Press release
Report: Tripadvisor Releases Seasonal Travel Index Results (December 2022- February 2023), Outlining Traveler Sentiment and Insights in Several Markets including: United States, United Kingdom, Australia, Japan and Singapore
Over two-thirds of global travelers planning trips between December 2022 and February 2023Almost 9 in 10 will travel the same amount or more compared to the
About this update from Tripadvisor, Inc.
[{"type":"text","content":"Over two-thirds of global travelers planning trips between December 2022 and February 2023Almost 9 in 10 will travel the same amount or more compared to the same period last yearConsumers will maintain levels of travel spend this season, with over half (52%) planning to spend more on their trips compared to last yearNEEDHAM, Mass., Nov. 14, 2022 /PRNewswire/ -- Tripadvisor®, the world's largest travel guidance platform, today releases its latest Seasonal Travel Index, providing a preview and outlook for travel demand and patterns for the months of December 2022 to February 2023.\n\n \n \n \n \n \n \n\n \nOverviewGlobally, the desire to travel shows no sign of abating, with more than two thirds (67%) of respondents planning to travel this upcoming season (between 12/1/22-2/28/23) and the majority of those (82%) planning 1-2 trips. Almost 9 in 10 respondents (89%) will travel the same amount or more compared to last year, with this figure highest in the U.S. (93%) and lowest in the U.K. (86%).\nInflationary pressures across the globe continue to impact consumer spending behavior, with almost two-thirds of survey respondents (62%) changing travel plans as a result of rising living costs, consistent with behavior from prior Seasonal Travel Indexes over the last two quarters of 2022. Around a third (32%) will likely travel less or for shorter lengths than previously planned, while a similar number (30%) plan to vacation closer to home than previously planned. Rising energy costs also impact travel behaviors, though slightly less so than rising living costs.\nWhile affordability is now nearly twice as important as other factors when planning a trip, travelers will maintain travel spend this season, with over a third (36%) planning to spend about the same amount as last year on travel and over half (52%) spending more.\nThe majority of global travelers (57%) plan to travel domestically this upcoming season, however, the propensity to take international trips has increased (from 40% to 43%) since the previous Seasonal Travel Index. With winter on the horizon in the northern hemisphere, the most popular global destinations feature a mix of major global cities like Paris, London and New York, along with winter sun favorites such as Cancun, Dubai and Punta Cana.\nAustralians in particular are more inclined to travel internationally compare...