Why Americans are spending less on travel this year: survey
A new survey reveals that 58% of Americans plan to spend less on travel this year compared to 2025, largely due to rising costs that have reduced average travel budgets by 23%. Despite financial pressures, travel remains a priority, with many adopting cost-saving strategies such as flexible booking, free activities, and cutting back on dining and luxury amenities. The findings reflect a shift toward a 'value-first' mindset, where travelers prioritize meaningful experiences and affordability over extravagance.
Opening excerpt (first ~120 words) tap to expand
Travel Why Americans are spending less on travel this year: survey By Megan Broussard, SWNS Published April 29, 2026, 12:45 p.m. ET Originally Published by: Americans are scaling back travel spending this year, with 58% planning to spend less than they did last year, according to new research. The online survey of 2,000 Americans, conducted by Talker Research on behalf of CheapCaribbean Vacations, found that rising costs are reshaping travel habits, with budgets down an average of 23% compared to last year. Three in four (75%) say their travel budget doesn’t stretch as far due to higher prices. Seven in 10 Americans say they’re being more careful with money this year (70%), while nearly half say they’re trying to make their budget go further (46%) and cutting unnecessary spending (42%).
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.
Discussion
0 commentsMore from New York Post
