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Canadians Show Strong Summer Travel Intentions

Allianz Global Assistance has released findings from its Summer Vacation Confidence Study, revealing a positive outlook among Canadian travelers.

13/06/2024 - According to the study, reported by TravelPulse, 61% of Canadians are planning summer vacations, reflecting increased confidence in travel despite ongoing economic influences.

This enthusiasm is particularly pronounced among younger adults aged 18-34 and families with children, with 72% and 73% respectively expressing confidence in their summer travel plans. Dan Keon, VP of Marketing & Insights at Allianz, noted a shifting trend towards year-round travel, with 72% of Canadians emphasizing the importance of summer vacations.

Learn more at TravelPulse.

The study also highlights a segment of "hyper travellers," with 30% planning multiple summer trips. Canadians are projected to collectively spend approximately $24.9 billion on summer vacations, with the average vacationing family budgeting $2,728.

In light of these trends, Allianz emphasizes the importance of travel insurance to safeguard against unforeseen cancellations and emergencies, underscoring its role as a vital component of trip planning in today's economic climate.