ST. PETERSBURG, Fla.,
Jan. 8, 2021 /PRNewswire/ -- Almost
one year following the onset of the Covid-19 pandemic, the travel
landscape is still unrecognizable from years past. Using data from
trips booked in 2020, travel insurance comparison website,
Squaremouth.com, reports that almost everything about travel has
Average Traveler Age Drops
Squaremouth reports the
average age of their travelers has dropped, likely due to the
high-risk nature of older travelers who contract Covid-19.
- In 2019, the average traveler age was 50. By the end of 2020,
this dropped to 38 due to a drastic dropoff in older
- Prior to the Covid-19 pandemic, the Baby Boomer generation
insured by far the most trips. Now, younger Gen Xers comprise the
- Of their total travel share, Squaremouth reports growth in
every age group under 60, while every age group over 60 saw a
decline from last year.
Popular Destinations Make Caribbean Shift
international border closures have drastically changed where
Americans are traveling.
- Prior to Covid-19, international trips comprised 90% of all
travel. In the 10 months following, this has dropped to 67%.
- European countries once ruled travel bookings, comprising up to
45% of all trips. Following international travel bans, Americans
are remaining closer to home, with European trips accounting for
less than 10% of travel going into 2021.
- Caribbean countries that
remained open to US tourists skyrocketed in popularity. Of the 20
most popular international destinations post-Covid, seven are
Travelers Spend Less on Trips
Refundable bookings and
other travel deals may contribute to the lower cost of travel
following the Covid-19 pandemic. Squaremouth reports a steady
decrease in trip costs being insured since January of last
- Following the pandemic, the average trip cost being insured has
dropped by 13%.
- By the end of 2020, travelers were spending roughly
$1,600 less on travel than in the
months immediately preceding the pandemic.
Squaremouth maintains a large portfolio of travel insurance
products that offer coverage related to the coronavirus pandemic,
including cancellation and emergency medical benefits for
contracting the virus, and Cancel For Any Reason coverage.
Travelers can search for policies that include Covid-19-related
Methodology: Data is based on travel insurance policies
purchased through Squaremouth.com, comparing sales trends since the
start of the Covid-19 pandemic to data from the immediate months
and year prior.
Squaremouth compares travel insurance policies from every major
travel insurance provider in the United
States. Using Squaremouth's comparison engine and
third-party customer reviews, travelers can research and compare
travel insurance policies side-by-side. More information can be
found at www.squaremouth.com.
Available Topic Expert: Megan
Moncrief firstname.lastname@example.org (727) 378-0938