Less Americans are planning to travel this summer, according to a survey of Bankrase.
About 46 % of the respondents said they are planning to spend a summer vacation this year-decreased from 53 % in 2024. Among those who do not intend to travel, nearly two-thirds of (65 %) of money said the main reason.
However, it is the travel costs that prevent people from planning trips – more respondents said that the daily cost of life (68 %) was a greater problem of holiday expenses (64 %).
In addition, the number of those who said they were “not sure” increased from summer holiday plans – from 18 % in 2024 to 23 % in 2025.
TED Rosman, chief industry analyst in Benkrit, said the customs tariff and the recent concerns of the potential stagnation caused more travelers to follow the waiting and vision approach on summer holidays.
And he told Travel CNBCQuoting a decrease in consumer feeling in recent weeks.
However, the number of people who said they did not plan for a summer trip also decreased – from 29 % in 2024 to 24 % in 2025. The poll showed that those who plan to use debts to finance their summer holidays decreased from 36 % to 29 % as well.
2,238 adults were surveyed in mid -March.
Other reasons people remain at home
Slow start for this year
Local spending for housing, flights and tourism activities has started a slower start in the United States this year, according to a report issued by Bank of America.
“The recent decline in consumer confidence may be translated into people who hesitate to book flights, or think about restoring them,” the report says.
He also pointed out that bad weather attacks in parts of the country can shrink travel spending, while the subsequent Easter holiday has paid some spending – which usually occurs in March – to April.
People at Elmo Compiles go through Times Square during a snowstorm on February 8, 2025 in New York City.
Craig T Frochtmann Getty Images Entertainment | Gety pictures
The report says that low -income families reduce their travel spending more than others, while wealthy travelers may choose to spend more money abroad, according to the report.
The travel and tourism sector constitutes about 3 % of the United States GDP and operates about 6.5 million people in 2023, as mentioned, referring to the accounts of the Office of Economic Analysis and Tourism.
The spending is still higher than 2019
However, local spending on hotels, flights and tourism activities is higher than 2019, according to the Bank of America’s report.
Rosman added that although consumer morale has decreased, many people are still planning to travel this summer.
“The airlines warns of low demand and fewer profits, and we hear some concerns of potential international visitors to the United States for political reasons,” said Rosman. “Despite a dark mood, we still see a lot of travel.”
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