Trends & insights
Jul 28, 20215 min read

5 travel insights you need to know for 2021.

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by Klarna

After more than a year indoors, people are itching to travel. What do they want? Where do they want to go? And what matters most to them? Klarna’s recently released 2021 Reopening Insights Report has the data you need to answer these questions and get ahead of your shoppers today.

Learn especially about what Gen Z & Millennial shoppers prioritize when it comes to travel, which destinations are in the most demand, where shoppers are looking to stay, and how to best convert travel-hungry shoppers.

✈️ Take advantage of travel FOMO by getting in front of Gen Z & Millennials.

A change of scenery is good for the soul, and after a year cooped up, younger travelers are feeling the wanderlust.

60% of Gen Z and 53% of Millennials—admit to having travel FOMO, and plan to prioritize travel more now compared to pre-pandemic. And they’re willing to spend more to do so, with 40% of Gen Z and 36% of Millennials saying they’ll put more of their money into travel in the next year.

🔥 Hot tip:

Take advantage of the upcoming spike in travel demand by getting in front of younger audiences, specifically Gen Z’s and Millennials, as their spending willingness increases.

With a 69% Gen Z & Millennial shopper base, Klarna can help you get in front of younger travelers and get ahead of the travel boom.

💸 Win travelers over with great deals & safety measures.

While many think vacation is synonymous with luxury, 62% of shoppers would rather cut travel costs where they can.

We asked shoppers to rank their top considerations when booking a trip, 74% prioritized cost and budget, followed by having a positive experience (47%), and health & safety measures (38%), such as mask mandates, and vaccines.

🔥 Hot tip:

Win over travelers & new shoppers with budget-savvy deals. With 20M US shoppers already using Klarna, we’ll help you get in front of engaged and eager travelers.

🌍 Sustainability is good business.

Don’t count out mother earth when it comes to traveler priorities. 62% of shoppers take environmental impact into account when planning a trip, and Gen Z (68%) tops that list.

🔥 Hot tip:

Help climate-conscious travelers reduce the impact of their trip, with carbon offset options, and eco-friendly travel, transport, and accommodation options.

🔥 Hot tip:

Win over all shoppers by giving back when shoppers purchase, and setting an example for sustainable shopping. Learn how Scotch and Soda partnered with Klarna to plant 10k trees (& drive more sales in the process).

To learn more, check out our Let’s Get Sustainable series here.

🛫  Help travelers soar away and be there when they land.

Travelers are swapping out quarantine road trips for flights. Over the next 6 months, 81% of shoppers plan to travel, with 78% planning to fly.

Where will they stay? 8 out of 10 travelers plan to book a hotel, with up to 50% being open to renting a home. 88% of travelers plan to travel somewhere warm, with Florida, Nevada, and California, Mexico, Jamaica, and the Dominican Republic leading the list.

Among young travelers, 61% of Gen Z and 55% of Millennials are planning to book a stay via a home-sharing platform such as VRBO and Airbnb.

🔥 Hot tip:

Offer travel shoppers flight options to the most popular warm-weather destinations, and get ahead of younger shoppers with their accommodation options of choice.

With 11M wish listed items, and 2M purchases made with Klarna a day, we’ll help you get in front of more customers.

🔥 Hot tip:

Travelers planning on fun in the sun will need a wardrobe upgrade, and with 89% of shoppers willing to upgrade their wardrobe, now is the best time to get in front of them with swimwear & summer apparel options.

🧳 For younger travelers, international is the name of the game.

When it comes to distance, travelers differ based on their age. The younger the person, the more likely they are to travel internationally: with 56% of Gen Z, and 56% of Millennials open to stamping their passport in the coming year.

🔥 Hot tip:

Target your travel offers based on demographics. The younger the shopper, the more open to international travel they are. Luckily, Klarna’s 90M global shoppers and our presence in 20+ markets, can help you reach travelers globally.

 

Get the full insights from Klarna’s 2021 Reopening Insights Report. Stay ahead of changing consumer trends in travel, fashion, beauty, fitness, events & more, with insights from over 29k surveyed US shoppers, and Klarna’s exclusive shopping data (including 8M wish-listed items).

Reach 20M new shoppers today.