LOADING

TDM NEWS EVENTS IWTA SERIES TDM

Travel Daily Media

Today Free Charge

Sign up today free of charge.

Join our global community of over 5 million travel and hospitality executives.

Cruise itineraries powering Travel Advisor Bookings

Cruise itineraries powering Travel Advisor Bookings

Kanchan Nath

- November 9, 2023

A new survey of travel advisors by travel insurance and assistance provider Allianz Partners USA finds that most travel advisors surveyed say that cruise itineraries are driving the majority of their business, with more than a quarter responding that cruises make up more than 75% of their bookings.  The survey was conducted by Allianz Partners in October and polled 9,000 travel advisors that offer its travel protection products.

The survey also found that travel advisors and their clients value travel insurance.  According to the review*, 92% of travel advisors feel their customers get peace of mind when they have Allianz Travel Insurance, and 82% believe clients are more confident about cruising when they have a policy on board.

The travel insurance provider analyzed the breakdown of reported travel advisor bookings, tracking the percentage of cruises versus other types of travel to reveal across the board that cruising is a significant driver of travel advisor bookings. More than 75% of those surveyed indicate that a majority of their bookings were for cruise travel (27% said that 76-100% of bookings are cruises; 25% said 51-75% are cruise; 26% said 26-50% were cruises) versus 17% who identified that only 6-25% were cruises and 6% of advisors who said than less than 5% of bookings were cruises.

Ocean Cruises Continue to Make Waves, Strong Interest in Repeat Expedition Voyages
In other findings, ocean cruises proved the most popular (81%) this past year according to travel advisors, followed by river cruises (16%), expedition (2%) and themed cruises (1%). The expedition cruise market, though relatively new, is quickly growing in popularity and earning repeat business as most passengers indicate their desire to book another for a future trip.

Upcoming Cruise Plans + Booking Window Changes
Travel advisor respondents were split on whether the booking window for clients choosing cruises changed this year versus 2022 – the majority, 40%, believe the booking window has gotten longer, 36% believe it’s consistent with last year and 24% said it has gotten shorter. When asked how soon after purchase the sailings were scheduled to take place, more than half (52%) said within six months to a year, followed by three to six months (27%), and within three months of purchase (11%). Those travel advisors with clients booking more than a year in advance comprise just 10% of respondents.

Emerging Cruise Travel Trends
When surveyed on rising interest for cultural-related themed cruises that include immersion and exploration, 35% of travel advisors said they’ve seen more interest this year than in prior years (48% said they haven’t; 17% are unsure). Almost half, 49%, of advisors surveyed said they have not witnessed a shift in the number of travelers in cruising parties, while more than a quarter (26%) reported more multi-generational groups. Solo travel also has made some gains with 13% of travel advisors reporting they have seen more solo cruisers than in the past few years, while 12% said there are more couples.

“When travel advisors help secure a cruise vacation with an Allianz Travel insurance policy, they provide travelers the ability to relax and focus on the adventure ahead, knowing they’re protected against covered, unexpected events that could ordinarily sink an unprotected travel budget.”

Allianz Partners offers travel insurance through most major U.S. airlines, leading travel agents, online travel agencies, hotel companies, cruise lines and directly to consumers.

 

 

.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Cruise itineraries powering Travel Advisor Bookings

Kanchan Nath

- November 9, 2023

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats