Travelers Plan to Alter Summer Travel Plans Because of Higher Prices: New Survey
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Pent-up travel demand meets inflation. Here's what a new survey found out about how travelers plan to deal with higher prices.
Almost seven out of 10 U.S. adults are making changes to their summer vacation plans due high inflation levels, according to a recent survey by Bankrate. Taking fewer trips and traveling to closer locations are the biggest changes planned, each recording 25 percent of the responses. Twenty-three percent of respondents said they would be seeking out cheaper activities and 22 percent said they would adapt by selecting less expensive accommodations or destinations.
Bankrate Survey ResultsAmid rising travel prices, the “staycation” trend is growing, with 28 percent of those traveling this summer pl
