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Share Name | Share Symbol | Market | Type |
---|---|---|---|
TripAdvisor Inc | NASDAQ:TRIP | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 26.33 | 26.00 | 27.04 | 37 | 14:28:01 |
NEEDHAM, Mass., April 20, 2021 /PRNewswire/ -- With summer right around the corner, it's not just the weather that's heating up. Tripadvisor's 2021 Summer Travel Index reveals that - with every passing day - travel is making a big comeback. Nearly half of Americans (43%) in a recent Tripadvisor survey believe travel activity will rebound within three months. With Americans no longer settling for staycations and local trips, it appears true vacation getaways are coming back en vogue.
Over two-thirds of Americans (67%) are planning to travel this summer (June 1 - August 31), which is a 17% increase from those who traveled this spring (March 1- May 31). Millennials are the most excited to get back out there with the vast majority (72%) of the generation planning trips. Although many still plan to drive to their destination (43%), 19% plan to fly, up 4% from this spring.
Americans are done with quiet staycations and hanging out idly in their homes; they're excited to get out and about. Compared to the first week of January, hotel searches are up 65%, searches for experiences (attractions and tours) increased by 78%, and restaurant searches are up 53%1.
What's hot this summer?
Beach destinations continue to shine this summer, with travelers most interested in sunny Florida and Mexico. Their choice of where to stay reiterates that desire: the most popular accommodation types for 2021 summer trips are all-inclusives and beach resorts.
Most popular destinations for Americans this summer (and what to do in each2)
Top 10 destinations | Highly-rated hotel | Most booked | Highly-rated |
1. Cancun, Mexico | Le Blanc Spa Resort Cancun | Best ATV Tour, Five Ziplines and Cenote Swim with Lunch and Transport Included | El Timón de Cancún |
2. Orlando, Fla. | The Delaney Hotel | SEA LIFE Orlando Aquarium | La Luce |
3. Myrtle Beach, S.C. | Ocean 22 by Hilton Grand Vacations | Polynesian Fire Luau and Dinner Show Ticket in Myrtle Beach | 42nd Street Bar And Grill |
4. Key West, Fla. | Havana Cabana at Key West | Key West Sunset Sail with Full Bar, Live Music & Hors D'oeuvres | Seaside Cafe at the Mansion |
5. Miami Beach, Fla. | The Standard, Miami | City Half Day Tour of Miami by Bus with Sightseeing Cruise | il Pastaiolo |
6. Las Vegas, Nev. | Four Seasons Hotel Las Vegas | Las Vegas Helicopter Night Flight with Optional VIP Transportation | Edge Steakhouse |
7. Playa del Carmen, Mexico | Banyan Tree Mayakoba | Buggy Tour in Playa del Carmen with Cenote Swim and Mayan Village Visit | Nørdic |
8. Cabo San Lucas, Mexico | Vista Encantada Spa Resort & Residences | Cabo San Lucas - Beach and Desert 4x4 ATV Tour | Panache Restaurant |
9. Tulum, Mexico | Ahau Tulum | Selva Maya Eco Adventure Park: Ziplining, Hanging Bridges, Rappelling and Cenote | Loco Tulum |
10. Punta Cana, Dominican Republic | Dreams Macao Beach Punta Cana | 5 tours in 1 - Horseback Riding / City Tour / Cacao Farm / Zipline / Dune Buggy | Montserrat Manor Restaurant |
Globally, nearly half (48%) of travelers are planning summer trips, with more than a third (38%) staying domestic and less then one in ten (9%) venturing internationally. Luxurious destinations like Bora Bora and Dubai top the list of most searched international destinations this April, while Greece and Iceland gained the most momentum in the last several months.
METHODOLOGY
The data cited in this release was gathered and analyzed from two key sources:
NOTES TO EDITOR
About Tripadvisor
Tripadvisor, the world's largest travel guidance platform*, helps hundreds of millions of people each month** become better travelers, from planning to booking to taking a trip. Travelers across the globe use the Tripadvisor site and app to discover where to stay, what to do and where to eat based on guidance from those who have been there before. With more than 884 million reviews and opinions of 7.9 million businesses, travelers turn to Tripadvisor to find deals on accommodations, book experiences, reserve tables at delicious restaurants and discover great places nearby. As a travel guidance company available in 49 markets and 28 languages, Tripadvisor makes planning easy no matter the trip type.
The subsidiaries of Tripadvisor, Inc. (NASDAQ:TRIP), own and operate a portfolio of online travel brands and businesses, operating under various websites and apps, including the following websites: www.bokun.io, www.cruisecritic.com, www.flipkey.com, www.thefork.com (including www.lafourchette.com, www.eltenedor.com, www.bookatable.co.uk, and www.delinski.com), www.helloreco.com, www.holidaylettings.co.uk, www.housetrip.com, www.jetsetter.com, www.niumba.com, www.seatguru.com, www.singleplatform.com, www.vacationhomerentals.com, and www.viator.com.
* Source: SimilarWeb, unique users de-duplicated monthly, December 2020
** Source: Tripadvisor internal log file
TRIP-G
View original content to download multimedia:http://www.prnewswire.com/news-releases/travel-is-heating-up-two-thirds-of-americans-planning-summer-vacations-301272259.html
SOURCE Tripadvisor
Copyright 2021 PR Newswire
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