Why travelers in the U.S. are traveling less and staying home
Millions of Americans are skipping their trips, opting to travel instead of spending money, in part to save money on gas and travel insurance.
But they’re doing it at a cost: The travel restrictions imposed by the Trump administration have forced airlines to curtail the number of travelers from the U, including from destinations like Israel, the U-Korea, and South Korea.
The cuts have prompted some travelers to choose to cancel their travel plans, which have pushed up hotel prices and caused the national debt to skyrocket.
But it’s not just the U that is being hit hard by the travel restrictions.
According to the UCL Travel Scorecard, the average American travel budget increased by $5,664 from the first quarter of 2017 to the first three months of 2018.
The average travel price increased by nearly $3,500 from the third quarter of 2016 to the third half of 2018, and the average cost of a two-night stay increased by more than $1,000.
“The U.K., Germany, Canada, Australia, France, Italy, the Netherlands, Spain, and Switzerland are among the countries that saw the largest increases in average price increases,” the Ucl Travel Scorebook says.
“The average cost for a stay in each of these countries increased by a cumulative $8,944 in the first six months of this year.”
“These are the big countries that people are spending money on and spending a lot of money,” Matthew Poulter, a senior analyst with travel agency Priceline, told Business Insider.
“There are so many more places in Europe, China, South America, the Middle East, Africa, Asia, Australia.
So, they’re all really expensive.”
In the U., the ULC Travel Scorecards show that average spending on travel has increased by almost $7,000 since the beginning of the year, and average hotel costs have increased by over $2,000, making it the most expensive country in the world.
“It’s a pretty clear pattern,” Poulson told BusinessInsider.
“You see the same trend across the board.”
The ULC data is based on data collected from the airlines themselves.
It includes data from the companies’ website and other information from the carriers’ website.
The UCL report does not include data from other travel sites like Expedia, Orbitz, and Travelocity.
But the companies have been publicly discussing the data for months, and Poulters says the data shows the trend is getting worse.
“This is a big trend,” Poulster said.
“And the ULLC data is also based on the travel plans of passengers.”
The travel restrictions are a major problem for travelers, who have had to adjust their plans due to the cuts.
“Some people have been told to reduce their spending and others are told to stay home and save money,” Puls said.
The ULLT data also shows that the number one reason travelers are canceling their trips has more to do with the cost of travel insurance than with the travel restriction.
The report found that average rates for a one-night out of town stay increased from $1.86 to $2.12, and for a two night out of place stay, it increased from about $1 to $3.08.
It also shows the percentage of U.N. workers who do not have enough money to cover a trip has increased significantly, from 25% in the fourth quarter of 2018 to 36% in early 2019.
“That means that the UOLT data is showing a very big increase in the number and severity of cancellations,” Poulos said.
“That has really put pressure on ULLI [Uniform Lending Instrument, a travel insurer] and its suppliers to increase their rate,” Povitt told Business Insider.
Poulter says that the data on cancellations has been mixed.
“It’s very hard to tell how widespread it is,” he said.
Poulton says he knows of a couple people who cancelled their flights but that “many others have said they will continue to book travel because it is cheaper and they have more room to spare.”
“We have a large number of people who have said to us that they are cancelling because they can’t afford to travel,” Poultersaid.
“We’ve also seen a trend where the percentage going to the airlines is actually going up,” Pivitt said.
“There’s a lot more competition,” Polt said.