Press release
Report: Tripadvisor Releases Seasonal Travel Index Results (March - May 2023), Outlining Traveler Sentiment and Insights in Several Markets including: United States, United Kingdom, Australia, Japan and Singapore
Two-thirds of travelers surveyed planning trips between March and May 2023Half (50%) plan to spend more this upcoming season, compared to the same period last
About this update from Tripadvisor, Inc.
[{"type":"text","content":"Two-thirds of travelers surveyed planning trips between March and May 2023Half (50%) plan to spend more this upcoming season, compared to the same period last yearAlmost half (45%) will travel the same amount, while two in five 41% plan to travel moreMajor cities - including Paris, London, New York and Rome - dominate the list of top global destinationsNEEDHAM, Mass., March 7, 2023 /PRNewswire/ -- Tripadvisor®, the world's largest travel guidance platform, releases its first Seasonal Travel Index of 2023, providing an outlook for travel patterns and demand over the next three months.\n\n \n \n \n \n \n \n\n \nOverviewThe majority of travelers (66%) plan to travel in the upcoming season (March 1-May 31) according to consumer sentiment research commissioned by Tripadvisor in six key global markets. Around 9 in 10 of these travelers (86%) plan to travel the same amount or more compared to last year, with this figure highest in the U.S. (94%) and lowest in the U.K. (81%).\nInflationary pressures appear to have less impact on travel planning, when compared to data from previous editions of the Seasonal Travel Index. Almost two in five travelers (37%) intend to travel as planned between March and May 2023, despite rising living costs, versus less than a third (32%) between December 2022 and February 2023. For those intending to change travel plans due to rising prices this upcoming season, 31% will travel less or take shorter trips, while 27% will vacation closer to home.\nConsistent with previous Indexes, affordability (65%) remains nearly twice as important as other factors like trip length (35%) and trip type (31%) when planning a trip. Despite this, travelers look set to maintain travel spend this season, with half of travelers surveyed (50%) planning to spend more this upcoming season, compared to the same period last year, also broadly consistent with the previous edition.\nWhen it comes to destination planning, three in five travelers surveyed (59%) plan to travel domestically for their primary trip over the next three months, consistent with the previous Index. Roughly a third of global travelers surveyed (66%) plan to return to a place they've visited before, while only a third will visit somewhere new.\nWith spring around the corner in the Northern Hemisphere, major cities - including Paris, London, New York and Rome - domin...