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...