The cost of your next flight is likely to go up, according to industry experts.
22.05.2024 - 12:03 / traveldailynews.com / Miguel Sanz / Vicky Karantzavelou
75% of Europeans plan to travel between May and October 2024, with interest in leisure travel rising 5% compared to last year. Older age groups are especially eager to travel, while younger travellers are more likely to book in advance.
BRUSSELS – According to the European Travel Commission’s (ETC) latest report, “Monitoring Sentiment for Intra-European Travel” Wave 181, intention to travel between May and October 2024 among surveyed Europeans has reached 75%. This marks a significant 3% increase compared to the same period last year.
37% of respondents intend to embark on a single trip, and 57% are gearing up for two or more getaways during this period. Destinations in Southern Europe are preferred by 43% of travellers, with Italy and Spain topping the list.
With European air traffic now within touching distance of pre-pandemic levels, intention to fly to vacation spots has reached 55%, an increase of 5% compared to the same period last year. Meanwhile, 28% of travellers plan to drive to their destinations, and 13% are opting for more eco-friendly travel by train or bus.
Commenting on the findings, Miguel Sanz, President of ETC, said: “It is very positive to see Europeans maintaining their desire to travel despite the ongoing geopolitical and economic circumstances. Popular destinations will continue their strong performance this summer season, but there are also great opportunities for lesser known and quieter destinations as many travellers look for peaceful, authentic experiences.”
Despite security concerns and financial constraints, Europeans are displaying remarkable resilience when it comes to travelling this summer season. Enthusiasm for travel is cutting across all age demographics above 25, reaching up to 81% among more mature travellers (aged over 55).
This determination, coupled with a desire to secure a holiday at a more favourable price, leads to early bookings. Some 52% of European travellers (including 56% of those aged 18-24) have already fully or partially booked their upcoming trips.
The most popular trip length is four to six nights, favoured by 36% of respondents. This is followed by seven to nine nights (26%) and more than ten nights (21%). Travel budgets have stayed consistent compared to a year ago, with 42% of respondents planning to spend up to 1,000 euros per person on their next trip, covering both accommodation and transportation costs.
Amidst geopolitical tensions, extreme climate events and economic uncertainties, prioritising safety has become paramount in shaping travellers’ decisions. Feeling safe is the number one criterion when selecting a destination (16%), followed by pleasant weather (13%), bargains and attractive deals (11%), friendly local communities (9%), and
The cost of your next flight is likely to go up, according to industry experts.
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