Across the Atlantic, a quiet reordering of travel priorities is underway: vacationers are no longer asking how to spend more, but how to experience more within what they already spend. A new report from Arival and Phocuswright, drawing on surveys of 2,550 travelers in five countries, finds that Americans and Europeans alike are stacking their itineraries with tours, tastings, and landmarks — not because budgets have grown, but because the calculus of a good trip has shifted from depth to breadth. In this moment, the experience itself has become the destination, and the industry built around it
Travellers squeeze more activities into trips as spending stalls globally
Travelers are doing more in destination than ever before
Why would travelers pack in more activities if they're not spending more money? Doesn't that just mean they're doing cheaper things?
Not necessarily. It could mean they're being more intentional about their time. If you have seven nights and you're not upgrading your hotel or meals, you might as well see another museum, take another tour. The constraint is time, not budget.
But the report says spending per person is flat or down. Doesn't that concern the industry?
It should, in one sense—margins matter. But the volume is growing. More people are traveling, and they're booking more experiences per trip. The sector grew 17 percent last year while travel overall grew 6 percent. The problem is that most of these bookings still happen offline, at ticket windows. That's where the real opportunity is.
Why would anyone still buy a ticket at a window in 2026?
Habit, partly. Trust, too. You can see the person, ask questions, know immediately if something's available. And for many small operators—and 70 percent of experience businesses are tiny—there's no digital presence to book through. The market is fragmented.
So the platforms that can aggregate all these small operators and make them easy to find—they're the ones that win?
Exactly. If you can curate quality across thousands of small providers and make booking seamless, you're solving a real problem. You're capturing demand that's already happening, just offline.
Il Polso
- Travelers are cramming four or more activities per category into single trips even as per-person spending stagnates in the US and falls in Europe, signaling a fundamental shift in what people want from a vacation.
- Americans take shorter trips than Europeans — 7.1 nights versus 8.3 — yet somehow book more experiences per stay, suggesting urgency and appetite are outrunning both time and budget.
- The booking process remains stubbornly offline: nearly one in five younger travelers and a quarter of those over 55 still walk up to a ticket window on the day, even as fear of sellouts is pushing more people to plan ahead before they leave home.
- Same-day bookings have collapsed from 60 percent in 2023 to just 18–24 percent today, a dramatic reversal that reveals travelers are now choosing destinations based on what they can do there — not the other way around.
- The experiences market grew 17 percent to $271 billion in 2025, far outpacing broader travel, yet only 33 percent of transactions happen online — a gap that points less to a demand problem and more to an infrastructure one, with over 70 percent of operators running as small or micro-businesses.
Across the Atlantic, a quiet reordering of travel priorities is underway: vacationers are no longer asking how to spend more, but how to experience more within what they already spend. A new report from Arival and Phocuswright, drawing on surveys of 2,550 travelers in five countries, finds that Americans and Europeans alike are stacking their itineraries with tours, tastings, and landmarks — not because budgets have grown, but because the calculus of a good trip has shifted from depth to breadth. In this moment, the experience itself has become the destination, and the industry built around it is only beginning to catch up.
The vacation math has shifted. American travelers are squeezing four or more tours, activities, and attractions per category into a single trip — even though they are spending no more per person than before. Europeans, who stay longer, are doing something similar but with less intensity. This is the central finding of a new report from Arival and Phocuswright, based on surveys of 2,550 travelers across the US, UK, France, Germany, and Spain: travelers are choosing breadth over depth, quantity over luxury.
Americans average 7.1 nights per trip versus 8.3 for Europeans, yet book more experiences per category despite the shorter window. Spending per person has flatlined in the US and declined in Europe, suggesting that hunger for experiences is not translating into willingness to pay a premium for any single one. The two markets also reveal distinct personalities: Europeans gravitate toward cultural sites and landmarks (47%), while Americans favor sightseeing tours (42%) and culinary experiences (40%) — a category where the transatlantic gap is especially pronounced. Europeans, meanwhile, show far greater interest in spa and wellness, at 33% versus 23% for Americans.
