Despite 72% of Americans feeling the impact of
inflation, U.S. travelers say they plan to travel in 2023 "no
matter what"
SEATTLE, April 27,
2023 /PRNewswire/ -- Today Expedia released its
23rd-annual Vacation Deprivation report, finding that
global vacation deprivation levels have reached a 10-year high as
working adults navigate inflation, workplace labor shortages and
busy schedules. Despite these obstacles, a whopping 81% of
travelers worldwide plan to take as many — if not more — trips in
2023, pledging to travel "no matter what."
Experience the full interactive Multichannel News Release here:
https://www.multivu.com/players/English/9084353-expedia-global-2023-vacation-deprivation-report/
The 2023 report polled more than 14,500 people across 16
countries. Key findings on U.S. vacation deprivation include:
- Americans receive and take the fewest vacation days annually
compared to the rest of the world. 63% of U.S. working adults
report they are vacation deprived, up from last year (59%).
- More than half of U.S. (58%) and global (56%) respondents say
their workplace or industry is battling labor shortages, making it
challenging to take time off.
- Despite 72% feeling impacted by inflation, Americans continue
to prioritize travel. On average, they are twice as likely to cut
back on their grocery bills and dining out than consider postponing
a vacation.
- Expedia flight data showing searches for summer getaways are up
25% year-over-year indicates Americans are on a path to reduce
vacation deprivation in 2023.
- New Expedia tools including Price Tracking & Predictions
help vacation deprived Americans reclaim their time off, as nearly
three-quarters (72%) of Americans say they find booking travel
stressful in the search to find the best deal.
"Vacation Deprivation is feeling like you don't have enough
vacation time but it's a sneakier, more complex syndrome than
that," says Melanie Fish, head of
Expedia Group brands public relations. "Vacation deprivation is
also not taking all the vacation time you're entitled to because
planning feels overwhelming. Expedia is really focused on making it
easier for travelers to go, whether that's through flexible rates,
price tracking for flights or member savings."
To read more download the global 2023 Vacation Deprivation
report here.
Notes to Editor
Visual Assets: Destination images, Global Vacation
Deprivation report and infographics available for download.
Additional findings on the state of Vacation Deprivation in
the U.S.:
- Millions of American vacation days go unused
-
- Americans continue to receive and take the least amount of
vacation time in the world in 2022, receiving an average of 12 days
but taking 11. This was over a week less (8.5 days) than the global
average. Vacation deprivation rates this year (63%) are nearly on
par with 2021 (64%), when Americans were still reeling from
lockdowns and travel restrictions.
- Nearly half (45%) of Americans left vacation days on the table
in 2022, while many used their vacation days for reasons other than
a vacation: three-in-five (62%) used at least one day for personal
appointments, while another 62% used an average of almost two
vacation days in lieu of sick days.
- Financial reasons including the rising cost of living was the
biggest factor preventing Americans from using all their vacation
time, followed by workplace considerations. Labor shortages were
the most common workplace obstacle, with many finding it
challenging to get someone to cover their work (61%) or worried
about their workload on their return (66%).
- Workers seeking flexibility from their employers
-
- Historically, Americans have received and taken around two
weeks of vacation time or less annually since the Vacation
Deprivation Report launched in 2000, and this year's report shows
that U.S. workers are ready for a change.
- Nine-out-of-10 vacation deprived Americans feel regular
vacations are a basic right (91%) and essential to general health
and well-being (92%). And while most Americans feel their employers
are supportive of them taking time off, they still overwhelmingly
wish their company would improve its time-off policies (72%) or
even implement a 4-day work week (82%) to give them more time for
appointments, errands and travel.
- The 2023 report also examined the impact of unlimited time-off
policies, finding the U.S. workers that receive unlimited time off
(12% of respondents) took an additional 3.5 days off in 2022
compared with the national average. They also reported
significantly lower vacation deprivation levels (43% vs. 63%), a
compelling argument for small changes making a large difference in
attitudes.
- Americans continue to prioritize travel
-
- Looking ahead, U.S. travelers seem determined not to let
economic worries hold them back this year, supported by Expedia
flight data that shows searches for summer getaways are up 25%
year-over-year.
- In fact, a mere 8% of Americans say they plan to take fewer
vacation days out of worry about the economy or a recession. Most
(62%) actually intend to take just as many trips if not more than
last year, while nearly one in five respondents said they plan to
travel "no matter what."
- With all this to consider, it's no surprise Americans want to
be reassured that they are getting the best value when traveling:
66% of those that are vacation deprived also like to shop around
for deals, with nearly three-quarters (72%) finding booking travel
stressful as they wonder whether they've gotten a good deal. To
help vacation deprived Americans reclaim their well-deserved time
off, the latest Expedia app features have been designed with the
traveler in mind. Using Expedia data, AI and machine learning, the
in-app features include:
-
- Price Tracking & Prediction: View price history,
receive alerts when prices fluctuate, and understand when prices
are likely to change to help take the guesswork out of
booking.
- Packages: Book airfare, hotel and car at the same time
on Expedia, otherwise known as bundling, to instantly unlock
savings.
- Trip planning boards: Launching in June, this
collaborative tool takes the stress out of trip planning by
allowing groups of travelers to plan the perfect trip
together.
- Conversational trip planning: iOS users can use
Expedia's new in-app feature powered by ChatGPT to make travel
planning easier. Start an open-ended conversation in the Expedia
app and get recommendations on places to go, where to stay, how to
get around, and what to see and do.
About the research:
- Expedia first commissioned Vacation Deprivation in 2000 to
examine the work-life balance of people worldwide. The annual study
is currently in its 23rd year and was conducted online
among 14,527 respondents across North and South America, Europe and Asia-Pacific. Commissioned from February 9 to March 3, 2023, on behalf of Expedia
by Northstar Research Partners, a global strategic research firm,
responses were gathered using an amalgamated group of best-in-class
panels. Looking at the margin of error for the global average, a
1-4% difference is statistically significant at 90%
confidence.
About Expedia
Expedia® is one of the world's leading full-service
travel brands, with a mission of helping travelers get the most out
of every trip they take by providing everything they need all in
one place and, above all else, feel supported every step of the
way.
Our commitment to insights matched with our unprecedented scale
allows us to understand our travelers better than anyone else,
delivering exactly what they need, when they need it. Our
personalized experiences backed by incredible technology enable us
to deliver the widest selection of product offerings across
accommodations, transportation, activities and experiences, helping
you get the most out of your journey.
Use our mobile app or visit expedia.com to plan your journey
with us.
© 2023 Expedia, Inc., an Expedia Group company. All rights
reserved. Trademarks and logos are the property of their respective
owners. CST: 2029030-50
Follow Expedia on Instagram, TikTok, Pinterest, Twitter and
YouTube.
View original
content:https://www.prnewswire.com/news-releases/global-vacation-deprivation-at-a-ten-year-high-expedia-reports-301810011.html
SOURCE Expedia