Travelers Press On Despite Inflation; Airline Disruptions 21% Plan to Spend More Money or Time on “Make Up” Trips
August 8, 2022
Categories: Press Release,
Lebanon, NH – August 8, 2022 – Inflation is having a minimal impact on travel: 79% of the world’s most experienced travelers report inflation won’t cause them to cancel their travel plans. More than a fifth of travelers (21%) plan to spend more time and money on trips to make up for curtailed travel due to the pandemic, according to the Global Rescue Summer 2022 Traveler Safety and Sentiment Survey.
Incidents of staff shortages among pilots, flight attendants, gate agents and ground crews are affecting travel schedules but the majority of travelers (58%) have not been touched by it, according to the survey results. Despite the news headlines, the world’s most experienced travelers are making their intentions clear: they are going to travel no matter what.
“Travelers are sending a clear message. They are eager to regain their family vacations, adventure travels and business trips. By overwhelming margins, they are pressing forward with international and domestic travel despite rising costs and airline staff shortages. They are confident they’ll be able to travel and return home,” said Dan Richards, CEO of Global Rescue and a member of the U.S. Travel and Tourism Advisory Board at the U.S. Department of Commerce.
Travelers are adjusting to inflation and higher travel costs in a variety of ways. A fifth (20%) of respondents reported they changed an international trip and replaced it with a less expensive trip. Among domestic travelers, more than a quarter (28%) changed a domestic trip and replaced it with a less expensive one.
Twenty-one percent say they will travel for fewer days and 19% plan to fly on less expensive tickets. Fifteen percent report they will stay at less costly lodging while 12% will eat out less or at less expensive restaurants. Six percent are greatly reducing or not buying souvenirs or gifts during their trip and 3% will skip buying travel insurance.
Contact Bill McIntyre at firstname.lastname@example.org or 202.560.1195 (phone/text) for more information.
About the Global Rescue Traveler Sentiment and Safety Survey
Global Rescue, the leading travel risk and crisis response provider, conducted a survey of more than 2,100 of its current and former members between July 12 and 16, 2022. The respondents exposed a range of behaviors, attitudes and preferences regarding international and domestic travel.
About Global Rescue
Global Rescue is the world’s leading provider of medical, security, evacuation and travel risk management services to enterprises, governments and individuals. Founded in 2004, Global Rescue has exclusive relationships with the Johns Hopkins Emergency Medicine Division of Special Operations and Elite Medical Group. Global Rescue provides best-in-class services that identify, monitor and respond to client medical and security crises. Global Rescue has provided medical and security support to its clients, including Fortune 500 companies, governments and academic institutions, during every globally significant crisis of the last two decades. For more information, visit www.globalrescue.com.
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