Consumer Travel Spend Priorities 2023
To understand how consumers are prioritizing travel, and what they are expecting from the industry over the next twelve months, we surveyed 4,500 travelers.
Outpayce from Amadeus undertook its Consumer Travel Spend Priorities study for the second time to understand if traveler priorities had changed during the last 12 months.
The report has confirmed that despite continuing economic uncertainty, consumer demand for travel is expected to remain strong over the next twelve months, as international travel was ranked as the highest area for discretionary spend.
Although demand for travel is strong, consumers are paying close attention to the cost of travel, Foreign Exchange (FX) charges and are looking for flexible payment options like Buy Now Pay Later (BNPL). How can you provide the transparency and flexibility consumers are looking for?
What you’ll discover in this report
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Current travel spending habits: where consumers want to place their discretionary spend
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Planned travel investment: amount consumers are planning to spend on travel over the next year
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Traveler demands: how consumers intend to pay for their trips, and what they value most