Pocket friendly trends dominate as travel spending continues but savvier than ever

Dubai – : New research from global travel site Skyscanner has revealed Saudi Arabian holidaymakers are expecting another strong year of travel despite economic uncertainty, but price-led decision making will drive change in 2023. With 62% of travellers in Saudi Arabia planning to spend the same if not more on travel abroad next year, how they are going to spend will differ. The extent of these changes is revealed in Skyscanner’s detailed Travel Trends 2023 report.

Key trends to come out of the report show that Saudi Arabia travellers don’t want the holiday to stop on a Monday morning, but to work where they could holiday too. Saudi Arabia travellers are also craving experiences grounded in nature and wellbeing. A way to reset and feel normal again.  Expect friends to ditch each other in favour of solo adventures, sneaky smartphone travel searches in the workplace and holidaymakers navigating the cost-of-living crisis to ensure their time away remains a priority.

For travel in 2023, there’s a lot we want to do differently and some bold expectations on what future travel will entail. Future gazing sees almost one in three people expecting holidays amongst the stars to be a mainstream reality in their lifetime, whilst closer to home, advances in supersonic technology could re-define short-haul travel.

Naomi Hahn, VP of strategy comments:

“It is clear that we’re hungrier than ever to discover something new – even though we might have less in our pockets next year. The aftermath of a pandemic has made travelers look for ways to make up for lost time and create new experiences and memories.

Consumers have become savvier to value post pandemic – the squeeze on personal spending has shown that consumers will still prioritise getting away but are increasingly shopping around on metasearch platforms like Skyscanner and employing simple travel hacks to ensure they get the most for their money, like being flexible in terms of dates and destination. The year looks set to be a year of new discoveries as emerging, pocket friendly destinations come to the fore.”

Skyscanner commissioned its deep-dive research into consumer attitudes and behaviours, combined with proprietary search and booking insights, to reveal its travel predictions. Skyscanner’s report, Travel Trends 2023: The year of price-driven decisions analyses survey data from 2,000 consumers in Saudi Arabia and beyond as well as extensive search and redirect data to provide unique insights into travel plans for 2023 and beyond.

Key trends revealed:

  1. Vienna, Austria – 32% price drop
  2. Baku, Azerbaijan – 31% price drop
  3. Johannesburg, South Africa – 22% price drop

Family hot list: 

o    Vienna, Austria (190% increase in searches)

o    London, UK (60% increase in searches)

o    Los Angeles, USA (36% increase in searches)

Couples hot list: 

o    Manila, Philippines (664% increase in searches)

o    Bangkok, Thailand (288% increase in searches)

o    Rome, Italy (53% increase in searches)

City with Digital Nomad visa % cheaper than Riyadh’s cost of living index Cheapest month to visit
Mexico City, Mexico

Zagreb, Croatia

Madrid, Spain

23

10

2

April

February

November

o   Advances in supersonic technology could re-define short-haul travel and Skyscanner’s report reveals 33% of travellers believe it will be a mainstream flight option in the future

o   31% think virtual reality holidays that are so real they are indistinguishable from real life will be the norm

o   27% expect to holiday amongst the stars in their lifetime, climbing aboard space craft for Earth sight-seeing day trips to the edge of space and longer trips beyond

Check out these and other findings in the full Travel Trends 2023: The year of price-driven decisions report, which you can download here.