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International
London and Paris Show Resilience with American Travelers in the Face of Terrorism
6/1/2017
London and Paris will continue to rank first and second respectively amongst Americans as the most popular European destinations for summer travel, and both destinations will see an uptick in the number of summer travelers in 2017, per a review of Americans’ summer travel intent by customers of Allianz Global Assistance.

The company reviewed more than 10 million trips planned by customers during the summer season of 2015, 2016 and 2017 and found that this summer, London will welcome a 36.55 percent increase in U.S. travelers from 2016 and Paris will receive a 28.77 percent increase of US travelers from 2016, bringing both countries closer to the numbers of American travelers who visited in summer 2015, prior to the November 2015 Paris attacks.

Similarly, Stockholm will have an 8.16 percent increase in U.S. travelers compared to 2016 and are expected to beat their summer numbers from both 2015 and 2016, despite the terror attack earlier this year.

“Despite continued terrorist activity in Europe and corresponding U.S. State Department travel warnings, Americans won’t be deterred in their desire to visit iconic European destinations like London and Paris,” said Daniel Durazo, director of communications at Allianz Global Assistance USA.

The analysis showed that the top 20 destinations in Europe for 2017 summer travel ranked by percentage of travelers are: London, United Kingdom (15.3 percent); Paris, France (9.6 percent); Rome, Italy (8.2 percent); Athens, Greece (4.7 percent); Barcelona, Spain (4.6 percent); Dublin, Ireland (4.6 percent); Amsterdam, Netherlands (4.5 percent); Madrid, Spain (3.0 percent); Frankfurt, Germany (2.9 percent); Venice, Italy (2.6 percent); Zurich, Switzerland (2.6 percent); Munich, Germany (2.2 percent); Milan, Italy (2.0 percent); Copenhagen, Denmark (1.9 percent); Lisbon, Portugal (1.9 percent); Edinburgh, United Kingdom (1.8 percent); Reykjavik, Iceland (1.5 percent); Shannon, Ireland (1.2 percent); Stockholm, Sweden (1.1 percent); and Prague, Czech Republic (1.1 percent).

“Many travelers are interested in purchasing travel insurance so that they may have the option to cancel or interrupt their trip should there be a terrorist event at their destination within 30 days of their arrival,” continued Durazo.

Allianz Global Assistance offers travel insurance** through most major U.S. airlines, leading travel agents, online travel agencies, other travel suppliers and directly to consumers. For more information on Allianz Global Assistance and the policies offered for travelers, please visit www.allianztravelinsurance.com.


Methodology: The data of U.S. travelers’ 2017 summer travel plans to Europe was gathered by analyzing the number of travelers that went through the online booking process of airfare and package paths for partners offering Allianz Global Assistance travel insurance during January 1, 2017 through April 30, 2017 to generate itineraries for flights departing from U.S. airports and arriving in Europe during May 29, 2017 through September 7, 2017. These stats were compared to figures collected during the same time frame in 2015 and 2016.

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Allianz Global Assistance USA
Allianz Global Assistance USA (AGA Service Company) is a leading consumer specialty insurance and assistance company. We provide insurance to over 25 million customers annually and are best known for our Allianz Travel Insurance plans. In addition to travel insurance, Allianz Global Assistance USA offers tuition insurance, event ticket protection, registration protection for endurance events and unique travel assistance services such as international medical assistance and concierge services. The company also serves as an outsource provider for in-bound call center services and claims administration for property and casualty insurers and credit card companies. To learn more about Allianz Travel Insurance, please visit www.allianztravelinsurance.com.

** - Terms, conditions, and exclusions apply to all plans. Plans are available only to U.S. residents. Not all plans are available in all jurisdictions. For a complete description of the coverage and benefit limits offered under your plan, carefully review your plan’s Letter of Confirmation/Declarations and Certificate of Insurance/Policy. Insurance coverage is underwritten by BCS Insurance Company (OH, Administrative Office: Oakbrook Terrace, IL), rated "A-" (Excellent) by A.M. Best Co., under BCS Form No. 52.201 series or 52.401 series, or Jefferson Insurance Company (NY, Administrative Office: Richmond, VA), rated "A+" (Superior) by A.M. Best Co., under Jefferson Form No. 101-C series or 101-P series, depending on state of residence. Allianz Global Assistance and Allianz Travel Insurance are brands of AGA Service Company. AGA Service Company is the licensed producer and administrator of these plans and an affiliate of Jefferson Insurance Company. The insured shall not receive any special benefit or advantage due to the affiliation between AGA Service Company and Jefferson Insurance Company. Non-insurance benefits/products are provided and serviced by AGA Service Company.


Contact:
camille.phillips@finnpartners.com






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