How Singaporeans stretch travel budgets without compromising on experience
They have three strategies.
Singaporeans are gearing up for the holiday season by finding ways to stretch their travel budgets.
According to American Express' Trendex, six in 10 plan to redeem travel credit card points or airline miles, and five in 10 will skip airline seat selection to save on costs.
Additionally, 76% will choose off-peak days to make their trips more affordable.
While seeking to maximize savings, 87% of Singaporean travellers are also willing to pay extra for convenience and an enjoyable experience.
When booking their trips, the majority (52%) prefer using online travel agencies, followed by general online searches (38%) and travel agents (8%).
According to Trendex, eight in 10 Singaporeans plan to travel during the holidays, with 88% keen to visit new destinations and 73% giving higher priority to travel this year.
The top travel companions are family (65%), significant others (35%), and friends (22%). Solo travel is less popular, with only 10% opting to go alone.
When visiting friends and family, nearly half (49%) prefer short-term rentals, 33% stay with their hosts, and 18% have no strong preference.