It’s the season for holiday surveys, with sentiment for exploration and unique experiences abounding.
“Experiences over gifts” continues as a trend in the latest Amex travel spending survey of U.S. travelers and their choices for the upcoming end-of-year holidays that largely involves classic winter adventures and quality time with loved ones.
72% of Millennial and Gen-Z respondents surveyed said they would rather spend money on a trip to go away with friends or family for the holidays instead of gifts, with snowboarding or ski vacations topping the list. But what’s particularly interesting in this year’s analysis is that more than half of Millennial and Gen-Z respondents said they didn’t travel enough this summer. Wellness and mental health were amongst the top priorities for this group when it came to goal setting for the year ahead.
Amex said it conducted its survey between September 15 – 18 among a sample of 4,017 adults, including 1,824 Gen Z and Millennials. Respondents have a household income of at least $50k+ equivalent and travel by air at least once a year.