New Zealanders plan summer travel despite rising costs, research shows
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New informationRepeats or wire copies
What happened
Research from the Allianz Partners Global Travel Confidence Index, conducted by Ipsos across five global markets, found that 64% of New Zealanders intend to travel this summer. While 82% of New Zealand travelers are concerned about rising costs, they are adapting their plans rather than cancelling. The average anticipated spend per person is $4,565 NZD.
From manilatimes.net
Why it matters
The findings suggest that travel remains a necessity for many New Zealanders, as 82% affirm that an annual holiday is important for their wellbeing. However, the high concern over rising costs and the fact that 71% are reducing non-essential spending indicates pressure on household budgets.
Research spanning Australia and New Zealand interviewed major travel brands.
From manilatimes.net
Who's involved
- IpsosConducted the global travel confidence index research
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The entities involved
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Ipsos
Norwegian market research firm