18 Best Vacations for Retired Couples

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This article takes a look at the 18 best vacations for retired couples. If you wish to skip our detailed analysis on the golden gap year, you may go to 5 Best Vacations for Retired Couples.

Golden Gap Year

If you think gap years are exclusive only to the youth, think again. According to research by Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH), 37% of Baby Boomers have decided to embark on a life-changing journey in their golden period. Tripadvisor, Inc. (NASDAQ:TRIP) reaffirms this by stating that 55% of people are planning longer trips and are willing to spend more on travel than they did in 2022.

Baby boomers, in particular, are looking forward to spending extended periods on vacation, also known as the "golden gap year." Experiencing the most substantial surge in both traveler numbers and the overall travel insurance market during Q1 and Q2 of 2022 compared to the previous year, the baby boomer generation is redefining the concept of adventure and exploration in their later years.

The reason this generational cohort is witnessing the largest travel resurgence is because, first, the number of baby boomers across the USA is significantly high. The US Census Bureau reports that there are an estimated 76.4 million baby boomers in the USA. More importantly, the older generation has more purchasing power than others. This generation is the wealthiest of all, holding 70% of the disposable income in the USA. They also spend over $548 billion a year across all categories and boast plenty more to spend on travel.

Such is the extent of travel hype amongst these seniors that travel experts expect a “grey tsunami” next year, representing a surge in baby boomer travel. Booking Holdings Inc. (NASDAQ:BKNG), one of the largest travel companies in the world, notes in their research that 78% of respondents travel because they believe that they are “alive” when they are on vacation. With more time, convenience, and money on their hands, the boomers are seeking more adventurous travel options than their predecessors, aiming to feel more “alive” and to make the most of their golden years.

Technology Adoption and Slow Tourism

Baby boomers have demonstrated an unprecedented adoption of technology, further fueling their travel enthusiasm. As many as 84% of this generation have booked some part of their travel accommodations online. Online reviews and forums have further made it easier for seniors to choose the right travel experiences for themselves. Booking Holdings Inc. (NASDAQ:BKNG) conducted a study involving 27,000 travelers across 33 countries and territories, unveiling various travel predictions for 2024. One notable forecast by the company is the rise of AI, as exemplified by Booking Holdings Inc. (NASDAQ:BKNG)'s AI Trip Planner App.