visa
Revenge Travel Is Here to Stay, Visa Study Reveals
Visa Inc. | November 30, 2023
SAN FRANCISCO--Today Visa (NYSE: V) announced the results of its 2023 U.S. edition of the Visa Global Travel Intentions Study, revealing emerging trends in consumer behaviors and preferences for outbound and inbound cross-border travel. Travel has surged post-COVID and there are no signs of retreating, despite rising costs. According to U.S. Travel Association’s recent Travel Price Index1, travel costs have increased 4.4%, and while most Americans surveyed by Visa (73%) notice an increase in costs, only 6% of travelers plan to cancel or delay their plans. U.S. Outbound Traveler Insights: Prioritizing days away for leisure: American...
10 Things to Do While Waiting 400 Days for a Visa to Visit the U.S.
U.S. Travel Association | November 18, 2022
WASHINGTON (November 18, 2022) — U.S. visa wait times now average a staggering 400+ days for first-time visitor visa applicants in the largest countries for inbound travel. This creates a de facto travel ban that hurts potential visitors abroad and businesses here in the United States. To put this burden into perspective, check out 10 things a traveler could do in the time it will take them to get a visa to visit the U.S.: While there are many productive things one could do in 400 days, U.S. Travel believes a years-long wait for a visitor visa is simply unacceptable. U.S. Travel will continue to elevate the issues surrounding excessi...
Business Travel to Face Headwinds, Government Must Address Visa Delays, Travel Disincentives to Protect Economy
U.S. Travel Association | October 17, 2022
WASHINGTON (October 17, 2022)—The latest Business Travel Tracker finds American companies increasingly paring back pandemic-era restrictions on business travel amid developing storm clouds in the form of persistently high inflation and a looming recession—pointing to the need for immediate government intervention to sustain a positive rate of growth. Many companies slashed their business travel budgets during the pandemic, but less than half of companies (42%) still have policies in place restricting business travel—down from 50% in Q2. Businesses have shown a willingness to get back on the road, with 78% of business travelers ex...
Staying Close to Home: Asia Pacific Travellers Choosing Regional Destinations
Visa | November 19, 2015
Visa research shows Asia Pacific travellers shunning long-haul flights; prefer shorter stays and weekend getaways November 19, 2015, Singapore – Shorter flights and shorter stays - travellers from Asia Pacific are favouring getaways closer to home and within the Asia Pacific region compared with holidays that require long international flights, according to Visa's Global Travel Intentions Study 20151 ("Study"). The Study found similar patterns among their global peers, with an overall decline in the number of travellers choosing to take long-haul flights (9 hours or more) in favor of short-haul flights (4 hours or less). 23 percen...
