American Travel Sentiment Study - Wave 71
Despite Inflation and Interest Rates, Travelers Are On The Move

According to the latest Longwoods International tracking study of American travelers, 93% of them have trips planned in the next six months, the highest level in three years.   A fifth of them have trips planned within a month, a quarter will travel in one to two months and almost a third have travel planned in three to five months.

“Inflation, higher interest rates and other economic headwinds are no match for consumer demand for travel,” said Amir Eylon, President and CEO of Longwoods International.  “The outlook for spring break travel and summer travel is very positive.”

The travel planned for the next six months is even more impressive when you consider that a quarter of all travelers report that concerns about their personal financial situation will greatly impact their travel decisions in the next six months.  And a third of travelers say that inflation will greatly impact their travel plans in that same time period.

The survey, supported by Miles Partnership, was fielded March 1, 2023 using a national sample randomly drawn from a consumer panel of 1,000 adults, ages 18 and over.  Quotas were used to match Census targets for age, gender, and region to make the survey representative of the U. S. population.

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