Travel Trends on The American Continent
Two divergent travel trends marked the American continent, according to the latest outbound travel trends report from the World Travel Monitor® by IPK International.
In the first eight months of 2019 outbound travel from North America grew with 4.5 percent higher than the global average, while at minus three percent outbound trips from Latin America witnessed a relatively strong decline. Overall year-on-year figures reveal a 3.5 percent increase in outbound travel from the Americas as a whole. Destinations in Europe were clearly more in demand than trips to Asia. City breaks are still displaying above-average growth.
For 2020 the World Travel Monitor® forecasts continuous growth, at three percent. The World Travel Monitor® is based on the results of representative interviews with more than 500,000 people in over 60 countries worldwide. It has been compiled for more than 20 years and is recognized as the most widescale continuous survey of global travel trends.
American continent displays two trends
In the past, the American continent benefited from Latin America’s outbound travel boom. Initial results for 2019, however, display a completely different trend. While the North Americans’ outbound trips increased at an above-average rate of 4.5 percent, the Latin Americans’ outbound trips virtually collapsed with minus three percent.
Looking at the trends in individual countries, the following can be observed: In North America, the driving force was outbound trips of US-Americans with a strong increase of six percent compared to the previous year period. Juan Alberto Garcia Lopez of IPK International explained the decline in outbound trips from Latin America thus: “In addition to some countries in South America, such as Argentina, the high-volume source market Mexico was the main reason for this negative development, with a five percent decline in outbound travel.“
Strong increase in trips to Europe
At seven percent, travel to Europe is showing strongly above-average growth overall. Europe not only achieved the highest growth rate among North Americans, but was also up among Latin Americans. Trips to Spain and Italy were particularly in demand. These countries registered strong growth in visitor numbers, at 11 and 10 percent respectively. Even the UK, which recently suffered a drop in visitors, was able to attract more visitors from America.
Compared to trips to Europe, outbound trips within the American continent, however, increased at a much lower rate of three percent. Trips to Asia also only achieved three percent growth.
Holiday trips on the rise
As regards the reasons for traveling abroad, holiday trips are becoming more popular on the American continent. Compared to the previous year period the holiday segment grew by five percent and now occupies just over 60 percent of the market. In contrast business trips fell by one percent.
City breaks as a growth driver
A look at the various holiday types shows different trends. At ten percent, city breaks once again reported above-average growth. Holidays in the country also recorded strong growth, at nine percent. At six percent, the cruise market likewise witnessed a very positive development, followed by round trips, which increased by five percent. In contrast, sun & beach holidays suffered a decline in popularity among Americans, falling by one percent compared to the previous year period.
Positive outlook for 2020
IPK International expects outbound trips from North America to grow by three percent in 2020, slightly less than in 2019. As far as outbound trips from Latin America, the market is expected to recover in 2020 by reaching one percent growth. These forecasts are based on the findings of the “World Travel Confidence Index” of IPK International, which as part of World Travel Monitor® polls people’s travel intentions for the next 12 months.
Further conclusive results showing 2019 travel trends will be published in future press releases. Rolf Freitag, CEO of IPK International, will present the final findings of the World Travel Monitor® for 2019 at the ITB Future Day of the ITB Berlin Convention along with forecasts for 2020.
ITB Berlin 2020 will take place from Wednesday, 4 to Sunday, 8 March, and from Wednesday to Friday will be open to trade visitors only. ITB Berlin is the World’s Leading Travel Trade Show. In 2019 some 10,000 companies and organizations from 181 countries exhibited their products and services to around 160,000 visitors, including 113,500 trade visitors. Parallel with the show the ITB Berlin Convention, the largest event of its kind, will be held from Wednesday, 4 to Saturday, 7 March 2020. Admission to the ITB Berlin Convention is free for trade visitors and exhibitors.