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Stock impact report

Flywire survey: Luxury travelers planning to spend more on vacations and take longer trips compared to last year

Flywire Corporation - Voting (FLYW) 
Company Research Source: GlobeNewswire
Interest in luxury cruises increased nearly 70% Year-over-Year, signaling boon for ocean experiences Payment simplicity and security remain top requirements for discerning travelers BOSTON, March 26, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, has released its third annual report on luxury travelers' preferences, finding 90% of their vacations will be longer than ones they took a few years ago. 87% of the same group also plan to spend more on travel in 2024 than they did last year; this number jumps to 95% when looking specifically at Gen Z and Millennials. Flywire’s annual luxury travel report surveyed approximately 675 luxury travelers in the U.S. to understand how their preferences and plans could impact the travel industry in 2024. The report explores topics around AI in travel, sustainability, hybrid work’s influence on luxury vacations, payment security and more. “From our third annual report, we learned Show less Read more
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