A record number of Australians are travelling over the coming weeks, but cost-of-living pressures are forcing a rethink of how much spending is done on holiday.
Australians are opting for shorter trips and better value for money this summer, as cost-of-living pressures force a record number of travellers to tighten their spending amid shrinking household budgets.
The introduction of Turkish Airlines and the growing presence of international carriers such as Qatar Airways have nurtured greater demand for international travel, as competition in the domestic market continues to flounder. Sixty per cent of Flight Centre customers chose international holidays in 2024, while Webjet has seen a nine per cent rise in overseas travel in the past 12 months.
Todd Lacey, Booking.com’s Oceania regional manager, found that Japanese cities such as Tokyo and Osaka have been particularly popular for solo travellers. These travellers have been drawn to the ‘pod hotels’ in the region as an “affordable way to travel to an otherwise expensive destination. ”Barry said Japan was “starting to emerge as a favourite year-on-year”, noting its emergence as a skiing destination for Australians shunning the slopes of North America and Europe.
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