Among those polled who are planning a vacation, nearly two-thirds (63%) will be staying at a hotel or other kind of rental property, such as a condo or resort. Despite tough economic times, only 33% plan to stay withfriends and family.

Fifty-two per cent of those polled note they're looking for added perks and benefits more often than they did 12 months ago. Breakfast is a favorite complimentary offering with 87% surveyed taking advantage of this added perk when they travel.

Two fifths of those polled think it will be more expensive to travel this year than last, while 18% feel it will be less expensive. Twenty-two per cent feel costs will be about the same.

Carl Sparks, general manager of Hotels.com, said: "Properties continue to offer incredible rates and other incentives to add substantial value to the stay; this is the season of the great deal. In addition, with gas prices lower now compared to this time last year, travelers can incur a lower overall cost of getting to and from their destination."

While many Americans continue to watch their spending habits more carefully in all areas - including travel - there are many options to keep a vacation budget in check. Sparks added that planning carefully and choosing the right property can play a large role in keeping a lid on expenses. He also suggests booking early, rather than waiting for a better a rate, as prices could increase. Moreover, planning carefully and reading reviews to get other travellers perspectives on potential properties will also help contribute to a successful vacation.