4 Ways Inflation Will Impact Your Summer Travel and Spending

May 20, 2024

As the weather warms and the days grow longer, you might be feeling an insatiable urge for travel and adventure. After all, strolling along the beach, hiking to a waterfall or simply enjoying a latte along a bustling street sounds far more appealing than sitting behind your desk from 9 to 5. However, inflation is casting a dark shadow on many Americans’ travel plans, turning dream getaways into anxiety-inducing nightmares. With inflation continuing to rear its ugly head, take a look at its impact on Americans’ summer vacation budgets and the strategies you can employ to save money this summer. Even if your budget is tighter this season, you don’t have to give up on the getaway you deserve. Opting for weekend getaways, day trips or a few days of restful bliss can help you cut back on costs while still enjoying a well-earned break. “Rising prices have had an impact on the type and length of holiday destinations people choose,” said Alonso Marly, travel expert at SkyLux Travel. “When just a few years ago travelers would go for long-distance trips more often than not, today, many people prefer to travel domestically or take shorter trips overseas instead.”

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