According to the latest Longwoods International tracking study of American travelers, at a time when the impact of the pandemic on travel planning is steadily declining, a new worry for the travel industry has emerged – spiking gas prices. About six in ten travelers indicate rising gas prices will impact their travel plans during the next six months. In fact, three in ten travelers say this will greatly impact their upcoming travel. In contrast, only two in ten travelers say that COVID-19 will greatly impact their decision to travel in the next six months, down more than ten points from the start of the year.
Insights from Longwoods President & CEO Amir Eylon for HSMAI: