Consumer Watch: Fall 2022 Travel Outlook
NEW YORK, NY – The fall travel season is in full swing and a new survey finds soaring inflation and recession fears won’t disrupt travel plans for families.
A new survey finds Americans are still making fall travel plans, despite higher costs.
According to the latest quarterly state of the American Traveler Report, close to two-thirds of surveyed American travelers still plan to go on at least one overnight trip in the next three months.
For those traveling by car, gas prices are creeping up. A trend that started before Hurricane Ian disrupted some oil production in the Gulf of Mexico though the main facilities were not directly hit.
Nationwide on Monday, the average price for a gallon of regular gas was nearly $3.80. That’s up from the recent low of $3.67, according to AAA. But that’s not keeping some drivers off the road.
It comes as the travel industry braces for a potential airline merger between Spirit and JetBlue.
With some travel experts warning it could lead to less competition and give consumers fewer options.
If you’re planning a trip this fall, experts recommend you book flights early, be flexible with your plans, and consider international options.