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42% of Travelers Are Planning a Solo Trip in 2024 — And Are Ready to Spend Big

May 31, 2024
Research  
42% of Travelers Are Planning a Solo Trip in 2024 — And Are Ready to Spend Big
Solo travel is popular this year, and clients are willing to spend big on their trips.
Credit: 2024 zigres/stock.adobe.com

An eye-opening 42% of travelers plan to take solo trips this year, according to a recent survey of more than 2,600 travel insurance customers, conducted by travel insurance comparison site Squaremouth. 

Solo Travel Spending

These solitary jetsetters are sparing no expense, with 53% budgeting more than $3,000 for their next vacation, and another 39% allocating between $1,000 and $3,000 for their getaways.

RELATED: While Most Advisors Aren’t Booking a Lot of Solo Travel, Demand Is on the Rise 

Destination Preferences

The survey data reveals solo vacationers are currently favoring international destinations, with a staggering 87% expressing interest in venturing abroad, compared to only 13% sticking closer to home. 

Main Concerns

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When it comes to travelers’ main concerns, medical emergencies such as an illness or injury remain the primary worry for 46% planning to vacation alone, while 22% cite fears over crime and personal safety.

Editor’s Note: This article was generated by AI, based on a press release distributed by Squaremouth. It has been fact-checked and reviewed by a TravelAge West editor.

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