Rising Fuel Prices Cause Travelers to Adjust Vacation Plans

With the average price per gallon for gasoline topping $4.00, despite last week’s oil price drops, recent surveys by AAA reveal that fuel is affecting summer travel plans. These newest statistics counter previous surveys released in May, further illustrating the increasing economic strains on a traveler’s wallet.

Earlier this summer, it is reported by a TripAdvisor survey that nine out of 10 consumers are planning a leisure trip this summer. Forty-one percent of worldwide travelers, and 51 percent of U.S. respondents, said the high price of fuel is going to affect their travel plans this summer. Thirty-one percent of travelers (37 percent of U.S. respondents) said they will take fewer car trips to save on fuel and 15 percent (18 percent of U.S. respondents) plan to take shorter distance car trips to save on fuel.

Still, 64 percent of travelers (73 percent of U.S. respondents) are planning to travel via car this summer. Seventy-two percent of travelers (71 percent of U.S. respondents) said they are planning to fly this summer. This coincides with a recent travelhorizons^TM survey co-authored by the Travel Industry Association (TIA) and Ypartnership, reporting that nearly 60 percent of Americans currently planning a trip this summer using a car, truck or SUV are not going to change their plans regardless of gas price increases.

Yet, as reported by last week’s AAA survey results, 95 percent of AAA auto travel managers say that high gas prices will cause travelers to alter their vacation plans this summer. However, this alteration does not translate to cancellation. AAA auto travel managers cited travelers taking trips closer to home, taking fewer trips, and reducing the number of vacation days traveled as the top ways that Americans will adjust their travel plans this summer.

Survey respondents pointed to Las Vegas; Orlando, FL/Walt Disney World; Branson, MO; Anaheim, CA/Disneyland; and San Francisco, CA as destinations providing bargains and value this summer. Internationally, respondents cited the Caribbean; European Cruises; Punta Cana, Dominican Republic; South America; and Costa Rica as top bargain and value vacation options.

Travelers are also taking advantage of travel savings this summer and fall by purposely traveling to hurricane prone destinations. Another TripAdvisor survey reveals 64 percent of U.S. respondents said they would be likely to visit a hurricane-susceptible destination this summer or fall, for a significant savings.

Eighteen percent of the TripAdvisor respondents said they are most likely to cut costs on their summer travel in their choice of accommodations. Twelve percent plan to eat in more often, 11 percent will save money by using less fuel/traveling a shorter distance, and another 11 percent will save money by taking a shorter trip/shorter trips.

“High gas prices, a weak U.S. dollar and the struggling economy are conspiring against Americans, but travelers refuse to stay home this summer,” said Michele Perry, vice president of global communications for TripAdvisor.

According to AAA, the top five domestic vacation destinations via air include Orlando, Las Vegas, New York, Las Angeles and Washington, DC. Internationally, top destinations via air this summer include Rome, London, Cancun, Dublin and Vancouver.

Other domestic “hot spots” for summer travel include New Mexico; San Antonio, Texas; Albuquerque, New Mexico; Oregon; and Miami, Florida/South Beach. International “hot sports”, according to AAA, include Croatia; Montenegro; Vietnam; Cinque Terra, Italy; and Douro River, Portugal.

Have you changed your summer vacation plans as a result of soaring gas prices?