In face of cost of living pressures travellers prioritise rest relaxation peace of mind
71 per cent of those who will travel say they will be staying at home due to cost.
The Rise of Wellness-Focused Staycations
The wellness-focused staycation trend is also gaining momentum, with 71 per cent of those who will travel staying at home due to cost.
Planning and Budgeting
Setting the Budget
When planning a trip, it’s essential to set a realistic budget. This involves considering various expenses such as flights, accommodation, food, and activities. A budget breakdown can help you prioritize your spending and make the most of your holiday. • Flights: This is often the largest expense for many travellers. • Accommodation: The cost of accommodation can vary greatly depending on the destination and type of accommodation. • Food: Eating out can be expensive, especially in tourist areas.
Purchasing Insurance Directly
Australians are increasingly turning to purchasing travel insurance directly from the insurance provider. This trend is driven by a desire for greater control and flexibility in their insurance purchasing process. By buying directly, travellers can tailor their policies to their specific needs and avoid unnecessary add-ons. • Key benefits of purchasing insurance directly include:
For example, a traveller who purchases a policy directly from a provider may be able to choose from a range of coverage options, including trip cancellation, medical evacuation, and luggage loss. They may also be able to negotiate a better price or receive exclusive discounts for purchasing their policy upfront.
For instance, a traveller may be able to compare prices and coverage options from multiple providers on a website like Expedia or Booking.com.