Travel Protection Trends For The 2024 Holiday Season & The Importance of Offering Travel Protection
As the holiday season approaches, travelers worldwide are gearing up for their winter adventures. Whether it’s family reunions or tropical getaways, this time of year is among the busiest for travel. In this blog post, we aim to highlight key data points about holiday travel and emphasize the vital role of travel protection during this season. Our analysis is based on policy sales data for departure dates from November 17th to January 5th, 2025.
Key Travel Statistics for the 2024 Holiday Season
- Average Trip Cost: This holiday season, the average trip cost is $1,800.
- Average Number of Travelers Insured: Based on our findings, 1.27 travelers have secured a travel protection plan to help protect their travels.
- Domestic vs. International Travel: The data shows a distribution of 99% traveling domestically and 1% venturing abroad.
- Top 3 Traveling Countries: According to our findings, the top three countries travelers are heading to this year are the United States, Canada, and Mexico.
- Top 3 International Destinations: The leading international destinations for holiday travel, as shown in our policy sales data, are Canada, Mexico and the United Kingdom.
Why Travel Protection is Essential
Winter travel, while exciting, can be fraught with disruptions. Here are several factors that can impact holiday plans:
1. Severe Weather Conditions: Snowstorms, icy roads, and heavy rainfall can lead to flight delays and cancellations. Travel protection may provide coverage if a trip is affected by inclement weather.
2. Health Emergencies: Winter illnesses can strike at any time. With flu season in full swing, having a travel protection plan may help cover unexpected medical expenses incurred while away from home.
3. Trip Interruptions: Family medical emergencies may necessitate cutting trips short. Travel protection may assist in recovering costs associated with unused trip segments.
4. Lost or Delayed Luggage: Increased travel volume raises the risk of lost or delayed luggage. Travel protection may help cover essential items and costs until the luggage is returned.
As travelers prepare for the holiday travel season, it's essential to offer travel protection solutions to your clients. By partnering with Generali Global Assistance, you are choosing a trusted travel protection provider that can help protect your clients should they need to navigate unexpected disruptions.
Remember, a little preparation can lead to a much smoother journey. Statistics reveal that approximately 31% to 33% of all flight delays occur during the winter months, particularly around the holiday season. For example, in 2023, 31.9% of flights were delayed during this peak travel period (UpgradedPoints.com)(Travel Agent Central). This trend underscores the increased risk travelers face and the essential role travel insurance plays in providing coverage for unexpected disruptions.
Together, we can provide peace of mind to travelers and make this holiday season a safe and enjoyable experience for all. Wishing everyone a safe and happy holiday season in 2024!