HSMAI Customer Insight: Inflation Remains a Factor in Travel Planning | Longwoods

Despite a significant decline in the rate of inflation in the U.S. the past couple of years, according to the latest Longwoods International tracking study of American travelers, 57% of them report that inflation is still impacting their decision to travel in the next six months.  And the percentage of travelers who say that inflation will greatly impact their travel decisions in the next six months jumped from 24% in July to 30% in August, the highest level in 2024.

“The impact of inflation and higher prices on travel remains stubbornly elevated,” said Amir Eylon, President and CEO of Longwoods International. Additional insights for HSMAI from Eylon:

 


Categories: Leisure Market Trends
Insight Type: Videos