Jan 23, 2025 | Aon
More travelers are factoring in severe weather risks when planning their vacations, according to a new survey from Aon Affinity Travel Practice. With unpredictable patterns becoming a growing concern, the survey found that over half of Americans (56%) are now reconsidering travel to destinations prone to hurricanes, blizzards, and other extreme conditions – a notable increase from 2019 (49%).
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Jan 23, 2025 | Aon
Millennials and Gen Z present a significant opportunity for the cruise industry. Data from the Cruise Lines International Association (CLIA) Sentiment Perception and Intent Survey indicates that more than one-fifth of global cruise travelers are millennials (those between 27 and 44 years old) and millennials combined with Gen Z, who range from 12 to 27 years old, account for 36% of cruisers.
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Jan 07, 2025 | Aon
A new survey from Aon Affinity, the affinity business of Aon plc (NYSE: AON), reveals key reasons driving Americans to purchase travel insurance. Notably, 41% of Americans who bought coverage did so to avoid losing money if they had to cancel, while 39% cited fears about unexpected issues arising before departure after booking months in advance.
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Oct 25, 2024 | Aon
Luxury travel is no longer just for the ultra-wealthy or older generations. Younger, experience-driven travelers are reshaping the high-end market, prioritizing authenticity and unique experiences over traditional opulence. Case in point: according to research by McKinsey, “35 percent of the luxury-travel market is now composed of travelers with net worths of between $100,000 and $1 million” and “80 percent of the luxury leisure market is in fact made up of people below the age of 60” with spending peaking between the ages of 40 and 60.
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