Tag: global travel trends

The $11,000 Trip Trend: How Gen Z Is Spending More to See the World

H. Cutner
Travel habits of a Gen Z

Gen Z’s Growing Travel Influence Travel habits are evolving at a lightning pace, thanks in large part to the emergence of Gen Z as a powerhouse within the travel landscape. Berkshire Hathaway Travel Protection’s 2025 State of Travel Insurance Report sheds light on this trend, revealing that Gen Z is not only traveling more but also spending more on travel than any other group. Beyond just their wanderlust, this generation is also reshaping the travel insurance market, as they increasingly see value in protecting their travel investments. The Rise of…

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Average 2017 travel insurance policy covered far cheaper trips

G. Turner
travel insurance policy suitcase vacation

A recent Generali Global Assistance study showed travelers spent 19 percent less on covered trips. Among travelers who purchased a travel insurance policy last year, coverage was being applied to trips that cost an average of 19 percent less than they had the year before. The data was published by Generali Global Assistance, through its Travel Insurance division. The travel insurance analysis used the insurer’s proprietary data throughout the 2017 season. Throughout 2017, the average cost of a trip covered by a travel insurance policy was $1,883. This represented a…

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