According to statistics compiled by travel insurer Allianz Partners, Americans seem to want to spend more of their holidays in Europe this year. The insurance industry assumes that there will be around 600 percent more arrivals compared to the previous year.

The travel insurance and assistance company analyzed more than 40.000 flight routes for five- to eight-day trips between Memorial Day and Labor Day and found that London accounts for the lion's share of all planned trips, accounting for 22 percent of all bookings. Paris (No. 2) and Dublin (No. 3) also remain at the top of the most desirable European vacation spots for summer travel in 2022.

Other top destinations include Reykjavik, which remains at No. 4, and Lisbon, which is back on the list for the first time since 2019, at No. 7. Rome and Edinburgh moved up to No. 5 and 6, respectively, while Athens is in fell three places from 2021 to 8th place this year. Barcelona (9th) and Amsterdam (10th) complete the list, each slipping one spot compared to last year.

The survey also examined the planned travel dates and travel lengths of those planning to cross the Atlantic this summer season. The survey shows that 75 percent of those traveling abroad this summer will take a seven-day vacation and 11 percent plan to be away from home for eight days. The travel insurance and assistance company's research also found that Friday, May 27 is likely to be the most popular day to travel, marking the start of Memorial Day weekend and the unofficial start of summer.