Jan. 15, 2014
Travelzoo Asia Pacific
, a licensee of global Internet media company Travelzoo Inc. (NASDAQ: TZOO), today announced that its annual subscriber survey findings showed that the Asian travel appetite in 2014 will get stronger, with a forecasted increase of 17 percent in travel budgets over last year's. The results also highlighted transformations in the vacation spending patterns of Mainland Chinese travelers, with the majority willing to spend more for upgrading their holiday experiences and high-end accommodations.
The survey is an annual initiative by Travelzoo to map changes in travel attitudes across
, while providing a benchmark for the regional travel industry. It was conducted in collaboration with
, a consumer insights consultancy firm, from
November 24 to December 15, 2013
. Over 3,400 Travelzoo subscribers from
participated in the study.
The study revealed that Travelzoo Mainland Chinese subscribers will continue to lead the region in travel frequency, taking an average of 6.5 leisure trips and spending an estimated
on average in 2014. This is followed by the Japanese with 5 leisure trips and an average spend of
; the Taiwanese with 4.4 leisure trips and an average spend of
travelers with 4.3 leisure trips and an average spend of
. Australians will travel the least, with an average of 3.5 leisure trips in 2014. However, they will fork out the most for their vacations, at an average spend of
The study also pointed to Asian travelers' preference for independent travel and high-quality holiday experiences. When respondents were asked what best describes their attitude towards leisure travel, 62 percent of Travelzoo Asia Pacific subscribers prefer to explore at their own pace and 54 percent view rest and relax as key to their holiday experiences. Almost half of the respondents surveyed will focus on improving the quality of their vacation, spending more on hotels, food and entertainment, and less on shopping. The figures for Mainland Chinese travelers were reflected strongly in these trends, with 75 percent wanting to rest and relax during their vacations, 62 percent spending more for upgrading their holiday experiences, and 56 percent preferring to explore at their own pace.