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IMG Survey Predicts Continued Surge of Worldwide Journey

WHY IT RATES: Survey outcomes reveal journey traits for 2023, together with frequency of journey, timing of journey, and anticipated spending habits of vacationers. –Janeen Christoff, TravelPulse Managing Editor


Worldwide Medical Group (IMG) has launched the outcomes of its annual Journey Outlook Survey that surveyed IMG prospects about their 2023 journey plans. The survey reveals 44% of respondents plan to journey internationally three or extra instances all year long, a 16% improve in comparison with 2022 survey outcomes.

“It’s clear that folks’s need to journey, whether or not internationally or domestically, will not be slowing down in 2023,” mentioned Steve Paraboschi, IMG President and CEO. “After the large rebound in journey we noticed in 2022, IMG is well-positioned for journey to proceed to extend in 2023 with our market-leading merchandise and customer support.”

Journey Outlook Survey Findings

Vacationers are desirous to journey sooner in 2023 than they had been in 2022.

—72% plan to take their subsequent worldwide journey earlier than August 2023

—41% improve in comparison with 2022 survey outcomes

—In 2023, vacationers are making ready to spend more cash than they sometimes have previously.

—35% plan to spend extra on journey in 2023 than they did in 2022

Worldwide and/or emergency medical protection continues to be crucial insurance coverage profit to vacationers in 2023, whereas protection for journey cancellation and journey delay is shut behind.

Prime Considerations Vacationers Have Whereas Planning or Taking a Journey

—Getting sick or having an accident whereas at their vacation spot

—Needing to cancel their journey earlier than departure

—Points attending to or from their vacation spot

—Needing to interrupt a visit whereas at their vacation spot

“IMG has been a revered chief within the journey medical insurance coverage marketplace for dozens of years, however curiosity in our iTravelInsured plans, which give journey cancellation, journey interruption, and journey delay advantages, has by no means been increased,” mentioned Paraboschi.

Many vacationers plan to journey domestically in 2023, however a portion of vacationers don’t historically put money into journey insurance coverage with journey cancellation and/or journey delay advantages for such journeys.

—89% plan to journey domestically in 2023

—48% plan to journey domestically 3+ instances in 2023

—Solely 19% bought journey insurance coverage with journey cancellation and/or journey delay advantages for no less than 1 home journey in 2022

“These outcomes present that there’s a nice want for vacationers to raised perceive the significance of journey insurance coverage, even for his or her home journeys,” mentioned Amanda Winkle, IMG Chief Working Officer. “Vacationers are planning to spend extra on their journeys this yr and are involved concerning the potential to cancel these journeys, which is all of the extra motive why vacationers have to be buying journey insurance coverage to guard their investments.”

The Prime 5 International locations Respondents Plan to Journey to Subsequent

—Mexico – prime nation Three years in a row

—Canada

—Japan

—Italy

—Spain

To study extra about IMG’s award-winning journey and well being security options, please go to www.imglobal.com.


SOURCE: IMG press launch.

This text was initially revealed by travelpulse.com. Learn the unique article right here.

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