You can learn a lot about people from their travel habits generally and their attitudes toward winter travel in particular. After all, winter travel can be especially trying, on both our patience and our wallets.
To get a better sense of how U.S. consumers are feeling about their ability to get away heading into the most expensive time of the year, WalletHub conducted a nationally representative online survey. You can find the results in the following infographic.
Key Stats
- 40% of people say the Federal Reserve’s rate hikes will affect their travel plans this winter.
- 69% of people are worried about inflation when it comes to travel.
- More than 1 in 4 people plan to apply for a new credit card to save on winter travel.
- 55% of people plan to redeem rewards to help with winter holiday expenses.
- Nearly 60% of people say gas is too expensive for a road trip this winter.
Full Details Overall
Do you plan to travel away from home this winter? | |
---|---|
Yes | 72% |
No | 28% |
If no, what is the main reason you’re not planning to travel away from home this winter? | |
Can’t afford it | 36% |
Don’t feel like it | 22% |
Need to save money | 22% |
Other | 18% |
Fear of Covid | 2% |
How will your winter travel spending compare to last year? | |
More | 55% |
Same | 28% |
Less | 17% |
Are you worried about inflation it comes to travel? | |
Yes | 69% |
No | 31% |
Do you plan to apply for a new credit card to save on travel this winter? | |
No | 74% |
Yes | 26% |
Do you plan to redeem credit card rewards to help with your winter holiday spending? | |
Yes | 55% |
No | 45% |
Will the Federal Reserve’s rate hikes affect your travel plans this winter? | |
No | 60% |
Yes | 40% |
Is it worth paying an annual fee to get a hotel or airline credit card with better perks? | |
No | 61% |
Yes | 39% |
Do you use a different credit card for travel expenses? | |
No | 55% |
Yes | 45% |
Is gas too expensive for a road trip this winter? | |
Yes | 58% |
No | 42% |
Note: Percentages may not total 100% due to rounding.