Updates 05/06/2022: Ohio's Travel Industry and Current Travel Research

GAS PRICES AND INFLATION IMPACTING TRAVEL PLANS, YET AMERICAN TRAVELERS ARE STILL PRIORITIZING LEISURE TRAVEL

Key findings from Destination Analysts fielded April 2022.

Inflation in consumer prices has led 23% of American travelers to cancel an upcoming trip, while 38% of American travelers agree that high prices have kept them from traveling in the past month.
If gasoline prices don’t come down, 58% of American travelers predict they will be taking fewer road trips this spring and summer, and 60% predict they will be staying closer to home on their road trips.
Fewer American travelers are now saying that luxury travel experiences are important to their leisure trips (36% down from 40% last month).
Americans are still prioritizing their leisure travel. Nearly 90% have trips planned—3.0 on average. And despite the economic concerns, 61% continue to say their leisure travel is a high priority in their budget for the next three months.
More than 80% did some trip dreaming and planning just in the last week alone.
Only one-third of American travelers feel COVID will have a meaningful impact on their travel experiences, and fewer than one-in-five recent travelers felt pandemic anxiety on their last trip.
Nearly two-thirds of American travelers feel it’s likely companies will require more employees to return to the office in the remainder of the year. However, only 37% of American travelers expect that business travel will return to pre-pandemic levels in 2022, as 65% believe that virtual meetings will continue to replace many in-person meetings.
More than half of business travelers will take a business trip in the next three months.