A survey of 17,000 travelers, commissioned by Booking.com, has revealed people feel most at ease when they are away on holiday.
For more than two thirds of people, travel experiences bring more lasting happiness than material things such as a new car.
Around 1000 New Zealanders were also surveyed and they said traveling made them happier than getting a new job (44%), getting married (39%), getting engaged (38%) or having a baby (31%).
And 54% of New Zealand residents said the food plays a huge part in a great holiday, with 49% feeling happiest when there is perfect weather and 47% happiest when seeing the breath-taking scenery.
Shawn Achor, one of the world's leading experts on happiness, said: "In a world where every dollar and hour count, travellers are looking for a higher return than ever on their investment of time and money. Why take time off and pay money to be more stressed and less happy?
"Based on a decade of research, the greatest competitive advantage in the modern world is a positive and engaged brain. In fact, I recently found that people who take all of their vacation days are not only happier, they are 34% more likely to receive a bonus over the next three years. Happy travel pays."
Whilst David Mau, director of product at Booking.com, added: "With people booking over 1.1 million room nights every 24 hours on Booking.com, we know just how important travel and enjoying that perfect stay is to people's overall happiness.
"The research reveals the excitement people feel when they can easily research potential places to go and types of places to stay.
"With over one million properties worldwide that have more than 23 million bookable rooms in over 30 types of accommodation in over 94,000 destinations around the world, people can boost their happiness in a few simple clicks on Booking.com."