Why has travel experienced a surge?

Published on 13 December 2024 at 15:55

Social Media Influencers have drastically impacted traveling across the world.  Due to the brand spectrum of content available, this gives travelers an insight of what to expect before they arrive at their destination. 

Nahdayia Sealey

Social media has become an essential element for the travel industry through major platforms such as Twitter,  Instagram, WhatsApp, and TikTok and has created further reach to the tourism sector. In 2024, Americans have reprioritized travel with 50% of people planning to travel much more than in the previous year. 85% will travel the states and 38% are planning to travel internationally. Reasons for traveling? For many, it is to spend time with family, friends, and vacation. Other Americans have hopped on a travel trend called "surprise trips" where the details of location are kept a secret until departure.

 

Many influencers have inspired this trend, and the top destinations for Americans this year have been Hawaii, Florida, and New York. Many customers have cared more about the experience of travel rather than the price. 79% of these customers were Gen Z, 75%  Gen X, and 72% Baby boomers. Individuals who are typically aspirational travelers, now base their trip destinations on how Instagrammable the destination will be. With this, influencers are more inclined to showcase their experience whether positive or negative. This has given travelers transparency and enabled valuable resources before making a decision. 

 

Due to a strong summer season of travel,  the Aviation Advisor Company and IBA forecasted that for the first time ever revenue passenger kilometers will pass 9 trillion in 2024. The record of 8.6 trillion was in 2019, so this displays an 4.2 % increase. Delta Airlines ranks first by brand value and revenue. They operate with a double digit margin and free cash flow of $3 billion year to date. By 2029, the Travel and Tourism industry projects a market volume of $1,114.00bn.

 

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