Americans placing travel as higher priority in budgets

Americans placing travel as higher priority in budgets

March 11th, 2023

Despite concerns regarding the economy and travel costs, American travelers are excited about travel.

The percent of Americans who agree that it is a good time to spend money on travel has reached 30 percent, the highest that it has been since last summer, according to Destination Analysts.

More than half of travelers place travel as a high priority in the budgets during the next three months.

More than 80 percent of American travelers say that they expect to travel about the same or more in the next 12 months than they did in the last 12 months. Travel spending is also expected to increase, but rewards programs are still important to travelers, more so even than just a few months ago.

Story courtesy Visit NC NewsLink, a weekly e-newsletter from the Economic Development Partnership of North Carolina. NewsLink provides information to nearly 4,800 tourism industry leaders, media and government representatives across the state. It distributes valuable information on Visit NC’s marketing and promotional efforts, tourism-related research, state, national and international trends, media leads, updates on conferences and events, and more.

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