The booking process itself remains largely analog. Nearly one in five travelers under 55, and almost a quarter of those older, still walk up to a ticket office on the day. Yet a significant shift is underway: between 27 and 34 percent of travelers now book in advance out of fear that experiences will sell out — a sharp reversal from 2023, when same-day purchases accounted for as much as 60 percent of all transactions. That figure has since collapsed to 18–24 percent, suggesting travelers are now planning their experiences before they ever leave home.
The sector is expanding rapidly. After returning to its pre-pandemic value of $253 billion in 2024, the experiences market grew 17 percent to $271 billion in 2025 — nearly three times the broader travel industry's growth rate — and is projected to reach $342 billion by 2029. Yet online bookings account for only 33 percent of transactions, far below the 64 percent penetration seen across travel broadly. With more than 70 percent of experience operators classified as small or micro-businesses, the opportunity is less about finding new customers than about meeting the ones already there — moving the traveler standing in line at the ticket window into digital channels where demand can be served, and quality curated, at scale.
The vacation math has shifted. American travelers are packing their weeks tighter than ever—squeezing in four or more tours, activities, and attractions per category during a single trip—even though they're spending no more money per person than they did before. Europeans, who stay longer, are doing something similar but with less intensity. This is the finding of a new report from Arival and Phocuswright, based on surveys of 2,550 travelers across the US, UK, France, Germany, and Spain. The picture it paints is one of travelers choosing breadth over depth, quantity over luxury.
Americans average 7.1 nights away per trip, compared to 8.3 nights for their European counterparts. Yet despite the shorter timeframe, Americans are booking more experiences per category than Europeans manage in their longer stays. The implication is clear: travelers have decided that fitting in another museum, another food tour, another walking route matters more than paying extra for a premium version of any single activity. Spending per person has flatlined in the US and actually declined in Europe, suggesting that the appetite for experiences is not translating into willingness to pay more.
The preferences between the two markets reveal distinct travel personalities. Europeans lead with cultural sites and landmarks—47 percent express interest in these—while Americans prioritize sightseeing tours at 42 percent and culinary experiences at 40 percent. Culinary tourism stands out as a particularly American preference, with 40 percent of US travelers interested compared to 32 percent in Europe. Spa and wellness activities, by contrast, appeal far more to Europeans, at 33 percent versus 23 percent in the US. These differences suggest that American travelers want to see and taste, while European travelers seek cultural immersion and restoration.
The booking process itself remains stubbornly analog. Fewer than half of travelers in both regions booked their most recent experience online. Nearly one in five travelers under 55, and almost a quarter of those 55 and older, simply walked up to a ticket office and bought on the spot. Yet a significant shift is underway: between 27 and 34 percent of travelers now book in advance out of fear that experiences will sell out, a sharp reversal from 2023 when same-day bookings accounted for as much as 60 percent of all experience purchases. Same-day bookings have collapsed to just 18 to 24 percent. This suggests travelers are planning their destination experiences before they leave home, choosing where to go based on what they want to do there.
The experiences sector itself is expanding rapidly. The market returned to its pre-pandemic value of $253 billion in 2024, then grew 17 percent to $271 billion in 2025—outpacing the broader travel industry's 6 percent growth. Projections suggest it will reach $342 billion by 2029. Yet online bookings account for only 33 percent of all experience transactions, far below the 64 percent online penetration across travel more broadly. This gap exists because the sector remains deeply fragmented: more than 70 percent of experience operators are classified as small or micro-businesses, many without sophisticated digital infrastructure. The opportunity, then, is not primarily to find new customers but to capture the demand already happening offline—to move the traveler standing in line at the ticket office, and the one stacking four activities into a week, into digital channels where they can be served more efficiently and where platforms can curate quality at scale.
Citazioni salienti
Travelers are doing more in destination than ever before. But with spend per person flat and two out of three bookings still offline, the opportunity is not just finding new customers—it is capturing more of the demand that already exists.— Bruce Rosard, co-founder of Arival
In a market this fragmented, curation is what makes that possible. As the sector moves online, the platforms that make that trust easy to find will be the ones that capture this growth.— Andrés Spitzer, CEO of Civitatis