinforces a strong return in popularity and demand among travelers, after several challenging years.”  Making the list for the first time, Slovenia was named second, followed by Thailand, Vietnam, and Morocco and Ethiopia (tied for fifth).

On the domestic front, USTOA members forecast California as the most popular U.S. destination for clients in 2020. New York came in second, with Florida and Nevada tied for third, followed by Arizona, and Alaska and Hawaii (tied for fifth).

Arts and culture was cited by survey participants as the top travel category driving sales in 2019, wildlife and nature followed in a close second.  Local immersion, small groups/small ships and uncharted destinations were named by Active Members as the top three travel trends projected to grow the most over the next five years.

Members were also asked to name the destinations/sites that travelers should see now, with some sense of urgency before overcrowding, climate change or other factors impact the experience.

Antarctica was named first, followed by Machu Picchu in Peru, and Australia’s Great Barrier Reef and Venice, Italy (tied for third).

Who is Traveling?

Just shy of two thirds (60%) of members’ customer base are 51 years of age and older. The next largest age group is 35 to 50 years old, representing 20% of customers. Almost half (44%) of members named multigenerational family as their top growing passenger category in 2019.

Growth Ahead

Roughly 82% of USTOA tour operator members anticipate growth in sales for the year ending in 2020 with nearly half (45%) “optimistic” and forecasting a “boom year” with growth anywhere from seven to 10% or higher.

“Member confidence levels for the year ahead are high with roughly three quarters of our tour operator members ‘confident’ or ‘highly confident’ that revenues will increase in the coming year,” said Terry Dale, president and CEO for USTOA.  “This is particularly encouraging especially as we approach a election year, when, historically, consumer spending is more conservative.”

“In fact, when asked about potential threats to traveler confidence in the year ahead, the presidential election year topped the list,” Dale continued. Recession was named the second global risk that could impact potential growth in 2020, followed by global financial instability in third.

Research from the new member survey was revealed at USTOA’s Annual Conference & Marketplace, December 2 to December 6 at the Omni Orlando Resort at ChampionsGate in Orlando, FL.

For more information on USTOA, visit www.ustoa.com, call 212-599-6599, or email information@ustoa.com.

Representing nearly $19 billion in revenue, the member companies of U.S. Tour Operators Association provide tours, packages and custom arrangements that allow 9.8 million travelers annually unparalleled access, insider knowledge, peace-of-mind, value and freedom to enjoy destinations and experiences across the entire globe. Each member company has met the travel industry’s highest standards, including participation in the USTOA’s Travelers Assistance Program, which protects consumer payments up to $1 million if the company goes out of business.  As a voice for the tour operator industry for more than 40 years, USTOA also provides education and assistance for consumers and travel agents.

 

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US, Italy, France Among Top 10 Spring Break Destinations; Switzerland, Greece, Morocco Showing Biggest Increase in Bookings

February 23, 2019
Greece

Meteora, Greece. Travel to Greece is on the upswing. © Karen Rubin/ goingplacesfarandnear.com

NEW YORK – The global luxury travel network Virtuoso® is revealing the around-the-world locations where upscale travelers plan to spend their spring breaks this year, including destinations showing renewed strength following down periods. A leading trend forecaster, Virtuoso has examined its $49.5 billion in transactions to showcase the top destinations for March and April. With holidays occurring deeper into April this year, the prolonged spring travel period will allow visitors to enjoy warmer temps in many of these must-have destinations. 

The Virtuoso Top 10:

The most popular destinations for spring travel based on future bookings.

  1. United States                                                   6. Israel
  2. Italy                                                                 7. Japan
  3. France                                                             8. Australia
  4. United Kingdom                                              9. Spain
  5. New Zealand                                                   10. China

 The Top 10 analysis: Americans are staying closer to home this spring, seeking the sun in cities such as Los Angeles, Miami and Orlando. Eternally desirable Europe holds four spots on the list; Italy and France exhibit year-round popularity. U.S. travelers are benefiting from a favorable exchange rate against the euro and pound, and spring’s shoulder season is ideal for enjoying the continent minus the summer crowds. New Zealand and Australia beckon families this time of year with their pleasant temperatures and abundance of active experiences. As the birthplace of major world religions, Israel holds great appeal as an educational family destination, with spring a peak season due to Easter and Passover celebrations. Travelers wanting to see Japan’s famed cherry blossoms are heading there in increasing numbers, as the country is also the top emerging destination of 2019, according to the Virtuoso Luxe Report.

