If you are like all the travel industry professionals we’ve heard from recently, you are probably thinking (or worrying) about the potential impact of surging gas prices, inflation and other economic-related issues on travel. And you are smart to be. As an example, in the nearly two decades we have conducted an ongoing study of American travelers, gas prices have been a top indicator of American travel sentiment (save for the height of the COVID pandemic period, of course). When gas prices drop, Americans’ optimism about their travel rises, and the inverse. Here’s what our latest research on American travelers finds about the current situation.
