29% of U.S. adults plan to take on debt to travel this summer, survey finds
How did your country report this? Share your view in the comments.
Introduction:
The news topic “29% of U.S. adults plan to take on debt to travel this summer, survey finds” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.
Quick Summary:
- Survey: 46% of U.S. adults intend to travel this summer. 29% are planning to take on debt for that vacation.
- A new Bankrate survey finds just 46% of U.S. adults plan to travel this summer. Among those skipping a trip, 65% say it’s simply too expensive — with rising everyday costs cutting into vacation budgets. Discover cost-saving travel tips that can help you plan smarter. Use rewards points or travel miles. Be flexible with your dates and destinations. Set up price alerts with travel apps. Consider a staycation to explore your local area.
- One in four American adults are planning to stay put rather than make a summer vacation trip, according to new data from Bankrate. Of those who didn’t plan to take a vacation, 65% said they wouldn’t be able to afford a trip. About 4 in 10 Americans planned a stateside trip and about 15% planned international travel. The U.S. dollar is down close to 10% from where it was at the start of the year — driven in part by economic uncertainty amid the ongoing tariff debate going on around the globe.. Restaurants and hotels in Europe and Asia are expected to cost Americans more, as tariffs affect businesses that make money from foreign travel, such as Canada and Michigan. The number of international travelers to the United States dropped 14% from January to February 2025, compared to February 2024. The amount of international travel across the Ambassador Bridge and Detroit-Windsor Tunnel dropped 12% compared to January 2025.
Country-by-Country Breakdown:
Original Coverage
Survey: 46% of U.S. adults intend to travel this summer. 29% are planning to take on debt for that vacation. Read full article
Travel or debt? Bankrate study highlights Americans’ vacation dilemma
A new Bankrate survey finds just 46% of U.S. adults plan to travel this summer. Among those skipping a trip, 65% say it’s simply too expensive — with rising everyday costs cutting into vacation budgets. Discover cost-saving travel tips that can help you plan smarter. Use rewards points or travel miles. Be flexible with your dates and destinations. Set up price alerts with travel apps. Consider a staycation to explore your local area. Read full article
Steep travel costs are keeping prospective vacationers home this year, survey says
One in four American adults are planning to stay put rather than make a summer vacation trip, according to new data from Bankrate. Of those who didn’t plan to take a vacation, 65% said they wouldn’t be able to afford a trip. About 4 in 10 Americans planned a stateside trip and about 15% planned international travel. The U.S. dollar is down close to 10% from where it was at the start of the year — driven in part by economic uncertainty amid the ongoing tariff debate going on around the globe.. Restaurants and hotels in Europe and Asia are expected to cost Americans more, as tariffs affect businesses that make money from foreign travel, such as Canada and Michigan. The number of international travelers to the United States dropped 14% from January to February 2025, compared to February 2024. The amount of international travel across the Ambassador Bridge and Detroit-Windsor Tunnel dropped 12% compared to January 2025. Read full article
US Travel Plans Crumble Under Pressure as Inflation and Affordability Concerns Keep Millions From Planning their next Trip
A new Bankrate survey reveals that only 46% of U.S. adults intend to travel during the summer months. Financial hardship stands out as the top reason why many are skipping summer travel. Among those not traveling, 73% of millennials (29–44 years old) say they can’t afford it, followed closely by 68% of baby boomers (61–79) and 67% of Gen X (45–60) Only half of Gen Z (18–28) report affordability as their main concern. Nearly 1 in 3 (29%) say they will incur debt to fund their travel. This includes 23% planning to carry a balance on their credit cards, 5% using buy-now-pay-to-pay, and 23% using a prepaid debit card to pay for their trip. Read full article
Summer Travel Too Expensive For One Quarter Of Americans, Per New Survey
A new survey says that about 25% of U.S. adults do not plan to travel on vacation this summer. Most who don’t plan toTravel say they cannot afford the expense, according to the survey. The survey, conducted online March 10-12, sampled 2,238 U.s. adults, and the results, Bankrate says, are representative of all American adults. (The results exceed 100%, because some survey respondents gave multiple responses.)Among non-travelers, 65% say it is because they can’t afford to travel right now. Other reasons for opting out of summer travel this year include not being interested in traveling for a vacation, being unable to take time off work and finding it too much of a hassle, the survey says.. Younger generations are more likely to go into debt as a result of not going on vacation. Read full article
Survey: Fewer Than Half of Americans Plan to Travel This Summer; Cost is a Major Concern
Only 46 percent of U.S. adults are planning to travel this summer. 65 percent of non-travelers say they can’t afford to travel and 23% cite a lack of interest in traveling currently. Nearly 3 in 10 (29 percent) of prospective travelers are Planning to take on debt to book trips. Nearly 7 in 10 people (68%) who can”t afford. to travel say everyday life is too expensive, while 64% say travel is. too expensive. Not being able to take time off work and travel being too much of a hassle both came in at 16 percent. Not too late to plan a summer getaway. To save money, consider putting existing rewards points and miles to use. You can also sign up for a new credit card to earn a welcome bonus that can fund a free or discounted trip. Bankrate Data Center Since 1976, Bankrate has been the go-to source for traveler information. Read full article
Global Perspectives Summary:
Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.
How did your country report this? Share your view in the comments.
Sources:
- Original Article
- Travel or debt? Bankrate study highlights Americans’ vacation dilemma
- Steep travel costs are keeping prospective vacationers home this year, survey says
- US Travel Plans Crumble Under Pressure as Inflation and Affordability Concerns Keep Millions From Planning their next Trip
- Summer Travel Too Expensive For One Quarter Of Americans, Per New Survey
- Survey: Fewer Than Half of Americans Plan to Travel This Summer; Cost is a Major Concern
Source: https://www.cbsnews.com/newyork/video/29-of-u-s-adults-plan-to-take-on-debt-to-travel-this-summer-survey-finds/