The State of the American Traveler in December 2025
American travelers are showing renewed optimism with expected trip volume climbing back to 4.0 trips—matching early-year levels and signaling a recovery from spring’s tariff-induced uncertainty.
According to the latest wave of Future Partners’ The State of the American Traveler study, the top response travelers give when asked how economic concerns have impacted their travel decisions is this:
“Choose more affordable destinations.”
This response surpassed others like taking fewer trips, staying closer to home, or traveling for shorter durations—clearly indicating that price sensitivity is shaping destination decisions with further intensity.
Cost as the Primary Deterrent
When asked what has kept them from traveling more than they preferred in the past six months, the number one answer was, simply, “travel is too expensive.” In fact, 48% of American travelers selected this reason—well above any other deterrent, including time constraints, personal health concerns, or logistical complications.
This concern is echoed in destination-specific perceptions. In the case of many iconic locales, affordability is a clear barrier:
Perceived Value vs. Desirability: A Paradox
But here’s what’s interesting: even as many travelers describe destinations like New York City, Los Angeles, and Las Vegas as too expensive, these same cities continue to rank among the most appealing places to visit in the near future.
In terms of appeal:
This contrast suggests a value paradox: travelers still want to visit iconic, “higher-cost destinations”, but are likely increasingly deterred by the perceived lack of affordability. The emotional draw remains strong, but the rational, economic filter is one that presents an obstacle.
Who’s Winning on Value?
Destinations seen as offering the most bang for the buck occupy a different tier—perhaps less buzz-worthy, but increasingly attractive in this climate of caution.
When asked to agree with the statement “[Destination] would be an affordable place to visit” (Top 2 Box Agreement), travelers highlighted:
Similarly, when rating destinations for overall value for the money, the top-performing cities included:
These destinations may not dominate headlines like New York or Las Vegas, but they can command attention around perceived affordability and overall value.
What’s Next: Listening Beyond the Numbers
Recognizing the complexity behind these perceptions, Future Partners will be diving deeper into traveling consumer perceptions and destination decision-making in this environment. A new unmoderated qualitative survey is being distributed through partners to gather richer, more nuanced insights into how consumers define “value” in a travel context in order to understand:
In the end, we aim to identify how our travel industry colleagues can bridge the gap between aspiration and affordability in the minds of travelers.
For the complete set of findings, including data on your audience segments and historic brand performance of your travel brand or destination, subscribe to The State of the American Traveler Insights Explorer tool.
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