Journey Will get Longer, Pricier, and Extra Adventurous

Journey Will get Longer, Pricier, and Extra Adventurous

ST. PETERSBURG Fla., Nov. 28, 2022 /PRNewswire/ — In preparation for the vacation journey season, journey insurance coverage comparability web site Squaremouth.com analyzed information from 1000’s of vacation vacationers to establish 4 developments indicating a brand new period of journey.

Winter Holidays are Getting Longer and Extra Costly

After two winters marred by journey precautions, Individuals are extra excited to spend the vacations on trip.

  • Vacation season journeys are averaging round two weeks in size.
  • The common journey value is round $6,784 – 57% larger than the common journey value as of Fall 2022 and 28% larger than the Summer time 2022 common.

Sunny Locations Stay Common in Winter

Though journeys to the Caribbean dropped in Summer time 2022, vacationers are as soon as once more choosing hotter climate locations within the winter months.

Mexico, The Bahamas, Costa Rica, and the Dominican Republic are among the many high insured journeys this vacation season, comprising a mixed complete of 1 in 5 insured journeys (21.11%).

High 10 Winter 2022 Locations

Nation

P.c of Gross sales

Common Journey Value

Common Journey Size in Days

United States

13.82 %

$5,164.08

8

Mexico

12.07 %

$4,232.62

8

Bahamas

4.00 %

$3,380.07

7

Israel

3.27 %

$6,547.73

12

Germany

2.87 %

$5,297.42

12

Antarctica

2.63 %

$17,975.78

17

Costa Rica

2.54 %

$6,807.11

10

Dominican Republic

2.50 %

$4,632.98

8

France

2.41 %

$5,492.42

12

Italy

1.92 %

$5,674.86

13

Antarctica Turns into High Vacation spot for the First Time

For the primary time ever, Antarctica is turning into a must-see winter vacation spot for vacationers.

  • Antarctica is the seventh hottest vacation spot, accounting for two.63% of complete gross sales
  • Over the identical interval throughout the final decade, winter journeys to Antarctica have solely represented a mean of 0.47% of all journey insurance coverage gross sales

European Christmas Markets Again on Itineraries

Two well-liked locations are again within the high 10 for the 2022 vacation season:

  • Each identified for deep vacation traditions, Germany and France have been among the many high vacation locations, collectively accounting for simply over 5% of insured journeys.
  • This yr marks the primary time because the 2019 vacation season that each international locations have been among the many high locations.

Methodology: Squaremouth analytics in contrast journey insurance coverage coverage gross sales for journeys being insured between November 21, 2022 and January 8, 2023.

Notes to editors

Vacationers can quote, examine, and purchase journey insurance coverage for his or her vacation journey on Squaremouth.com. Squaremouth sells over 90 plans from 20+ suppliers, and gives the most important portfolio of merchandise providing protection associated to the Covid-19 pandemic.

Out there Matter Skilled: Megan Moncrief, Chief Advertising and marketing Officer, and Joe Cortez, Journey Skilled & Analyst, can be found for remark and interview. Contact [email protected] to rearrange an interview.

Squaremouth maintains an inventory of nation insurance coverage necessities right here: https://www.squaremouth.com/locations

About Squaremouth: Squaremouth.com has insured over 2 million vacationers. Utilizing Squaremouth’s intuitive quoting and comparability engine, award-winning help workforce, and verified buyer critiques, vacationers can save money and time to search out the perfect journey insurance coverage coverage for his or her journey.

SOURCE Squaremouth

Journey Will get Longer, Pricier, and Extra Adventurous

ST. PETERSBURG Fla., Nov. 28, 2022 /PRNewswire/ — In preparation for the vacation journey season, journey insurance coverage comparability web site Squaremouth.com analyzed information from 1000’s of vacation vacationers to establish 4 developments indicating a brand new period of journey. Winter Holidays are Getting Longer and Extra Costly After two winters marred by journey precautions,…