Impact of inflation on travel and tourism worldwide

Impact of inflation on travel and tourism worldwide
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Statista Dossier on the impact of inflation on travel and tourism worldwide

This dossier presents a range of statistics and facts on the impact of inflation on travel and tourism worldwide. It provides key data on inflation rates of travel and tourism services in the United States, Europe, and the United Kingdom, also showing how the rising cost of living might influence travel behavior and planning in those markets. Finally, the report focuses on the impact of inflation on global business trips.

Table of contents

    • Change in the travel price index vs. consumer price index in the U.S. 2022-2023

    • Change in the travel price index in the U.S. February 2023, by industry

    • Share of people who avoided expenditures in the U.S. 2022

    • Main barriers to travel in the U.S. 2022

    • Impact of high prices on travel plans in the U.S. 2022

    • Share of U.S. travelers changing their holiday plans due to inflation 2022, by income

    • Annual average HICP of travel and tourism services in the EU 2019-2022

    • HICP inflation rate of travel and tourism services in the EU 2023

    • HICP inflation rate for restaurants and cafés in the EU 2017-2023

    • HICP inflation rate for hotels and similar accommodation in the EU 2017-2023

    • Perceived change in travel prices among European consumers 2022

    • Europeans' main concerns about trips within Europe 2022

    • European travelers most concerned with rising travel costs 2022, by country

    • Annual average CPI inflation rate of travel and tourism services in the UK 2019-2022

    • CPI inflation rate of travel and tourism services in the UK 2022-2023

    • Main barriers to taking overnight domestic trips among adults in the UK 2022

    • Share of Britons thinking that cost of living might impact holiday plans 2022, by age

    • Britons' main responses to the impact of cost of living on vacations 2022

    • Global travel managers' plans for business trips due to economic concerns 2022

    • Main perceived barriers for corporate travel worldwide 2022

    • Main obstacles to business travel according to travel managers worldwide 2022

    • Main obstacles to business travel according to global travel managers 2022, by region

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