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Gas prices and inflation overtake Covid as top travel worry

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Most Americans have decided to get on the road after more than two years spent largely at home because of the pandemic.

Yet inflationAnd a record-breaking feat gasoline pricesAre putting a lot of pressure on vacationers who are looking to go, more than CovidA report identifies concerns.

A little over 60% of Americans stated they planned to take more vacations this year than last, despite higher travel costs. scale back their plans and go shorter distancesIt is the survey by Morning Consult and commissioned by the American Hotel & Lodging Association found.

A third of them are most likely to be cancelled.

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Following the peak summer driving season in 2016, gas prices rose sharply. Russia’s invasion of UkraineThey are showing no sign of slowing down.

AAA data shows that Tuesday saw a new record high for national unleaded gas prices of $4.62 per g. The prices are more than half the price of last year. 

Analysts believe that gasoline prices peak around mid-May. However, this year the prices could rise to about $17 per gallon. $5 a gallonMore.

Now, 90% of Americans consider the price of gas in their decisions about whether to travel in the next three months, the American Hotel & Lodging Association found.

A similar percentage of respondents also believe inflation plays a role in their future plans. 78% of those surveyed now believe that Covid rates play a role in their decision to travel this summer.

“The pandemic has instilled in most people a greater appreciation for travel, and that’s reflected in the plans Americans are making to get out and about this summer,” said Chip Rogers, the American Hotel & Lodging Association’s president and CEO.

Covid’s travel negative effects are beginning to diminish, and a new set if challenges emerge in the form historic inflation or record high gasoline prices.

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