Couples are still making honeymoons a priority, spending nearly three times more on this trip than a typical vacation, according to an Allianz Travel Insurance 2013 Travel Trends Survey of agents. According to the survey, 67 percent of couples spend $2,500 to $5,000 for their honeymoon while another 23 percent spend between $5,000 and $10,000.
The survey, which sought travel agents’ predictions for 2013 trends in travel, also asked what strategies honeymooners use to reduce costs. Twenty-eight percent of agents reported that budget-conscience honeymooners favor all-inclusive vacations, while 22 percent said couples shorten a honeymoon’s duration as a way to save money.
Responding to the Allianz survey, 70 travel agents who offer Allianz Travel Insurance products provided their insight on honeymoon trends. With all the stress of wedding planning, agents said it’s no surprise that newlyweds opt for such relaxing destinations as the Caribbean, Hawaii and Mexico, which are the most popular honeymoon venues. Tahiti and Europe were also named as favorite spots. When asked about the most popular time to honeymoon, 71 percent of the bookings were between May and September, with June being the most popular month at 44 percent.
“Honeymoons have always been a significant investment for couples, both financially and emotionally,” said Alan Josephs, chief marketing officer at Allianz Global Assistance USA. “This isn’t just any trip – it’s supposed to be a perfect trip. But, we all know that things can still happen, and newlyweds should consider the need for travel insurance.”