Travelstride | Top Travel Trends for 2024 | TravelStride (2024)

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Travelstride | Top Travel Trends for 2024 | TravelStride? ›

In addition, solo travel will be a prominent theme in 2024, with 76 percent of millennials and Gen Z (compared to 69 percent of all respondents) saying they plan to take a solo trip this year, with a majority centered around self-love and treating themselves.

Despite expectations for travel costs to rise 3.5% year-over-year in 2024, travelers have an average of about 4.9 trips planned per person, a 2% rise above 2019 levels, according to a survey of over 500 U.S. travelers by Jefferies.

Tokyo is the top trending destination for 2024, according to Tripadvisor. Japan was among the last countries to ease border closures after the Covid-19 pandemic and now that they are open again, tourists are getting in line to visit the country.

A record 4.7 billion passengers are expected to fly globally in 2024, up from the previous record of 4.5 billion in 2019, according to the International Air Transport Association.

In 2025 expect tour buses to be less popular. There's a growing desire for travelers to see how local people really live in other countries. This is the basis of immersive travel. Such immersion can be achieved through homestays and local service projects led by community leaders.

Overall, travel should be affordable in 2024, barring any big surprises. But it depends on where you go and when you go. If you're traveling to Europe, you could spend $8 a gallon on gas. And don't even think about getting an affordable hotel room in Paris this July.

Skift Research believes the industry will return to normal, writes Head of Research Seth Borko. Skift Research said in its newly published 2024 Global Travel Outlook that revenue growth for the travel industry will likely decelerate. However, Borko writes the slowdown isn't a sign of weakness.

In recent times, classic European cities like Paris, Rome, and Barcelona continue to attract tourists with their rich history, culture, and cuisine. Simultaneously, there's a growing interest in less-explored regions like Southeast Asia, including Bali and Vietnam, known for their stunning landscapes and affordability.

Identifying the places that have seen the greatest year-over-year growth in interest, Tokyo, Japan is No. 1 Trending Destination in the World for 2024, followed by Seoul, South Korea at No. 2 and Halong Bay, Vietnam at No. 3.

Why are flights so expensive in 2024? ›

Airfares: what to expect in 2024

Global airfares are expected to rise between 3%-7% next year, as airlines grapple with high fuel costs, sustainability changes and fleet upgrades, according to the FCM Consulting's "Global Trend Report" for the third quarter of 2023.

“July 2024 stands out with the highest rate, marking an 85% increase compared to July 2019,” a company representative told CNBC Travel. The price for luxury train travel is also soaring, with rates for Accor's yet-to-be-opened La Dolce Vita Orient-Express climbing 75% in 16 months.

In February 2024, the airline industry achieved full recovery in total passenger traffic, surpassing the 2019 threshold by 5.7%. Annual growth in Revenue Passenger-Kilometers (RPK) reached 21.5% year-on-year (YoY).

Booking.com reports that the "workation" trend is going strong. More than 50% of travelers say they would extend their business trip to enjoy personal time at their destination. Search growth for "workcation" fluctuates quite a bit. But is consistently growing (1,500% in the last 5 years).

Travel appetite started the year on a softer note, but overall growth continued. Air passenger growth remained positive, up 6% versus the prior year but lower than the double-digit growth seen through 2023. Foreign visits remained strong, up 24% YoY.

“We will have mass and virtual tourism, which can be practiced in a lounge (at a lower cost) via the metaverse for example.” An immobile or almost immobile tourism, with limited human interaction. Space tourism, both physical and niche, will develop, motivated by the search for unspoiled places.

U.S. Travel forecasts $28.7 billion in U.S. international spending in 2024, about 78.8 percent of 2019 levels. By 2027, such spending is expected to reach $29.8 billion, still lagging recovery at about 82 percent of pre-pandemic levels.

The future of the tourism industry is expected to undergo significant changes and transformations due to various factors, including technological advancements, evolving traveler preferences, environmental concerns, and global events.

Travel and tourism GDP is predicted to grow, on average, at 5.8 percent a year between 2022 and 2032, outpacing the growth of the overall economy at an expected 2.7 percent a year. ⁵. So, is it all systems go for travel and tourism? Not really. The industry continues to face a prolonged and widespread labor shortage.