The Virtuoso Hot 10:

The countries that have seen the largest percentage of growth in year-over-year bookings.

  1. Switzerland (+589%)                                      6. Spain (+112%)
  2. Greece (+312%)                                              7. Turks and Caicos (+90%)
  3. Morocco (+302%)                                          8. New Zealand (+84%)
  4. Japan (+220%)                                                9. Chile (+78%)
  5. United Arab Emirates (+197%)                      10. Puerto Rico (+70%)

The Hot 10 analysis: Switzerland is riding a wave of mounting popularity among upscale Americans for its exquisite scenery, abundance of world-class hotels and outdoor activities. Greece continues the upward trajectory Virtuoso first noted for last summer, as the country started emerging from financial challenges. Also returning strongly: North Africa and Middle East destinations such as Morocco and the United Arab Emirates. Growth in bookings to the region, first observed last fall, continues from luxury travelers. Another comeback story is the Caribbean, represented on the list by Turks and Caicos and Puerto Rico. Chile is emerging as a culinary destination, and numerous grape harvest festivals attract wine fans during March and April.

Data is obtained from Virtuoso’s U.S. travel agency members and displays future travel for March and April 2019. 

Virtuoso® is a leading international travel agency network specializing in luxury and experiential travel. This by-invitation-only organization comprises over 1,000 travel agency partners with 20,000 elite travel advisors in 50 countries throughout North America, Latin America, the Caribbean, Europe, Asia-Pacific, Africa and the Middle East. Drawing upon its preferred relationships with over 1,800 of the world’s best hotels and resorts, cruise lines, airlines, tour companies and premier destinations, the network provides its upscale clientele with exclusive amenities, rare experiences and privileged access. More than $26.4 billion in annual travel sales makes Virtuoso a powerhouse in the luxury travel industry. For more information, visit www.virtuoso.com.

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Where to Go in 2019: USTOA Reveals Top Destinations, Travel Trends

February 7, 2019
Venice_082518_576e2(c) Karen Rubin

Venice, Italy. USTOA named Italy as the top destination for 2019, but also raised concern about the impact of overtourism in the most popular places, like Venice. © Karen Rubin/goingplacesfarandnear.com

Tour operator members of the United States Tour Operators Association (USTOA) named Italy the most popular or “hot” destination for travelers in 2019, in a recent survey conducted by PriceWaterhouseCoopers LLP (PwC).

The top 10 “hot” destinations for the coming year also included Iceland, which ranked second, followed by Japan, Vietnam, Australia, France, Spain, Colombia, Cambodia and Portugal.

USTOA tour operator members also identified their top 10 off-the-beaten path or emerging destinations that they see gaining popularity in 2019: Iceland ranked first, Cambodia ranked second, followed by Croatia, Colombia, Vietnam, Portugal, Bhutan, Bolivia, Myanmar, and Ethiopia.

“It’s interesting see five destinations – Iceland, Cambodia, Colombia, Vietnam and Portugal – appear on both the hot destinations and emerging destinations lists,” added Terry Dale, President and CEO of USTOA. “This tells us that off-the-beaten path travel experiences continue to grow in popularity among travelers.”

Demand for immersive, culturally rich travel programs continue to remain high. Roughly 82% of members offer art and culture travel experiences. The art and culture category was also the highest ranked experiential program for travelers in 2017, based on volume of sales. Two thirds of membership offer honeymoon and romance programs, 63% of members offer adventure programs, and more than half (56%) offer multi-generational family programs.

Economic Impact and Growth Ahead

According to the study, the tour operator members of USTOA project to close out 2018 with sales reaching $18.7 billion dollars, representing 9.8 million individual travelers.

Furthermore, member operators are extremely confident about business in the year ahead: 100% of responding tour operator members anticipate growth in sales in 2019.

“Since the first PwC study was commissioned in 2012, it’s the first time we’ve seen such a bullish response with our entire membership projecting growth ahead,” said Dale. “It’s even more encouraging that more than half of members (56%) forecast growth of sales ranging from seven to 10% or more in 2019, indicating a potential boom year.”

While the Active Members of USTOA view the upcoming year with optimism, they also addressed the global risks that could impact the industry over the next three years. Terrorism topped the list with 17% of members responding they are “extremely concerned.”  However, this level of concern is a considerable drop compared to the 2016 PwC study when more than half of member (59%) were “extremely concerned.”

