2016 Summer Travel Trends: Squaremouth Reveals Travel Insurance Insights

ST. PETERSBURG, Fla.–(BUSINESS WIRE)–Leading travel insurance comparison site Squaremouth
highlights notable trends among Americans traveling this summer. See
the full report for more data.

Where
are Americans traveling this summer?

  • 70% jump in travel to Canada in light of European terrorism
  • Alternative European destinations grow, with notable increase in
    travel to Iceland, Norway
  • 48% rise in summer travel to Zika-free
    Bahamas
  • Decrease in travel to some Caribbean destinations, including Aruba,
    Bermuda, U.S. Virgin Islands

Most Popular International Destinations for Summer 2016

1. Canada (+70%)
2. Italy (+13%)
3. Mexico (+18%)
4. United Kingdom (+25%)
5. France (+19%)

Includes percentage change in total travelers over the previous year

What
are travelers concerned about this summer?

  • 66% more travelers searching for hurricane coverage for trips this
    summer, particularly for Bahamas, Mexico
  • 154% increase in number of customers searching for terrorism coverage
  • Top
    European travel destinations see spike in terrorism searches

Who
is traveling this summer?

  • 36% of Squaremouth customers traveling this summer are baby boomers
  • 57% increase in customers over 70 buying travel insurance for summer
    trips in 2016
  • Canada replaces Italy as the top international destination for
    travelers 65+
  • France falls out of the top 5 international destinations for travelers
    under 50

How
much are Americans spending on summer travel?

  • Average spending on trips to top international destinations has
    decreased slightly
  • On average, Americans are spending $2,539 per person to travel this
    summer
  • The average total cost of a summer trip is $8,930, an increase of 3.6%
    over last summer

All data is based on American travelers insured on travel insurance
policies purchased through Squaremouth prior to 6/21 for travel during
5/22-9/9. Travelers who are visiting multiple countries only have to
enter one destination when purchasing a policy on Squaremouth.com. This
report represents the destinations selected by travelers. Statistics
reflect changes from the same period in 2015 unless otherwise noted.

ABOUT SQUAREMOUTH

Squaremouth is an online company that compares travel insurance products
from virtually every major travel insurance provider in the United
States. Using Squaremouth’s comparison engine and third party customer
reviews, travelers can research and compare insurance products
side-by-side. More information can be found at www.squaremouth.com.

Contacts

Squaremouth
Available Topic Expert:
Rachael Taft,
727-264-5174
rtaft@squaremouth.com