Will rising air fares and inflation keep American travelers grounded this summer? Or will travelers keep an eye on the rewards জন্য for many, whatever their bucket-list travel costs?
We asked more than 1,800 US-based TripIt users about their upcoming travel plans, and with rising costs and COVID-19 worrying them, more than 95% of survey respondents are still planning to travel next year. And some are willing to spend (tens of thousands) more to do it.
About half of all American travelers plan a trip once in a lifetime
According to our survey data, approx Two-thirds (64%) respondents plan to travel as much or more– Before next year vs. Covid-19. Only one-third (36%) plan to travel less.
What does their travel plan include? Our data shows that two-thirds (66%) are planning summer vacation trips; 64% plan to visit family or friends; 47% are planning an autumn vacation; 45% are traveling for business; 31% are planning a winter vacation; 22% are planning an enjoyable trip; 19% are planning to travel alone; And 14% are planning a camping trip.
For about half (41%) of American travelers, one of their trips next year will check a bucket-list travel box. One-third (33%) of respondents said they plan to travel alone and their trip will also be a bucket-list trip. In addition, 29% said their fall vacation (we see you, shoulder-season travelers!) Would be a bucket-list trip; 27% said their summer vacation would be one.
So, what about the cost of that trip? Most (62%) of those who are planning a bucket-list trip say so Bucket-list trips will be more expensive than a normal tripজন্য For most (47%) $ 1,000 to $ 5,000 more.
Travelers need to reduce dining to clear the budget for travel
Do All Upcoming trip (bucket-list or otherwise) means spending more money? About one-third (32%) of respondents answered yes. Our data shows that more than a quarter (26%) of those who spend more will spend an additional $ 3,000 to $ 5,000 on travel this year. Ten percent said they would spend an additional 10,000 10,000.
Americans Cost More money More than usual on the trip it is responsible:
- Air fares increase (51%)
- Overall inflation (49%)
- Gas price increase (34%)
- More Outstanding Travel Planning (34%)
For many, planning a trip means prioritizing their income. About one-third (29%) of respondents plan or adjust their overall expenses to cover travel expenses. Our data further show that 81% of respondents cutting (or planning to spend) their budgets will reduce the cost of meals, reduce the cost of events or concerts by 64% and reduce the cost of clothing for travel affordability by 58%.
Planned by those who say The budget will be less More than usual (only 15% of respondents), 79% said they plan to travel less, 19% plan less extraordinary travel and 18% plan to travel to more budget-friendly destinations.
And when some plan Same costIf costs continue to rise, 38% will plan fewer trips without increasing their budget.
Did you know When you add your flights to TripIt, TripIt Pro’s fare tracker feature will let you know if you are eligible for a refund or credit if your airfare is reduced after booking.
Increasingly COVID-19 cases can affect summer travel planning
In addition to the cost, some Americans are concerned about other travel complications at the moment.
Top concerns include:
- A trip may be canceled or rescheduled due to COVID-19 restrictions, requirements or illness (41%)
- Flight Cancellation or Delay (41%)
- Cost (33%)
- Stay up to date on travel restrictions and guidelines (26%)
- COVID-19 test for travel (21%)
These concerns are valid for many Americans who plan to travel soon. For starters, the ongoing staff shortages at Global Airports (and airlines, in that regard) are making the already busy travel season even more busy and unpredictable.
Tip: Looking for ways to speed up the airport experience? Be sure to check out TripIt Pro’s four-month free trial and discount membership at CLEAR আরেক another way to save money by becoming a Pro member.
On the COVID-19 front, only 8% of those who have traveled in the last six months have tested positive for COVID-19 during a trip (or traveled with someone who has tested), which is 300% more (from just 2%) of the survey. Information we released in March.
In fact, travelers are all too familiar with this reality: respondents say they will Change or cancel their travel plans If they tested positive for COVID-19 (75%), they were in contact with someone who tested positive (33%), or increased COVID-19 cases at their destination (30%). To put it bluntly, 31% will plan to cancel their current trip if costs continue to rise.
If this trend continues, cost concerns may outweigh COVID-19 concerns. But for now, realizing the bucket-list travel dream and / or 2022 vacation plans means adjusting to increased costs and COVID-19 requirements (and risks) alike.
Method: TripIt surveyed more than 1,800 US-based users to understand their upcoming travel plans, as well as their attitudes and behaviors regarding rising costs. The survey was conducted from May 24 – June 1, 2022.