
Orlando, Fla. -- It's been said that, to Americans, a vacation is a birthright, and the results of the new Portrait Of American Travelers(SM) clearly confirm this. This new, nationally representative survey of U.S. households with an annual income over $50,000 reveals that, the Great Recession notwithstanding, American travelers took an average of four trips for leisure purposes during the past 12 months (comparable to the average number taken in previous years). But they were far more resourceful in their pursuit of affordable fares and rates on those trips.
The survey, co-authored by Ypartnership and Harrison Group, polled just over 2,500 U.S. households in February 2010. And the results augur well for the travel industry: a slightly higher percentage of travelers plan to take more (16%) than fewer (14%) leisure trips in the year ahead. Among affluent households with an annual income greater than $125,000, fully 20 percent plan to take more trips (versus nine percent planning to take fewer). Those planning fewer trips cited concerns about their household budget and reductions in discretionary spending as the primary reasons why.
Reasons for cutting back on travel next year:
But the overwhelming majority of leisure travelers (67%) plan to take the same number of trips this year than last. They have a renewed sense of confidence in their ability to maneuver the financial uncertainty that still prevails, and moderated their shopping and consumption behavior accordingly:
They have done so through their relentless pursuit of "deals" and "special offers," trading down, and a growing willingness to wait for goods and services to go on sale before making a booking.
Currently doing versus a year ago:
Not surprisingly, their preferred "tools" for managing the process include some of the latest advancements in online travel-planning technology that permit users to comparison shop fares and rates at will, including well-established online travel agencies and new "meta search" engines that aggregate fares and rates from multiple travel-service supplier websites.
"Tools" typically used to book travel:
Although the "new resourcefulness" of consumers suggests that value will remain in vogue when it comes to vacations for months to come, the trend is reassuring to many travel service suppliers as it reaffirms, once again, that to most consumers a vacation is truly a birthright. Most Americans are simply not prepared to relinquish that sacred time away from work each year, even if it means they have to look a little harder and wait a little longer to find the right deal.
The Ypartnership/Harrison Group 2010 Portrait of American Travelers(SM) is a nationally representative survey of more than 2,500 U.S. adults whose annual household income exceeds $50,000 and who have taken at least one overnight trip of 75 miles or more from home for either business or leisure purposes during the previous 12 months. The survey was conducted during the first quarter of 2010.
CONTACT
Amanda Jackson
PR Account Supervisor
Phone: 407-838-1812
Email: amanda.jackson@ypartnership.com
ORGANIZATION
MMGY Global
mmgyglobal.com
423 South Keller Road
USA
- Orlando, FL 32810
Phone: (407) 875-1111
Fax: (407) 875-1115