Holiday travel will see an uptick in 2023
While warnings regarding vacation trip As crowded seems to come out every year, 2023 could be a bumper year.
Nearly half the country plans to travel between Thanksgiving and mid-January, according to the 2023 report. Deloitte vacation trip Investigation. However, they will travel less frequently, meaning the concentration of people taking a trip around Thanksgiving and the week between Christmas and New Year’s Day will be higher.
More than a third of travelers (37%) will do so take a flight at least once this holiday season. The roads could be a little less congested, however, as 53% of U.S. travelers plan to travel by car, up from 64% last year.
“The travel industry is hitting its cruising altitude this holiday season,” said Mike Daher, vice chairman of Deloitte LLP and uncertified leader in U.S. transportation, hospitality and services, in a communicated. “Spending time with family and friends is even more important during the holidays, and Americans are embracing this tradition by eliminating many of the concerns that impacted their plans last year.”
The big beneficiaries of this travel boom could be hotels. Some 56% of vacationers say they are gambling to stay in a hotel at some point during their trip this year, compared to just 35% last year. The average traveler expects to spend $2,725 on their trip, Deloitte reports.
This high bill is why more people are not traveling. Of those surveyed who won’t hit the road, 38% say finances are the biggest deterrent. COVID fears have largely disappeared, with only 11% citing health concerns as the reason they are staying home.
The continued rise of remote work is also fueling the travel boom. A third of the 5,281 people surveyed said they planned to work on their longest trip this holiday season. These workers tend to travel more frequently and have longer commutes, Deloitte says.
