You’ve heard of Black Friday. But today’s consumers increasingly shop for trips on Travel Tuesday. How can travel industry players benefit from this trend?
Shoppers in the United States are generally aware of Black Friday—the day after the Thanksgiving holiday, when many retailers offer special, one-day deals and discounts. Lore holds that this late-November day got its name because it’s when many retail stores’ annual ledger sheets at last emerge from the red (meaning losses) and get into the black (meaning profits).
The considerable consumer attention on Black Friday has spurred similar marketing efforts tied to nearby days. The day after Black Friday has become known as Small Business Saturday—it got its start in 2010 as part of an effort by American Express to encourage shoppers to frequent small, independent stores. Two days after that comes Cyber Monday, which got its name in 2005 when the National Retail Federation noticed that many consumers continued to shop for holiday gifts online after the weekend had ended.
The latest entrant in this category of Thanksgiving-adjacent, calendar-linked marketing pushes is Travel Tuesday—a day on which shoppers can find deals on travel purchases such as hotel stays or airline flights. In a 2018 article, the New York Times credited the online-booking platform Hopper with popularizing the Travel Tuesday concept.1
Over the past two years, Travel Tuesday has gained increasing interest from consumers who are on the hunt for travel bargains. Travel industry players can potentially benefit from paying close attention to this burgeoning phenomenon—which, in 2024, will occur on Tuesday, December 3—by finding ways to shape relevant promotions and campaigns around it.
Here are some Travel Tuesday data points to consider.
Online search interest tied to Travel Tuesday is growing
The volume of Google searches for the term “Travel Tuesday” has been growing in the past few years. Search interest in the term “Cyber Monday” remains more than ten times greater than interest in Travel Tuesday—but while searches for Cyber Monday are on the decline (perhaps because the concept is well established in consumers’ minds at this point), searches for Travel Tuesday showed a more than fivefold increase over a two-year period.
The Travel Tuesday concept is, so far, mostly specific to North America
Search interest in Travel Tuesday is largely concentrated in the United States and Canada. Some elevated volume is also observable in Australia, the United Kingdom, the Netherlands, and Spain. Asia’s consumer market demonstrates very little engagement with the Travel Tuesday phenomenon—the most popular shopping day in that region (and arguably in the world) is China’s Singles Day, which originated in 1993 and occurs each year on November 11.
Travel Tuesday saw a booking spike in 2023
Data provided by the travel marketing platform Sojern indicates that in 2023, Travel Tuesday saw notable increases in hotel, cruise, and airline bookings by US travelers, compared with the two weeks before and the two weeks after. (Travel booking—which occurs predominately online—also intensified on Cyber Monday, a popular day for internet deals.)
Resort destinations are a Travel Tuesday favorite
According to data from Sojern, US traveler bookings during Travel Tuesday in 2023 showed a preference for destinations that are closely linked with resort accommodations. Searches across the 15 most popular destinations overall were up 37 percent on Travel Tuesday, compared with the average results for other Tuesdays in November and December 2023. But this search traffic spiked higher, on average, for resort destinations such as Nassau, Bahamas, and Punta Cana, Dominican Republic. One explanation could be that travelers are in search of discounted package deals on Travel Tuesday, and resort offerings are often tied to such package deals. There is also evidence that travelers are more likely to book travel in warm-weather destinations when the weather in their own regions is gloomy.
Data and article sourced from McKinsey Insights.