A September 2023 study focused on the impact of price rises on holiday plans in the United States. As of that month, roughly a third of U.S. respondents with the lowest annual household income (under 50 thousand U.S. dollars) mentioned planning to drive instead of flying to reach the travel destination due to the impact of inflation. By contrast, just 22 percent of surveyed travelers with an annual income of 100 thousand U.S. dollars or more stated the same.
Share of travelers who changed their holiday plans due to inflation and rising prices in the United States as of September 2023, by annual household income
Characteristic
Under 50,000 U.S. dollars
50,000 to 79,999 U.S. dollars
80,000 to 99,999 U.S. dollars
100,000 U.S. dollars or more
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Bankrate. (October 27, 2023). Share of travelers who changed their holiday plans due to inflation and rising prices in the United States as of September 2023, by annual household income [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1359630/inflation-impact-holiday-plans-by-income-united-states/
Bankrate. "Share of travelers who changed their holiday plans due to inflation and rising prices in the United States as of September 2023, by annual household income." Chart. October 27, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1359630/inflation-impact-holiday-plans-by-income-united-states/
Bankrate. (2023). Share of travelers who changed their holiday plans due to inflation and rising prices in the United States as of September 2023, by annual household income. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1359630/inflation-impact-holiday-plans-by-income-united-states/
Bankrate. "Share of Travelers Who Changed Their Holiday Plans Due to Inflation and Rising Prices in The United States as of September 2023, by Annual Household Income." Statista, Statista Inc., 27 Oct 2023, https://www.statista.com/statistics/1359630/inflation-impact-holiday-plans-by-income-united-states/
Bankrate, Share of travelers who changed their holiday plans due to inflation and rising prices in the United States as of September 2023, by annual household income Statista, https://www.statista.com/statistics/1359630/inflation-impact-holiday-plans-by-income-united-states/ (last visited August 24, 2024)
Share of travelers who changed their holiday plans due to inflation and rising prices in the United States as of September 2023, by annual household income [Graph], Bankrate, October 27, 2023. [Online]. Available: https://www.statista.com/statistics/1359630/inflation-impact-holiday-plans-by-income-united-states/