Baby Boomers are spending more on luxury travel
A recent survey has revealed that baby boomers are spending more on luxury travel experiences than they did a decade ago.
According to the survey conducted by Peregrine Reserve, 67 percent of Peregrine's customers aged 50 years or above have disposable incomes and are seeking an adventure holiday.
Some interesting statistics reveal customer travelling and spending patterns have changed along with their destination choices.
Over the past four years consumer confidence in spending on luxury items during a holiday increased by 48 percent.
Last year, 66 percent of customers spent A$10,000 on a standard trip compared to an average of A$5,500 ten years ago.
In 2012, Latin America and Turkey are the top selling destinations compared to 10 years ago when the Himalayas made the top of the list.
Additionally, tours which concentrate on the one destination in depth appear to be more popular than multi country tours.
The new Peregrine Reserve brand has been established to handle increased demand for creative holidays in Australia.
Source = e-Travel Blackboard: S.P