Springtime’s here. Feeling that urge to pack your bag and go have an adventure? If so, you’re not alone. They’re saying 2022 might be the Year of Travel.
Early signs – from hotel and flight bookings to consumer surveys – all point to a comeback for the travel industry. Despite inflation…despite airlines having to find creative routes around Russian airspace… people are just ready to take a great trip with their loved ones.
American Express (NYSE:AXP) released the results of their 2022 Global Travel Trends survey on Monday, and here’s what they found:
- 86% of respondents expect to spend more or the same on travel in 2022 versus before the pandemic
- 76% plan to travel more with family this year
- 74% are willing to book a trip for 2022 even if they might have to cancel or modify it later
- 65% would rather take their dream vacation than purchase a new car
AmEx conducted this survey from Feb. 3-11 (in the U.S., Canada, Mexico, the U.K.,…