Expedia: Flexcations, experiences drive travel demand in 2023
Desire for activities and experiences is a top priority among decision-makers when it comes to booking travel
In its last quarterly Traveler Insights Report, Expedia saw reassuring signs of enduring enthusiasm for travel amidst growing economic headwinds.
Key takeaways
Search volume globally increased by 10% year-over-year (YoY) in Q4 2022, driven by strong performance in Asia Pacific (APAC);
During the last quarter of 2022, 35% of overall searches were for travel in 2023 — a 55% increase YoY;
Expedia's flight data shows that, on average, travelers are taking longer trips YoY, which can be supported by the ability to work remotely.
Get the full report at Expedia