Every quarter as part of our ongoing The State of the American Traveler study, we take a deeper dive into topics and trends of critical importance to the travel, tourism and hospitality industry, in collaboration with our friends at Miles Partnership. For our Fall 2022 Segments Edition, we looked at trending traveler profiles from The State of the American Traveler’s extensive database—including Adventurers, Wellness-Seekers, Gen Z, Visiting Friends & Relatives, and Luxury-oriented travelers. Since the latter is of particular interest to many right now, following is a summary of the latest travel behaviors and psychographics.
IMPORTANT: These findings are brought to you from our independent research, which is not sponsored, conducted, or influenced by any advertising or marketing agency. The key findings presented below represent data from over 4,000 American travelers collected in September 2022 by Future Partners (formerly known as Destination Analysts).
These travelers are defined as those that will highly prioritize luxury travel in their upcoming trips, representing 27% of the American traveling population. As you would expect, this group is top when it comes to tourism economic impact. The average Luxury Traveler will spend $6,260 on their leisure travel in the next 12 months—$2K+ more than the typical American traveler. Demographically, Luxury Travelers skew slightly male and somewhat older than other traveler segments. They are likelier to be parents to young children, are more educated, and more ethnically diverse. And while they indeed have higher household incomes compared to other travelers, a number of these travelers have not yet achieved the six-figure household income threshold yet but are still choosing to spend their discretionary income on luxury experiences in travel.
Some of the belief systems and behaviors of interest among Luxury Travelers include:
Other Behaviors and Preferences to consider about Luxury Travelers:
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