According to an October 2022 study, roughly seven in ten surveyed Britons believed that the rising cost of living might impact their vacation plans. While 86 percent of respondents aged 25 to 34 reported thinking that inflation could influence holiday planning, around 60 percent of interviewed Britons aged 65 years and older stated the same.
Share of individuals believing that the rising cost of living may have an impact on holiday decisions in the United Kingdom (UK) as of October 2022, by age group
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Statistics on Impact of inflation on travel and tourism worldwide
Impact on travel in the United States
6
- Premium Statistic Change in the travel price index vs. consumer price index in the U.S. 2022-2023
- Premium Statistic Change in the travel price index in the U.S. January 2023, by industry
- Premium Statistic Share of people who avoided expenditures in the U.S. 2022
- Premium Statistic Main barriers to travel in the U.S. 2022
- Premium Statistic Impact of high prices on travel plans in the U.S. 2022
- Premium Statistic Share of U.S. travelers changing their holiday plans due to inflation 2022, by income
Impact on travel in Europe
7
- Basic Statistic Annual average HICP of travel and tourism services in the EU 2019-2022
- Basic Statistic HICP inflation rate of travel and tourism services in the EU 2023
- Basic Statistic HICP inflation rate for restaurants and cafés in the EU 2017-2023
- Basic Statistic HICP inflation rate for hotels and similar accommodation in the EU 2017-2023
- Premium Statistic Perceived change in travel prices among European consumers 2022
- Premium Statistic Europeans' main concerns about trips within Europe 2022
- Premium Statistic European travelers most concerned with rising travel costs 2022, by country
Impact on travel in the United Kingdom
5
- Premium Statistic Annual average CPI inflation rate of travel and tourism services in the UK 2019-2022
- Premium Statistic CPI inflation rate of travel and tourism services in the UK 2022-2023
- Premium Statistic Main barriers to taking overnight domestic trips among adults in the UK 2022
- Premium Statistic Share of Britons thinking that cost of living might impact holiday plans 2022, by age
- Premium Statistic Britons' main responses to the impact of cost of living on vacations 2022
Impact on global business travel
4
- Premium Statistic Global travel managers' plans for business trips due to economic concerns 2022
- Premium Statistic Main perceived barriers for corporate travel worldwide 2022
- Premium Statistic Main obstacles to business travel according to travel managers worldwide 2022
- Premium Statistic Main obstacles to business travel according to global travel managers 2022, by region
Further related statistics
21
- Britons' main responses to the impact of cost of living on vacations 2022
- Share of Britons cutting back on holidays due to the cost of living 2022
- Impact of inflation on vacation plans in Poland 2022
- Public opinion on the impact of inflation on summer travel in the U.S. 2022
- Share of U.S. travelers changing their holiday plans due to inflation 2022, by income
- Consumer willing to give up non-essentials to fund their next vacation worldwide 2022
- Most popular vacation activities among Germans in Germany in 2021
- United States: leading consumer cutbacks on travel due to inflation 2022
- Share of adults considering inflation when deciding to travel in the U.S. 2022
- Most popular vacation destinations among Germans 2020-2022
- Average length of vacation trips taken by Germans 2022
- Number of vacation trips taken by Germans 2005-2021
- Average summer vacation travel spend per person in the U.S. 2022
- Most popular types of summer vacation destinations for travelers in the U.S. 2022
- Number of Germans interested in vacation and travel 2018-2021
- Leading transportation types when planning summer vacation in the U.S 2022
- Leading vacation types of affluent consumers Asia 2022, by destination
- Vacation trips in Germany in 2021/2022, by type of booking
- Most common months adults plan to go on vacation in summer in the U.S 2022
- Vacation behavior of affluent consumers Asia 2022
- Method of financing summer vacation in Poland 2022
Further Content: You might find this interesting as well
Deloitte, & Travel Weekly. (December 7, 2022). Share of individuals believing that the rising cost of living may have an impact on holiday decisions in the United Kingdom (UK) as of October 2022, by age group [Graph]. In Statista. Retrieved March 21, 2023, from https://www.statista.com/statistics/1359521/cost-of-living-impact-holiday-plans-by-age-united-kingdom/
Deloitte, und Travel Weekly. "Share of individuals believing that the rising cost of living may have an impact on holiday decisions in the United Kingdom (UK) as of October 2022, by age group." Chart. December 7, 2022. Statista. Accessed March 21, 2023. https://www.statista.com/statistics/1359521/cost-of-living-impact-holiday-plans-by-age-united-kingdom/
Deloitte, Travel Weekly. (2022). Share of individuals believing that the rising cost of living may have an impact on holiday decisions in the United Kingdom (UK) as of October 2022, by age group. Statista. Statista Inc.. Accessed: March 21, 2023. https://www.statista.com/statistics/1359521/cost-of-living-impact-holiday-plans-by-age-united-kingdom/
Deloitte, and Travel Weekly. "Share of Individuals Believing That The Rising Cost of Living May Have An Impact on Holiday Decisions in The United Kingdom (Uk) as of October 2022, by Age Group." Statista, Statista Inc., 7 Dec 2022, https://www.statista.com/statistics/1359521/cost-of-living-impact-holiday-plans-by-age-united-kingdom/
Deloitte & Travel Weekly, Share of individuals believing that the rising cost of living may have an impact on holiday decisions in the United Kingdom (UK) as of October 2022, by age group Statista, https://www.statista.com/statistics/1359521/cost-of-living-impact-holiday-plans-by-age-united-kingdom/ (last visited March 21, 2023)
Share of individuals believing that the rising cost of living may have an impact on holiday decisions in the United Kingdom (UK) as of October 2022, by age group [Graph], Deloitte, & Travel Weekly, December 7, 2022. [Online]. Available: https://www.statista.com/statistics/1359521/cost-of-living-impact-holiday-plans-by-age-united-kingdom/