Ticketed Events become a popular incentive for Americans to travel this summer

Passport stamps are a possible complement to this yr’s hottest tickets for People as they pack their baggage to attend live shows, sports activities and dwell leisure occasions across the globe this summer time, in accordance with Allianz Companions USA’s sixteenth Annual Trip Confidence Index*. 

Leisure stays a driving drive for journey because the journey insurance coverage and help firm’s newest survey discovered that 24% of People plan to journey to a vacation spot to attend a significant popular culture occasion. Main the way in which, 40% of youthful vacationers ages 18–34 plan to depart their hometowns to attend an occasion. Not far behind, 1 / 4 (26%) of older vacationers ages 35-54 additionally anticipate to journey to attend their favourite occasions. In contrast to the youthful demographics, vacationers over 55 are much less doubtless (9%) to journey for leisure.

The survey additionally revealed that nearly two-thirds (63%, no change yr over yr) of People plan to attend a ticketed occasion in 2024, whereas almost one in 5 (18%) anticipate to attend three occasions or extra (down two factors from final yr).

With A-list musicians on tour and premier sporting occasions dominating the calendar, it’s no shock that 71% of youthful People (ages 18-34) can be within the crowd of a minimum of one ticketed occasion this yr, though it represents a seven-point drop from 2023. Following their lead however shifting 4 factors larger over final yr, 71% of 35–54-year-olds are also heading to a venue, whereas simply half (50%) of People over the age of 55 plan to buy occasion tickets this yr (up two factors).

With regards to their ticketed occasion choice, greater than half of People (52%) are more likely to attend ticketed live shows, festivals or performing arts occasions this yr, adopted by 43% who’re more likely to attend sporting occasions.

“Ticketed occasions proceed to set the stage for American journey,’” mentioned Daniel Durazo, director of exterior communications at Allianz Companions USA. “In case you plan to construct a visit round an occasion, ask your ticketing supplier about occasion ticket insurance coverage which can reimburse you as much as 100% of non-refundable ticket prices if a lined scenario prevents you from attending. Journey insurance coverage also can assist reimburse pre-paid, non-refundable journey prices, as much as the plan’s most restrict, if it’s important to cancel your journey for a purpose lined by the coverage.”

Occasion Ticket Protector from Allianz Companions can reimburse as much as 100% of non-refundable ticket prices, as much as $10,000, when an insured buyer can’t attend their occasion for lined conditions corresponding to an sudden, lined sickness or sure non-voluntary job losses. Occasion Ticket Protector additionally offers prospects with entry to 24/7 help via the corporate’s occasion hotline. Occasion Ticket Protector is obtainable by main occasion ticket suppliers.

The Trip Confidence Index has been performed every summer time since 2009 by nationwide polling agency Ipsos Public Affairs on behalf of Allianz Companions USA. A trip is outlined as a leisure journey of a minimum of one week to a spot that’s 100 miles or extra from house.

Allianz Companions gives journey safety plans via most main U.S. airways, main journey brokers, on-line journey businesses, lodge firms, cruise traces and on to customers.