Forbes Advisor surveyed 2,000 Americans with summer vacation plans this year. Here’s what they plan to do on vacation, what’s impacted their travel plans and more.
More than half (54%) of summer vacationers Forbes Advisor surveyed say the cost of trips is affecting their travel plans. Half (50%) report that concerns about Covid and their finances were taken into account when planning vacations.
With trip cost the top concern among summer vacationers, money-saving measures may be the financial version of sunscreen – slathered on to prevent vacation budgets from blistering. When comparing summer travel costs for this year to 2021:
- 42% say they’ll spend more than last year.
- 28% will spend less.
- 15% expect their vacation spending to be about the same.
Finding travel insurance that covers Covid remains a top priority for travel insurance buyers: 34% of travel insurance buyers (nearly the same percentage as last year) looked specifically for plans that cover Covid, according to Squaremouth.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
