Survey: Lack of money the top reason more Americans are not traveling this year

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Survey: Lack of money the top reason more Americans are not traveling this year
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Of 3,274 people who responded to a recent survey, 27% cited lack of money as the main reason for not traveling. Another 26% said they didn’t have enough time off from school or work.

. A combination of surging travel demand, industry staff shortages and general inflation led both U.S. hotel room rates and airfares to steadily rise in 2022, marking record highs by May 2022. While average prices for these travel costs have since eased, they’re still higher than pre-pandemic prices.

The number of tourists visiting Hawaii from other U.S. states was up nearly 11% in November 2022 versus the same month in 2019, according to the Hawaii Department of Business, Economic Development & Tourism. There are some standout ways that travelers have indicated they’re adjusting their money-saving strategies, particularly for 2023 bookings. One strategy could make for a lot more headaches: opting for less convenient travel itineraries in the interest of saving money.

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