Not only are American travelers planning to travel more, they’re ready to spend. As the chart below shows, spending expectations are also sky high. More than one third (35.5%) of travelers expect to spend more in the upcoming year than they did in the last one–yet another record.
Travel Spending Expectations Up
(% of American Leisure Travelers Expecting to Spend More on Leisure Travel in the next 12 Months)
As we move into the peak of summer travel season, this optimism bodes very well for the travel industry. Mixed economic signals or not, American travelers seem primed for an excellent season of exploring our many great destinations.
