According to MMGY Global, the tourism industry has been rapidly transforming and adapting as travel seasonality and consumer trip-planning behavior have changed due to the COVID-19 pandemic.
And as a result, MMGY Global has identified an opportunity to help bolster the travel industry and help Americans get back lost vacation time with “Stretch Season,” extending the traditional summer travel season well past Labor Day into fall.
It says that there is huge pent-up travel demand and as Americans become more comfortable with venturing out, combined with the continuation of remote work and learning, fall becomes an opportune time to make up for lost travel experiences.
Remote work and learning also make midweek and weeklong stays, times typically less expensive to travel than weekends, more feasible than in years past.
The latest results of MMGY Travel Intelligence’s ongoing Travel Intentions Pulse Survey, which measures the impact of COVID-19 on American travellers’ attitudes and changes in travel behaviour, point to the potential for Stretch Season to be lucrative for the hurting travel industry.
The study found that:
- 64% of travellers expect to take a leisure trip within the next six months.
- 54% of travellers say that they are more likely to travel in the fall this year than in previous years.
- Leisure trips planned for late July and August have shifted to a new period of fall leisure travel thanks to loosened cancellation policies and travel brands adapting quickly to the new marketplace.
- 73% of travellers feel safe traveling in their cars.
Clayton Reid, CEO of MMGY Global, said that: “The season following Labor Day provides travellers an opportunity to extend their travel budgets during a more value-oriented period, especially in their own cities, regionally and in destinations that feature outdoor activities like beaches and parks.”
And Reid concludes that: “This new reality creates an opportunity to boost the travel industry and help stimulate economic recovery.”