Airport Experience News - Spring 2022

Page 6

DATA CHECKS

ENTHUSIASM UPTICK

Travelers Are Eager, But Finances and Coronavirus Are Concerns For Some

l State of Mind: Willingness To Travel

28.6%

I'm already traveling

BY CAROL WARD

86.2%

27.5%

I'm ready to travel, with no hesitations

30.1%

ready to travel, but feel some hesitation

Travel Mind: Willingness To Travel eed a little more time State to be of ready to travel

10.1%

3.7% need a lot more time to be ready to travelI'm already traveling

28.6%

0% I'm ready to travel, with no hesitations

25%

27.5%

All respondents, 4,007 completed surveys. Data collected March 15-23, 2022. : Destination Analysts

50%

86.2%

30.1%

I'm ready to travel, but feel some hesitation

10.1%

I need a little more time to be ready to travel 3.7%

I need a lot more time to be ready to travel 0%

25%

50%

Base: All respondents, 4,007 completed surveys. Data collected March 15-23, 2022. Source: Destination Analysts

oronavirus-related worries are on the wane among travelers but new concerns about rising inflation are impacting plans as the summer travel season 56.3% Confident, approaches, according to data compiled by 32.4% Destination Analysts. More than one-fifth of respondents to Very surveys conducted in mid-March said they confident, are extremely concerned about inflation Travel State of Mind: Confidence in Travel Safety 23.9% impacting their financial well-being, and more than 70 percent expressed some level 56.3% Confident, of concern. Nearly 56 percent of respondents said inflation will likely cause them to 32.4% rethink budgets for upcoming travel. Somewhat Not at all Travelers also have some lingering confident, Very confident, Not very concerns among about contracting Covid-19. 32.6% confident, 2.0% confident, Nearly 50 percent of respondents said they 23.9% 9.0% are concerned, with more than 10 percent characterizing themselves as “extremely Base: All respondents, 4,007 completed surveys. Data collected March 15-23, 2022. concerned.” About 20 percent were in Source: Destination Analysts the middle, while roughly 30 percent were Somewhat generally unconcerned. Not at all

C

Travel State of Mind: Confidence in Travel Safety

confident, 2.0%

Not very confident, 9.0%

confident, 32.6%

Base: All respondents, 4,007 completed surveys. Data collected March 15-23, 2022. Source: Destination Analysts

4

A X N E W S S P RI N G 2 0 2 2

Strong Desire Financial impact and COVID concerns notwithstanding, travelers remain eager to get out and about again, with more

than 61 percent of survey respondents saying travel spending is a priority in the spring/early summer timeframe. That number has been rising steadily since the start of the year. Only 18.5 percent of respondents characterized travel spending as low priority. Excitement for leisure travel is particularly strong when looking beyond the three-month time period. More than four-fifths of respondents characterize themselves as excited to embark on leisure travel in the next 12 months, 21% stating they are with nearly 30 percent “extremely excited.” Less than 10 percent of respondents had negative attitudes toward leisure travel. Examining the travel state-of-mind, the survey showed that 28.6 percent of respondents are already traveling, 27.5 percent are ready to travel 21% with no hesitation and 30.1 percent are ready to travel but feel some hesitation. Confidence in safety' is on the rise as well, with 56.3 percent of respondents saying they are “confident” or “very confident” they can travel safely in the current environment.

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