Airports, cruise terminals, and rental car counters throughout the US and Europe have been bustling with eager travelers embarking on journeys all around the globe this year, as consumer confidence in all 50 states reaches record highs not seen since a nosedive following the financial crisis of 2008. People are becoming more confident in their financial security, less afraid of traveling, and increasingly interested in exploring the rich experiential opportunities the vast world beyond their home town presents. This attitude of optimism has pervaded the travel industry as a whole and a flourishing morale promises to spurn on tourism rates into the New Year, especially for destinations in Europe, the Americas, and a few other unexpected emerging markets. You may not have been planning on wandering far from home on your next vacation or break in 2015, but promising changes in the travel industry just might inspire you to make some last minute travel plans!
Enthusiasm and Ambition Guide Holiday Travel Plans
Emerging data and statistics predict that the coming months will yield a significant increase in travel and tourism among US consumers on top of an already robust recent market history. "The perceived affordability of travel, and personal finances consumers now state they have available to travel, continue to show the greatest improvement," said MMGY Global vice president Steve Cohen. Cohen's remarks followed results from an influential new survey forwarded by the international travel marketing firm, which showed that a majority of potential travelers, about 60%, plan to take a trip in the next 6 months. This figure represents a considerable upturn since the survey was last issued in 2013, and a number of financial factors that seriously affect leisure travel have also shown promising changes, including job loss and credit card debt, which both dropped 13% in the past year. More people are happy about receiving exceptional service from trusted providers with a 12% increase in satisfaction among major airlines and 19% of those who plan to journey abroad in the next 6 months expect to spend more on their trip than they had in previous years.
The car rental industry, in specific, has seen the most compelling jump in statistics among travel transportation services and providers. A dramatic increase in revenue among the United States car rental market from 2013 to 2014 has yielded record-breaking figures, representing the largest revenue hike in years, and the growth is projected to continue into the foreseeable future. A much welcomed drop in gas prices has bolstered the recent boosts in car rentals and travel rates on the whole this winter while a general attitude of optimism has permeated American's perceptions and motivation toward taking a trip and exploring the world around us.
Thriving Markets Anticipate New Possibilities in Travel to Cuba
Even the realm of politics has conveyed a positive perspective on an expanding industry of exploration and excursion. In a revolutionary bid to change US global policy for the better, President Barack Obama has announced plans to normalize and maintain diplomatic relationships with Cuba, a country that has been isolated from the United States by strict travel regulations and trade embargos for the larger part of the past century. President Obama said Wednesday, "Neither American nor Cuban people are well-served by a rigid policy that's rooted in events that took place before most of us were born? It's time for a new approach." Travel providers lauded the President's intentions following his pioneering speech and, although the currently proposed changes wouldn't accommodate totally open tourism and free travel to from Cuba, the benevolent diplomatic intention could represent a promising foundation for possibilities in the future. Having been isolated from America politically, economically, and socially for decades past, Cuba offers an exciting opportunity for prospective US visitors as one of the few places in the world that has been widely uninfluenced by modern Western culture.
How You Can Benefit from the Upswing in Travel Trends
All of these recent developments seem to be great news for the travel industry as a whole, but how can you get in on the good fortune this holiday season? There has never been a better time to take a trip to any number of exciting destinations abroad and high revenue volume has allowed suppliers to provide premium prices on rental vehicles of all sorts, from spacious van rentals in Europe to lower rates than ever on economy and compact cars. Whether you want to tour the nation of Germany with your family, treat yourself and splurge on an Italian luxury or sports car rental, or sit back and enjoy the sights from the passenger seat with a private chauffeur, Auto Europe is dedicated to getting you the guaranteed best rates for your trip, from rental cars to discount hotels and airfare. You're not the only one looking to take advantage of the great deals this winter so book in advance to begin planning your next trip today and remember that you can't go wrong when you've got the best in the business on your side!