American travelers are being scared by gas prices this summer, while Canadians seem to be avoiding international travel. According to the latest Longwoods International survey, 44% of American travelers say they’re reducing the number of trips they’re taking because of record-high prices at the pump, up from 36% in May. A similar percentage are also shifting to destinations closer to home as another way to cope with high gas prices. Only 12% of those surveyed said rising gas prices are not impacting their travel plans. “Fuel costs continue to be a drag on the travel industry recovery,” said Amir Eylon, Read more
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Rising fuel prices means those heading out on road trips this year are being forced to make adjustments. A recent survey conducted by CAA South Central Ontario has found that rising gas prices are having an impact on road trip plans now that gas is higher than $2 per litre. Seventy-six per cent of those surveyed say they have a road trip planned within the province this year, while 26 per cent are planning an out-of-province road trip, and 23 per cent are planning to drive to the US. Of those who are planning a road trip, 64 per cent of these Read more
Move over, COVID-19; gas prices are a bigger concern than you. According to the latest Longwoods International tracking study of American travelers, only 20% of travelers said that the coronavirus would greatly impact their decision to travel in the next six months, the lowest percentage since the pandemic began two years ago. But 38% reported that rising gas prices will greatly impact their travel decisions in the next six months. “With concerns about COVID-19 more and more in the rear-view mirror, we are seeing a face-off between the pent up demand to hit the road and fuel costs,” said Amir Read more
