On the heels of a report by Les Mills outlining the strong desire for Gen Z to exercise, whether at home or in a club setting, Allianz Partners USA has released a report shedding more light on this section of the population. While the findings focus on travel, they indicate the importance of knowing Gen Z and their habits.
Allianz Partners USA is a travel insurance and assistance company and its latest report is the "15th Annual Vacation Confidence Index*.
Not surprisingly, according to the survey, travelers are putting themselves and their mental wellbeing first in 2023, a trend led by young Americans. Among all survey respondents, two in five (39%) say that wellness and self-care are a priority for travel this year, including a majority (54%) of those ages 18 to 34 who mark it top of mind.
Then there is the new work-from-a-vacation-destination travel trend, which Allianz Partners is calling a ‘pay-cation,’ has been encouraged by flexible remote work policies developed during the pandemic and is especially popular among young working Americans. The survey found that respondents in the 18 to 34-year-old demographic are more likely (42%) to travel to a vacation destination to work remotely, compared to 26% of those ages 35 to 54 years old and 12% who are 55 years and older.
This bodes well for the club industry and also sheds light on the importance of having strong club networks that allow customers to utilize their memberships when they are traveling, nationwide and even globally.
“Younger Americans who spent the early years of their career during the work-from-home era in the pandemic are re-shaping our preferences for the way we work and travel,” said Daniel Durazo, director of external communications at Allianz Partners USA. “While some companies have already returned to in-person work, our findings clearly show that a healthy balance of work and play is here to stay, and prioritizing self-care is going to impact the way Americans view travel and time off the clock.”
More Fun Facts
Not only are younger Americans committing to wellness and self-care, they also are more likely to engage in a solo travel experience this year versus older generations. Two in five (42%) of them will embark on a trip alone this year, compared to almost one in three (31%) of 35- to 54- year-olds and seventeen percent (17%) of ages 55 and older.
But solo travel doesn’t always have to equal alone time. Emotional well-being also extends to the inclusion of companion animals on trips, with four in ten (41%) of 18–34-year-olds opting to include their pets on vacations, compared to 36% of 34- to 54-year-olds and 20% of travelers aged 55 and older who want to bring a pet along on their travels.
The Vacation Confidence Index has been conducted each summer since 2009 by national polling firm Ipsos Public Affairs on behalf of Allianz Partners USA. A vacation is defined as leisure travel of at least a week to a destination at least 100 miles from home.
Allianz Partners offers travel insurance through most major U.S. airlines, leading travel agents, online travel agencies, hotel companies, cruise lines and directly to consumers. For more information on Allianz Partners and available travel policies, please visit http://www.allianztravelinsurance.com.
*Methodology: These are the findings of an Ipsos poll conducted on behalf of Allianz Partners. For this survey, a sample of 2,010 Americans aged 18+ was interviewed from May 2 to 4, 2023 via the Ipsos Online Omnibus. The precision of Ipsos online polls is measured using a credibility interval. In this case, the results are accurate to within +/- 2.5 percentage points, 19 times out of 20, of what the results would have been had all American adults been polled. Quota sampling and weighting were employed in order to balance demographics and ensure that the sample’s composition reflects that of the actual U.S. population, according to data from the U.S. Census Bureau. Credibility intervals are wider among subsets of the population.