Political instability and overtourism, a new category this year, were the next two global risks that members were “extremely concerned” about, as named by 13% of survey respondents.

In addition, tour operator members projected that roughly 63% of total packages sold in 2018 were through travel agencies, “Reinforcing the critical role of travel advisors in the continued success of members’ businesses,” Dale cited.

When asked whose traveling, tour operator members responded that about half (48%) of their customer base are 51 to 70 years of age. The next largest category was age 36 to 50 years representing 20% of customers. Gender is split evenly with 51% female and 49% male.  Within the escorted/guided and custom tour category, female passengers were represented slightly higher at 59%.

The research was released at USTOA’s 40th Annual Conference & Marketplace, held at the JW Marriott Phoenix Desert Ridge in Phoenix AZ, November 26-30, 2018.

U.S. Tour Operators Association members, representing nearly $19 billion in revenue, provide tours, packages and custom arrangements that allow 9.8 million travelers annually access, insider knowledge, peace-of-mind, value and freedom to enjoy destinations and experiences across the entire globe. Each member company has met the travel industry’s highest standards, including participation in the USTOA’s Travelers Assistance Program, which protects consumer payments up to $1 million if the company goes out of business.  As a voice for the tour operator industry for more than 40 years, USTOA also provides education and assistance for consumers and travel agents.

For more information on USTOA, visit www.ustoa.com, call 212-599-6599, or email information@ustoa.com.

 

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WalletHub: Best Credit Cards for Foreign Travel

May 12, 2018
JF Kennedy International Airport, NY

WalletHub released a study of the best credit cards for foreign travel © Karen Rubin/goingplacesfarandnear.com

With 72 million Americans planning a foreign trip this year, credit cards providing up to 13 international travel benefits and 86% of people not fully understanding how foreign fees work, WalletHub released a report identifying the best cards to use.

WalletHub also released the results of its 2018 Foreign Transaction Fee Survey, which provides insights into people’s attitudes toward and understanding of foreign fees. You can find highlights from both below.

  • 96% of credit cards offer rental car insurance, while 86% offer travel accident insurance and 37% offer a form of luggage insurance.
  • The best credit cards for international travelers are the Bank of America Premium Rewards Credit Card, Bank of America Travel Rewards and Barclays Arrival Premier World Elite Mastercard.
  • 86% of people don’t fully understand when credit cards can charge foreign transaction fees. 82% think foreign transaction fees are unfair.
  • 51% of Americans worry more about foreign transaction fees on credit cards than tariffs on Chinese imports.
  • Two-thirds of people think credit cards should charge lower foreign transaction fees in countries allied with the U.S.
  • Capital One, Discover, USAA and Barclays are the only major issuers that exclusively offer no foreign transaction fee credit cards. Getting such a card, along with a no foreign fee debit card, enables international travelers to minimize the cost of currency conversion.

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Iceland, Colombia, Vietnam Top List of Emerging Destinations for 2018, US Tour Operators Say

February 12, 2018
I

Iceland was named top emerging or “off-the-beaten-path” destination for 2018 by US tour operators © Karen Rubin/goingplacesfarandnear.com

NEW YORK – In a survey of US tour operators, Iceland was named top emerging or “off-the-beaten-path” destination for 2018, moving to the top spot from second in last year’s member survey.  Colombia followed in second, with Vietnam named as third.

When asked for the five most popular or “hot” international destinations for travelers in 2018, members of the US Tour Operators Association (USTOA) named Australia, Spain, Iceland and Italy (tied for third), France, and Japan.  On the domestic front, USTOA members forecast California, Florida and Hawaii (tied for second), New York, Alaska and Nevada (tied for fourth) and Washington DC as the most popular U.S. destinations for clients in 2018.

Members were also asked to name the destinations/sites most “at risk” from disappearing (from over-tourism, climate change or other factors) that travelers should see now. The top three chosen were Antarctica, Cuba and Australia’s Great Barrier Reef.

Arts and culture, adventure, family, and culinary were cited as the most popular travel categories for passengers by survey participants.

In the annual survey of travel forecasts and trends, the tour operators report a strikingly positive outlook for the industry in the year ahead.  Nearly all (95%) USTOA tour operator members anticipate growth in sales for the year ending in 2018. Two thirds (64%) of members are “optimistic” and forecasting a “boom year” with growth anywhere from seven to 10% or higher.

