Outlook ‘Bullish’ For Fall Travel
According to the latest Longwoods International tracking study of American travellers, those travellers are planning more travel for every trip category this fall when compared to 2022.
For example, 66% are planning to visit friends and family this fall, up from 56% a year ago, and 53% are planning fall road trips, up 10% from 2022.
Amir Eylon, President and CEO of Longwoods International, said: “Despite some potential headwinds, travellers are planning to be on the road and in the air this fall travel season. Strong travel demand appears to be overwhelming any inflation or recession fears, at least for now.”
The survey also found that travellers are continuing to adapt emerging technologies into their trip planning and travel experiences.
Seventeen percent of them have used Chat GPT, the artificial intelligence tool, to assist with their trip planning in the past six months, and 29% have used an electric vehicle on a trip during that same time period.
In terms of the economy, most travel sentiment indicators remain relatively flat from last month, but it’s important to note that the amount of American travellers saying their concerns for their own personal financial situation will greatly impact their decision to travel is holding steady at 22% (down from 30% in January), despite the growing number of economists reporting lately that they believe recession is imminent in the next 6 to 8 months.
This reinforces the sentiment that Americans travellers are continuing to place travel as a priority in their lives.
Go to https://longwoods-intl.com/covid-19 for more.
