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News / Almost half of professionals 18-34 plan to work on vacation: Allianz
Canadian professionals aged 18-34 are leading the rise in the bizcation trend with a growing desire to blend remote work and vacations
Allianz Global Assistance’s proprietary research study shows that almost half (47%) of young Canadian professionals aged 18-34 plan to work remotely while travelling in 2024.
The findings were part of the travel insurance and assistance provider’s seventh annual Vacation Confidence Study.
Canadian professionals aged 18-34 are leading the rise in the bizcation trend with a growing desire to blend remote work and vacations, says Allianz.
Also known as ‘bleisure’ travel, bizcations see employees work and travel simultaneously without taking time off. It can also include tacking on a few days before or after a business trip.
Allianz’s Vacation Confidence Study found that 17% of Canadians aged 18-34 say that the stress and time of planning to take time off work is a considerable barrier to them planning a vacation this year. This demographic’s enthusiasm for bizcations represents an ongoing paradigm shift in how work and travel are integrated.
Allianz adds that the bizcation phenomenon has reshaped the way individuals approach work and travel. Allianz’s study found that roughly a third of those taking a bizcation this year plan to be away for a considerable amount of time – about three weeks or longer.
“We know that bizcationers are travelling more frequently throughout the year and need reliable travel protection,” said Dan Keon, VP of Marketing and Insights for Allianz. “Allianz is committed to supporting the evolving needs of travellers in the dynamic landscape of remote work and blended travel experiences. We ensure that professionals can embark on bizcations with confidence, knowing that they are covered for every aspect of their journey.”
More findings from Allianz’s Vacation Confidence Study include …
- Many Canadians will tie-in a vacation with work responsibilities either by working remotely from a vacation destination (30%) or by adding vacation time to a business trip (24%)
- Canadians with children (43%) are also likely to blend work and vacation in the same trip
- Beyond Canada, Mexico/Caribbean (24%) and the US (21%) are the most popular vacation destinations this year
Source: Travelweek