After strong sales increases in 2017, “Member confidence levels for continued growth in 2018 are high,” said Terry Dale, president and CEO for USTOA.  “The reported growth and positive projections the year ahead are particularly encouraging. It speaks soundly to the remarkable resilience of both our industry as well as today’s traveler, who continues to explore, despite the challenges of an ever-changing world.”

While USTOA tour operator members view the forthcoming year with strong optimism, they also addressed the global risks that could impact potential growth in 2018. Terrorism is cited as the biggest threat to consumer confidence, followed by political instability, and global financial instability named third.

In addition, when asked which global events could have the greatest impact for the travel industry in 2018, more than one third (38%) named the sharing economy; a little more than a quarter (28%) cited the Chinese market.

Representing nearly $15 billion in revenue, the member companies of U.S. Tour Operators Association provide tours, packages and custom arrangements that allow 8.6 million travelers annually unparalleled access, insider knowledge, peace-of-mind, value and freedom to enjoy destinations and experiences across the entire globe.   Each member company has met the travel industry’s highest standards, including participation in the USTOA’s Travelers Assistance Program, which protects consumer payments up to $1 million if the company goes out of business. As a voice for the tour operator industry for more than 40 years, USTOA also provides education and assistance for consumers and travel agents. For more information on USTOA, visit www.ustoa.com.

 

For more travel features, visit:

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2016 Travel Credit Card Studies: Save $625 Domestically Plus 11% Traveling Abroad

May 21, 2016
Athens, Greece

Athens, Greece. Travelers can save $625 domestically plus 11% when they travel internationally by shrewd use of credit cards and currency exchange © 2016 Karen Rubin/news-photos-features.com

Up to $625 in travel rewards await the roughly 75% of Americans planning a summer getaway via one of 2016’s Best Credit Cards for Summer Travel, while the 20% of people headed abroad can save an additional 11% by taking advantage of the favorable exchange rates offered by a no-foreign-fee credit card or debit card, according to a pair of studies released by the personal-finance websites WalletHub and CardHub.

Highlights from both reports can be found below.

  • Best Currency-Exchange Option: Using a no-foreign-transaction-fee credit card or a no-foreign-fee debit card is the least expensive way to convert currency, saving international travelers 10.84% relative to Travelex, 6.41% compared to banks and credit unions.
  • Best All-Around: Barclaycard Arrival Plus: 40,000 bonus miles = $400 in travel rewards; 2.1% back on all purchases when you redeem for travel; $89 annual fee ($0 the first year).
  • Best Initial Bonus: Chase Sapphire Preferred Card: 50,00 bonus miles = up to $625 in travel; $95 annual fee ($0 the first year).
  • Best Airline Rewards: Frontier Airlines World MasterCard: 40,000 bonus miles = 2 free round-trip domestic flights; 2 miles per $1 spent on FlyFrontier.com; $69 annual fee.
  • Best Hotel Rewards: Club Carlson Premier Rewards: 85,000 bonus points + 40,000-point anniversary bonus = up to 13 free nights; 10 points per $1 spent at Carlson properties; $75 annual fee.
  • Best Road-Trip Rewards: PenFed Platinum Rewards Credit Card: 5 points per $1 on gas at any station; 3 points per $1 on groceries; potential $15 membership fee.

For the complete list of 2016’s Best Credit Cards For Summer Travel, please visit:
http://www.cardhub.com/best-travel-credit-cards/

To learn more about international currency-conversion costs, see:
https://wallethub.com/edu/currency-exchange-study/21567/

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Kuwait Airways axes NYC-London route after US orders carrier to fly Israelis

December 17, 2015

Kuwait Airways reportedly is terminating service between New York JFK and London Heathrow after the US government threatened legal action over its refusal to sell tickets to Israelis, according to ETN Global Travel Industry News.

On October 29, US Department of Transportation ordered Kuwait Airways to “cease and desist from refusing to transport Israeli citizens between the U.S. and any third country where they are allowed to disembark.”

“Today, Kuwait Airways informed the U.S. Department of Transportation that they will be eliminating service between JFK and London Heathrow,” the US DOT spokeswoman said.

“At the moment, however, the airline will continue to operate its thrice-weekly Kuwait City-New York JFK service, with just the second (and final) leg of its thrice weekly Kuwait City-London Heathrow-New York JFK service affected,” ETN reported (www.eturbonews.com).

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