In our second annual report, we surveyed more than 600 luxury travelers from the United States to understand what they’re doing, where they’re going and how they will make their travel decisions in 2023.
Table of Contents: Executive Summary / Key Findings / Solving Luxury Travel Payments / Methodology
In stark contrast to the empty airports and near-silent air traffic that defined the height of the pandemic, the Spring of 2022 saw U.S. leisure travel finally return to 2019 levels. Call it “revenge travel,” or pent-up demand, but with the continued re-opening of popular travel destinations alongside the loosening of COVID-restrictions and Americans’ hyper-flexible work schedules – the travel industry finds itself in another golden age.
Luxury travelers, in particular, are eager to continue to invest more in unique experiences to fill their cups up after years of staying home. Their vacations, on average, will be longer this year compared to last. They are more likely to combine business trips and vacations, and they’re spending more than ever. And the rise of the 4-day work week, along with hybrid work schedules, is allowing them to travel more in the “off-season.”
These are some of the takeaways of our second annual survey, which examines the sentiments, behaviors and wish-lists of luxury travelers from the U.S. In this report, we compare insights from 2022, and also introduce new themes that we gleaned from modern travelers today. Read this interactive report to learn more about what luxury travel means today, where individuals want to go, how they prefer to take their trips, and much more.