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NerdWallet: Most Americans Plan to Travel in 2022
New study finds that COVID-19 precautions are important to most travelers as Americans plan vacations this year. SAN FRANCISCO--(BUSINESS WIRE)-- NerdWallet,
About this update from Nerdwallet, Inc.
[{"type":"text","content":"\nNew study finds that COVID-19 precautions are important to most travelers as Americans plan vacations this year.\n\n SAN FRANCISCO--(BUSINESS WIRE)--\nNerdWallet, Inc. (Nasdaq: NRDS), a website and app that provides consumers and small businesses with trustworthy financial guidance, found that 70% of Americans are planning leisure travel in the next 12 months. NerdWallet’s annual Travel Study, published today, found that while many Americans are making travel plans for 2022, the COVID-19 pandemic still impacts their travel decisions.\n\nThe report, which includes a survey conducted online by The Harris Poll on behalf of NerdWallet among over 2,000 U.S. adults, found that younger generations of Americans are planning to travel more than older generations. More than half of Generation Z (60% - ages 18-25) and millennials (58% - ages 26-41) are planning more than one leisure trip in the next 12 months, compared to 41% of Generation X members (ages 42-57) and 40% of baby boomers (ages 58-76).\n\nRegardless of their travel plans, 62% of Americans say they would feel more comfortable traveling if certain COVID-19 precautions take place. However, comfort levels vary: 15% of Americans say that nothing would make them feel more comfortable traveling right now, while 23% say they already feel comfortable traveling.\n\nMore than half of Americans (56%) say the way they travel has changed since the onset of the COVID-19 pandemic. Of those who have changed the way they travel, nearly a third (32%) say they only travel to destinations that are low-risk for COVID-19, while 28% say they stopped going on international trips and only travel domestically.\n\n“Two years into the pandemic, consumers are more comfortable in their ability to make travel decisions that feel right for them, leading to skyrocketing demand for hotels, rental cars and airlines,” said Sara Rathner, a travel expert at NerdWallet. “Now more than ever, it’s important for travelers to build flexibility into their vacation plans and travel budgets. Those who feel comfortable traveling should plan to spend more time and money on their vacations this year as crowds of out-of-practice travelers learn to navigate pandemic-era travel staples like increased wait times, trip insurance, rapid tests and quarantine expenses.”\n\nAdditional findings from the study include:\n\n\nMany Amer...