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American Express Travel Survey Finds Pursuing Personal Interests Drives Travel Despite Current Economic Conditions
2008-07-29 10:36:00
American Express Travel Survey Finds Pursuing Personal Interests Drives Travel Despite Current Economic Conditions
From Food to Music to Sporting Events, 87% of Respondents Indicate that
Travel Involving Personal Interests Will Remain the Same or Increase Over
the Next Two Years
NEW YORK, July 29 /EMWNews/ -- From jetting overseas for a culinary
experience to a desire to learn life-enriching skills while on vacation,
travelers are intent on continuing to pursue travel experiences that allow
them to indulge in their personal interests despite the softening economy,
according to a recent survey of 501 U.S. adults by American Express Travel.
Indeed, 87% of respondents indicated that the number of vacations involving
one or more personal "passions" would either remain the same or increase
over the next two years; of those, 28% indicated that they expect the
number to increase.
These findings may come as somewhat of a surprise in light of the fact
that 90% of respondents indicated that they feel the US economy is
currently in or edging toward a recession. But at least 60% of respondents
say that it's because travel is so important to their mental health and
lifestyle that they have not let economic concerns impact their plans.
Although these travelers are not immune to the softening economy, they are
still moving ahead with their vacation plans but acting more resourceful in
their planning. Taking savvy approaches to travel, 66% of respondents are
tapping into rewards points or miles earned to offset costs, 58% are
visiting more affordable destinations, and 24% are taking shorter
vacations.
"Given the uncertain economy, we wanted to see how people's passions
drive behavior when it comes to travel," says Audrey Hendley, vice
president of marketing, American Express Travel. "The survey results
overwhelmingly show that people whose vacations are tied to personal
interests intend to continue to travel by taking advantage of money-saving
resources, such as rewards programs."
The Purpose-Driven Vacation
From cooking and fitness to theatre and the arts to fashion and
spectator sports, the survey found that personal interests are key drivers
in vacation decisions. A few interesting facts:
-- 87% of travelers indicate that personal interests drive the majority
of their vacation plans
-- 60%* of travelers say the stronger they feel about a passion, the
further they've traveled for it
-- 57%* of respondents are willing to travel any distance to explore
their personal interests
-- 36% of those surveyed said they wouldn't consider a vacation
destination that doesn't help them fulfill at least one personal passion
-- 71%* of respondents have discovered a "new passion" while on
vacation
-- 34% of vacationers have discovered a passion on vacation and
incorporated it into their home life
*% - agree strongly/somewhat on a 4-point scale.
Vacations that incorporate personal passions also tend to be longer by
almost double the number of days compared to those trips that do not
include personal interests (16 days versus 9); more frequent (6 trips
versus 3); and more expensive ($3,900 versus $2,400).
America's Favorite Passions
While the survey showed that Americans have a broad array of passions
and interests, here are just a few popular ones:
Culinary Interests: A growing number of travelers are inspired by the
desire to expand their culinary horizons. In fact, 42% of respondents said
that culinary factors, including the ability to try new cuisine and indulge
in truly exotic/native dishes, were extremely/very important to their
travel choices. This was particularly true among the younger respondents
(18-34 year-olds), of which more than half (55%) said the ability to enjoy
distinctive culinary experiences while on vacation was either extremely or
very important.
Sporting Events: 28% of respondents have traveled to attend a sporting
event in the past.
Adventure: 25% of respondents have taken a vacation in pursuit of
adventure and thrill from hiking to whitewater rafting.
Music: 21% of respondents have taken a vacation that included attending
concerts and/or music festivals.
Educational travel: More than 15% of respondents reported traveling to
delve deeper into the history and/or culture of a particular destination.
At American Express Travel
Many travel counselors at American Express Travel report seeing an
increasing number of travelers book vacations with specific interests in
mind. For example, one travel counselor arranges travel for a horse racing
aficionado client that travels faithfully throughout the year following the
circuit, from the Kentucky Derby to Preakness and Belmont. Another travel
counselor reports working with a group of travelers that visits London
every year to enjoy the latest theater productions. Other travel counselors
routinely get requests from clients interested in visiting the best
destinations around the world for surfing or skiing. And many travel
counselors attribute the growing draw to Africa to the increasing number of
photography and nature aficionados in pursuit of their passions.
"The great benefit of American Express Travel is that we have hundreds
of travel counselors that have expertise in categories of travel-
adventure, safari, ski -- as well as expertise in an endless list of
destinations listed on americanexpress.com/travel," says Hendley. "In
addition, American Express Travel offers vacation experiences customized
not only for any traveler or personal interest, but also for every budget."
About the American Express Travel Survey
Data for this travel survey was collected via an online poll conducted
by Harrison Group on behalf of American Express Travel of 501 consumers
across the U.S. The poll was fielded in early June 2008. All statistics
reflect the percentages of consumers polled.
About American Express Travel
American Express entered the travel agency business in 1915 and today
is one of the largest travel agency networks. The company has Travel and
Foreign Exchange Services locations worldwide.
American Express Company (http://www.americanexpress.com) is a leading global
payments, network and travel company founded in 1850.
About Harrison Group
Harrison Group (http://www.harrisongroupinc.com) is one of the country's
leading marketing and strategic consulting firms. Based in Waterbury,
Connecticut, Harrison Group specializes in concept testing, forecasting,
segmentation, branding and market modeling for some of America's leading
companies, including financial service firms, software, and technology
companies, retailers, consumer package goods companies, pharmaceutical
manufacturers and interactive entertainment companies.
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