Inflation is Impacting Americans' Enthusiasm for Travel in 2023

In an IPSOS study of global holiday makers in 2023, 61% of US respondents indicated that that inflation and price increases were factors impacting their entusiasm for travel in 2023, this was followed by personal and family reasons. Further down the list in third place, COVID-19 still remained an area of concern for around a third of American travelers. Despite this, an overwhelming majority of Americans are looking forward to travel in 2023.

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This infographic shows the leading issues impacting Americans' enthusiasm for travel in 2023.

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Leading holiday travel destinations visited by UK travelers 2019-2024

Leading holiday travel destinations visited by UK travelers 2019-2024, by spending

Main ways of dealing with the cost of holiday travel in the U.S. 2024

Holiday retail sales in the United States 2000-2025

Year-to-year percentage of change in holiday retail sales in the U.S. 2000-2025

Leading holiday travel provider websites in the UK Q3 2025, by share of voice

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Inflation is Impacting Americans' Enthusiasm for Travel in 2023