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Ticketed Events become a popular incentive for Americans to travel this summer

Ticketed Events become a popular incentive for Americans to travel this summer

Kanchan Nath

- July 11, 2024

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Passport stamps are a likely complement to this year’s hottest tickets for Americans as they pack their bags to attend concerts, sports and live entertainment events around the globe this summer, according to Allianz Partners USA’s 16th Annual Vacation Confidence Index*. 

Entertainment remains a driving force for travel as the travel insurance and assistance company’s latest survey found that 24% of Americans plan to travel to a destination to attend a major pop culture event. Leading the way, 40% of younger travelers ages 18–34 plan to leave their hometowns to attend an event. Not far behind, a quarter (26%) of older travelers ages 35-54 also expect to travel to attend their favorite events. Unlike the younger demographics, travelers over 55 are less likely (9%) to travel for entertainment.

The survey also revealed that almost two-thirds (63%, no change year over year) of Americans plan to attend a ticketed event in 2024, while nearly one in five (18%) expect to attend three events or more (down two points from last year).

With A-list musicians on tour and premier sporting events dominating the calendar, it’s no surprise that 71% of younger Americans (ages 18-34) will be in the crowd of at least one ticketed event this year, although it represents a seven-point drop from 2023. Following their lead but moving four points higher over last year, 71% of 35–54-year-olds also are heading to a venue, while just half (50%) of Americans over the age of 55 plan to purchase event tickets this year (up two points).

When it comes to their ticketed event preference, more than half of Americans (52%) are likely to attend ticketed concerts, festivals or performing arts events this year, followed by 43% who are likely to attend sporting events.

“Ticketed events continue to set the stage for American travel,’” said Daniel Durazo, director of external communications at Allianz Partners USA. “If you plan to build a trip around an event, ask your ticketing provider about event ticket insurance which may reimburse you up to 100% of non-refundable ticket costs if a covered situation prevents you from attending. Travel insurance can also help reimburse pre-paid, non-refundable travel costs, up to the plan’s maximum limit, if you have to cancel your trip for a reason covered by the policy.”

Event Ticket Protector from Allianz Partners can reimburse up to 100% of non-refundable ticket costs, up to $10,000, when an insured customer can’t attend their event for covered situations such as an unexpected, covered illness or certain non-voluntary job losses. Event Ticket Protector also provides customers with access to 24/7 assistance through the company’s event hotline. Event Ticket Protector is offered by leading event ticket providers.

The Vacation Confidence Index has been conducted each summer since 2009 by national polling firm Ipsos Public Affairs on behalf of Allianz Partners USA. A vacation is defined as a leisure trip of at least one week to a place that is 100 miles or more from home.

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

 

 

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:

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…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!

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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

Ticketed Events become a popular incentive for Americans to travel this summer

Kanchan Nath

- July 11, 2024

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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