For many Americans, this has been a year for saving, with over 50% of U.S. citizens choosing saving money as their primary goal, rather than exercising more, eating healthier, or losing weight. According to an American Express press release (http://dtn.fm/Lb9DD), people in the U.S. are aiming to set aside an average of over $15,000 this year, a large increase over 2015.
In addition, more Americans today plan to save in order to spend on experiences such as travel. Approximately 70% of Americans plan to travel for leisure, versus 66% in 2015. U.S. citizens want to maximize their vacation time this year, and, according to an article at Parenting.com (http://dtn.fm/C4kMG), “family trips are one of the fastest-growing segments of the tourism industry, and despite the fact that the average vacation in the United States costs $4,580 for a family of four, parents are willing to spend that money on something they feel is important to their family.”
The article highlights key traveling family trends for 2016. First, families are traveling with friends and/or family. This has been put down to the fact that the millennial generation, starting families, is beginning to value experiences more than just material possessions. People are booking holidays with extended family in order to share new experiences. Instead of young parents taking their kids to their grandparents’ homes, there has been a significant shift toward family destination visits.
Secondly, family holidays are not limited to summer vacations. Thanks to the flexibility of people’s jobs today, parents are able to take time off from work knowing they can keep on track of their careers remotely, via the Internet. Without the limitations of a brick and mortar facility, families are able to travel for longer periods of time.
Thirdly, spontaneous travel is no longer just for the rich and famous. The Internet provides quick and easy travel planning for people of all demographics. Last minute hotel deals, car rentals, flights, and so on are all available at the click of a button. Not only is it affordable; it’s easy. In addition to this, travel companies worldwide now promote last minute holiday deals for thousands of destinations.
Finally, options for accommodation are growing. Motels are not the only affordable option out there anymore. The combination of new booking platforms, timeshares, resorts, and other innovative options has made family accommodation increasingly comfortable and something people now look forward to. Many families now opt for full homes for their holidays so that they can take advantage of the greater space, comfort, and ability to cook affordable meals.
The technology-driven travel company Monaker Group (OTCQB: MKGI) offers all of the above to traveling families. The company’s real-time booking engine features a creative range of alternative lodging such as resorts, villas, hotels, homes, and more. In addition to this, families are able to book car rentals, flights, tours, and concierge services, allowing them to fully enjoy their vacation rather than losing time planning when they arrive at their destination. The company offers its services around the world, with listings growing every year thanks to its growing list of partnerships and acquisitions.
For more information, visit www.MonakerGroup.com
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