{"id":119164,"date":"2021-08-02T13:16:21","date_gmt":"2021-08-02T13:16:21","guid":{"rendered":"https:\/\/fin2me.com\/?p=119164"},"modified":"2021-08-02T13:16:21","modified_gmt":"2021-08-02T13:16:21","slug":"affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/","title":{"rendered":"Affluent Americans are ready to spend on family, luxury travel again, Amex finds \u2014 and they&#x27;re often paying with vouchers"},"content":{"rendered":"<ul>\n<li>A June survey by American Express Travel found that well-off travelers are interested in last-minute family vacations before fall, and they&#x27;re willing to splurge a little on luxury experiences.<\/li>\n<li>They&#x27;re not just paying with cash or credit. Saved-up credit card points and travel vouchers are increasingly being used for bookings.<\/li>\n<li>Survey respondents estimated they&#x27;ll spend an average $4,790 on luxury travel between now and 2022.<\/li>\n<\/ul>\n<p>In this article<\/p>\n<ul>\n<li><span>AXP<\/span><\/li>\n<\/ul>\n<p>Summer travel is back, big time. That&#x27;s according to a survey released Tuesday by American Express Travel, where consumer travel bookings have reached 95% of May 2019 levels.<\/p>\n<p>But while affluent Americans are itching to get away, it&#x27;s home they want to leave \u2014 not one another. And they&#x27;re often paying for trips with vouchers and credit-card points.<\/p>\n<p>The online Amex Trendex survey of 2,000 regular travelers earning at least $70,000 a year, conducted in late June, found that both workers and families want to squeeze in as much vacation time as possible before likely returning to offices and school campuses this fall.\u00a0<\/p>\n<p>&quot;Our customers are ready to spend on travel again,&quot; said Audrey Hendley, president of American Express Travel. Sixty percent of respondents will take another trip this summer, and for 47% that will represent taking more travel than is usual right before the school year starts.<\/p>\n<p><strong>More from Personal Finance:<\/strong><br \/>Amadeus adds fintech functionality from Hopper app<br \/>Why you need to insure your next vacation<br \/>Theme parks, fans still keen on tools developed amid Covid<\/p>\n<p>Many parents and their kids may have been cooped up together at home for more than a year, but the majority of adults with children (52%) will still travel as a family, according to Hendley. About a third, at 33%, will take a couples trip sans kids, while only 5% and 3% will travel solo or with friends, respectively.<\/p>\n<p>Among reasons for travel, family reunions were No. 1 at 22%, while birthday and anniversary trips came in third and fourth at 8% each. Seeing friends was second, at 18%. Types of travel? &quot;Parents are craving a wide variety of activities,&quot; said Hendley, pointing to beach or tropical destinations (45%), cities (28%), outdoor adventure trips (24%), and &quot;family&quot; destinations such as Disney resorts (22%).\u00a0\u00a0<\/p>\n<p>&quot;We&#x27;re seeing that parents want to make the most of the summer,&quot; she added, noting that two-thirds of parents, or 66%, want to take a trip in the next month.<\/p>\n<p>&quot;This is something I can certainly relate to, as well,&quot; Hendley said. &quot;My daughter is in university and my son&#x27;s schedule will pick up with school and extracurricular activities in the fall, so we&#x27;re hoping to take one last family vacation before our lives get even busier.&quot;<\/p>\n<p>It&#x27;s not just quantity of time together travelers are interested in, either \u2014 it&#x27;s quality, too.\u00a0<\/p>\n<p>&quot;After spending more time at home than ever before last year, there is a strong desire from people to make up for lost time and explore the world through travel again,&quot; Hendley said.<\/p>\n<p>More than half, or 57%, of travelers told Amex in another survey conducted in June that they are willing to spend more on a &quot;once-in-a-lifetime&quot; vacation that they were before the pandemic. In addition, nearly half are more likely now to book a hotel or resort offering luxury experiences and amenities.<\/p>\n<p>Survey participants estimated they&#x27;ll spend an average $4,790 on luxury travel between now and 2022, and 30% think they&#x27;ll shell out more than $10,000, according to Hendley.<\/p>\n<p>How do aspiring travelers plan to pay for all this? It&#x27;s not just cash and credit anymore. Welcome to the post-pandemic world of trip vouchers and travel credits, as well as saved-up credit card points.<\/p>\n<p>During the pandemic, many consumers were saving up their credit card points for future travel,&quot; Hendley said. &quot;Additionally, with the majority of trips canceled or postponed last year, we&#x27;re seeing a new form of currency emerge in travel \u2014 the use of e-credits and travel vouchers.<\/p>\n<p>&quot;People are looking to use these credits and vouchers as they start to plan and book their next trip,&quot; she added. In response, Amex Travel has debuted new functionality at its AmexTravel.com website that helps cardmembers track the credits they have, along with expiration date information.<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/08\/02\/affluent-ready-to-spend-on-travel-again-pay-with-vouchers-says-amex.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A June survey by American Express Travel found that well-off travelers are interested in last-minute family vacations before fall, and they&#x27;re willing to splurge a [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":119163,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Affluent Americans are ready to spend on family, luxury travel again, Amex finds \u2014 and they&#x27;re often paying with vouchers - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Affluent Americans are ready to spend on family, luxury travel again, Amex finds \u2014 and they&#x27;re often paying with vouchers - Fin2me\" \/>\n<meta property=\"og:description\" content=\"A June survey by American Express Travel found that well-off travelers are interested in last-minute family vacations before fall, and they&#x27;re willing to splurge a [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-02T13:16:21+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/08\/Affluent-Americans-are-ready-to-spend-on-family-luxury-travel-again-Amex-finds-\u2014-and-theyre-often-paying-with-vouchers.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/\",\"url\":\"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/\",\"name\":\"Affluent Americans are ready to spend on family, luxury travel again, Amex finds \u2014 and they&#x27;re often paying with vouchers - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-08-02T13:16:21+00:00\",\"dateModified\":\"2021-08-02T13:16:21+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Affluent Americans are ready to spend on family, luxury travel again, Amex finds \u2014 and they&#x27;re often paying with vouchers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Affluent Americans are ready to spend on family, luxury travel again, Amex finds \u2014 and they&#x27;re often paying with vouchers - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/","og_locale":"en_US","og_type":"article","og_title":"Affluent Americans are ready to spend on family, luxury travel again, Amex finds \u2014 and they&#x27;re often paying with vouchers - Fin2me","og_description":"A June survey by American Express Travel found that well-off travelers are interested in last-minute family vacations before fall, and they&#x27;re willing to splurge a [...]","og_url":"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/","og_site_name":"Fin2me","article_published_time":"2021-08-02T13:16:21+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/08\/Affluent-Americans-are-ready-to-spend-on-family-luxury-travel-again-Amex-finds-\u2014-and-theyre-often-paying-with-vouchers.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/","url":"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/","name":"Affluent Americans are ready to spend on family, luxury travel again, Amex finds \u2014 and they&#x27;re often paying with vouchers - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-08-02T13:16:21+00:00","dateModified":"2021-08-02T13:16:21+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/business\/affluent-americans-are-ready-to-spend-on-family-luxury-travel-again-amex-finds-and-theyre-often-paying-with-vouchers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/fin2me.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"Affluent Americans are ready to spend on family, luxury travel again, Amex finds \u2014 and they&#x27;re often paying with vouchers"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/119164"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=119164"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/119164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/119163"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=119164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=119164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=119164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}