New Harris Poll Finds 55% of U.S. Adults Plan to Prioritize Travel Over Other Luxuries Despite Economic Uncertainty
Thursday, December 14th, 2023
Intrepid Travel, the world leader in responsible travel, today released findings from their first-ever Travel Pulse in the U.S. market. The survey conducted by The Harris Poll, between November 20-23, 2023, among over 2,000 U.S. adults ages 18+, found that more than half [55%] of respondents plan to prioritize travel over non-essential luxuries despite a challenging economy.
"Our survey found that only 17% of U.S. adults plan to travel less in 2024.," said Matt Berna, Intrepid Travel President, The Americas. What we are seeing is that consumers are not canceling their trips, but they are traveling smarter. They are investing in travel experiences where they get the most for their money while putting safety first."
Limited Budgets and Safety Concerns Are Changing How People Travel
People in the U.S. have less money to spend on non-essential activities in 2024 according to Intrepid Travel's new survey. However, most US adults (57%) say they plan to travel the same in 2024 as they did in 2023, and about 1 in 4 (26%) plan to travel more.
People are finding ways to make travel happen with limited budgets. For example, nearly seven in 10, U.S. adults will avoid traveling during peak season and instead will book their upcoming trips during the spring and fall, known in the travel industry as the 'shoulder seasons,' the time when crowds have lightened, flights and hotels are more affordable, and temperatures are milder.
Among the nearly one in five of all U.S. adults who plan to travel less in the year ahead, 66% report the reason is that they have less money to spend on travel, followed by a lack of time to do so [22%] and safety concerns [16%].
Regarding safety concerns, our survey also found that more than one in two [55%] U.S. respondents say they don't feel safe traveling outside of the U.S., and three in 10 [29%] say they don't feel safe traveling within the US right now.
Outlook for 2024: U.S. Consumers Are Prioritizing Travel
The data also showed that four in five U.S. adults [80%] plan to take a vacation or leisure trip in 2024, primarily a beach trip [48%].
Top Destinations include:
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South America: The biggest seller for Intrepid Travel in final quarter of 2024 and expected continued popularity. Fitting this demand, Intrepid Travel has recently launched a 6-day tour through the Heart of Guatemala.
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Peru: Peru's unfortunate shutdown in January caused year-long cancelations. Now Peru is finally having its moment. With the expansion of responsible tourism in the region and the development of new trails including Intrepid's Trek the Great Inca Road, more people will experience this destination in 2024.
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South Korea: With the rise of K Pop and other Korean cultural trends, South Korea has become one of the world's hottest destinations. In 2024, Intrepid is doubling its South Korea offerings with a new South Korea Family Holiday and a Premium South Korea tour.
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"Alternative" Europe: In 2023, the world experienced 'over tourism' in many iconic destinations. In 2024, people will visit less popular alternative destinations less explored like Corsica, an island in the Mediterranean Sea, and the Balkans region including countries like Albania.
Berna adds, "It's clear that people are yearning for meaningful travel after a difficult few year, and willing to invest in high-quality experiences. Intrepid Travel is focused on continuing to feature transformative, educational moments on our tours that positively impact both the traveler and the communities they visit. We offer small group tours for travelers of every age, budget, and appetite for adventure."
For Reference: Survey Methodology
This survey was conducted online within the United States by The Harris Poll on behalf of Intrepid Travel from November 20-22, 2023, among 2,070 U.S. adults ages 18+, of whom 1,657 plan to take a vacation or leisure trip in 2024. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the total sample data is accurate to within +/- 2.7 percentage points using a 95% confidence level. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact Stacy Gruen, Intrepid Travel [[email protected]].