Planned Asian travel expenditure on the upswing

ASIAN travellers are committing greater amounts of money to travel in the coming year with plans to increase expenditure by seven per cent from US$4,331 last year to US$4,633 this year.

Meanwhile, average travel spend for Asians has been measured at US$4,300 for 2013.

Globally, average planned expenditure remains higher than Asia at US$6,136 for this year, up from US$5,955 in 2013, but the percentage growth in planned expenditure stands only at three per cent.

This is according to TripAdvisor’s third instalment of its biannual TripBarometer study, surveying the travel habits and choices of more than 61,000 travellers and hoteliers internationally. Some 5,657 consumer and 1,142 business respondents from Asia are represented.

The survey was conducted by research firm Ipsos.

Other notable findings include that Asian travellers currently intend to make more domestic than international trips, with 93 per cent of respondents saying they would travel locally this year against the 74 per cent who want to go overseas.

When travelling, some 94 per cent of Asian travellers continue to use their smartphones. Reflecting this, Asian hoteliers (82 per cent) are ahead in offering mobile services to travellers compared to their global counterparts (76 per cent).

The US is the top dream destination for Asians who want to travel overseas followed by Italy and Australia. However, currency fluctuations have a bigger influence on Asian travellers (51 per cent) than international travellers (44 per cent).

Sponsored Post

LEAVE A REPLY

*Comment moderation is in use. Please do not submit your comment twice.