Despite economic challenges, U.S. consumers are maintaining their travel plans, with 53% intending to take vacations this season, up from 48% last year, according to Deloitte. The shift is towards shorter, budget-friendly trips, often by car, as travelers seek bargains while navigating current economic uncertainty. For instance, Chris Narvaez canceled his European travel plans due to concerns about air travel logistics and visa requirements, opting instead for East Coast destinations with friends.
Similarly, travel agent Alexisa Humphrey reports her clients are favoring shorter trips and alternative transportation such as cars or trains. Federal data indicates that highway driving is riskier than flying, yet anxiety over air traffic control issues has significantly impacted traveler behaviors, particularly at busy airports like Newark Liberty.
Cost remains a key factor, as many travelers seek more affordable options. Although round-trip domestic flights have seen a decline, driving remains a cheaper option, especially with gas prices down compared to the previous year. As a result, AAA forecasts a record 45.1 million travelers for the Memorial Day weekend, marking the highest levels in two decades.
Travelers, like Latisha Hunt, are adapting their plans to manage costs by shortening trips and staying with friends or family. A Bank of America survey revealed driving is favored by lower to middle-income groups, with over 64% preferring it to flying for budget reasons. While rental car prices saw a slight drop, the reduction of fleet sizes by major companies could limit options. Additionally, hotel parking revenues have increased due to higher charges and more establishments imposing fees, reflecting a shift in the travel landscape towards road trips.
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