Many Americans are planning to hit the road for upcoming spring and summer vacations, but what kind of impact will the raising gas prices driven by the Russia-Ukraine war have on these plans? Currently at a national average of $4.06 per gallon, U.S. gas prices are the highest they’ve been since 2008. Although this won’t cancel the American road trip, the higher cost will impact consumer behavior regarding frequency of travel, distance traveled and money spent while traveling.

According to the latest Covid and American Travel Sentiment survey from Longwoods International, the increased expenses caused by high gas prices will likely limit the number of trips travelers take and influence travelers to choose destinations closer in proximity. It is also likely to affect the traveler’s budget, influencing cheaper accommodation stays and dining choices.

(Skift, 03.08.22)

If you have questions on what this means for you, contact us today at info@h2rmarketresearch.com or schedule a free consultation today.

Related Stories:

WTTC Predicts Strong US Travel & Tourism Recovery This Year

Higher Wages, Higher Room Prices

Airfare Set to Rise