ST. PETERSBURG, FLA. – Israel was the fastest-growing destination for American travelers who purchased travel insurance from leading travel insurance comparison site, Squaremouth, in the past year. Israel saw a nearly 50% increase in travelers, followed by Iceland which saw a 43% increase.
Squaremouth’s newly released report also includes the average trip cost for the top 5 fastest-growing destinations. This data shows a significant increase in traveler spending for Nordic countries.
5 Fastest-Growing International Destinations for U.S. Travelers who Purchased Travel Insurance
- Israel (+48%)
- Iceland (+43%)
- Portugal (+42%)
- Vietnam (+39%)
- Norway (+36%)
Average Trip Cost Changes
- Travelers going to Norway spent nearly double that of travelers heading to other fastest-growing destinations and increased more than 12% in the past year
- Iceland saw a significant increase in trip spending of nearly 20%
- Portugal became more affordable with a 10% decrease in the average trip cost
- Israel saw a modest increase in the trip cost of less than 6%, and Vietnam saw a slight decrease in spending of about 3%
| Average Trip Cost | Year Over Year Increase | |
| Israel | $3,318 | 5.6% |
| Iceland | $3,938 | 19.55% |
| Portugal | $3,527 | -10.19% |
| Vietnam | $3,233 | -3.10% |
| Norway | $6,360 | 12.30% |