Despite economic gloom, many Americans are still planning vacations this summer, with 53% of U.S. consumers expecting to take a trip in the coming months. However, they’re opting for more frugal approaches, such as shorter trips closer to home by car.
The desire for bargains is driven by rising costs and travel concerns. Airfares to Europe are down 8%, but travelers like Chris Narvaez, who had planned to visit London and Rome this summer, are “hitting the pause button” on overseas travel due to visa requirements, air traffic control issues, and increased customs stops.
Domestic driving remains more affordable, with gas prices about 40 cents cheaper than last year. Travelers are also choosing to drive instead of fly to save money, with 56% saying they plan to drive more this summer than last year.
Lower- and middle-income vacationers prefer driving, with 64% choosing it over flying. Rental car costs have decreased by 2.1%, but some operators are reducing their fleets, which could impact vehicle selection.
Car travelers may need to budget extra for parking at airports and hotels, with fees ranging from a few dollars to $80 per day. Road trippers now make up a significant portion of hotel revenue, with parking revenues surging 18% between 2019 and 2024.
Source: https://www.nbcnews.com/business/travel/road-trips-rev-summer-travelers-hunt-cheaper-vacations-rcna208031