Consumers Expected to Spend an Average of $762 Per Person on Holiday Travel
According to a new survey from RetailMeNot.com, holiday travel spending amongst consumers in 2012 could be robust and average $762 per person.
More than 4 in 10 adults typically travel away from home for Thanksgiving (41%) and Christmas (41%). The majority of adults traveling for the holidays plan to visit family or friends rather than go to a vacation destination. Of those who travel for Thanksgiving, 92% visit with family or friends and 8% actually take a vacation. Of those who travel for Christmas, 88% visit with family or friends and 12% actually take a vacation.
“It is clear from the survey that some adults avoid travel when possible and often use drastic measures to do so,” said Trae Bodge, senior editor, RetailMeNot.com. “Our survey found more than a quarter (26%) of adults with family who live in other locales have lied to get out of taking a trip to visit their relatives. Nearly 1 in 10 (9%) say they generally spend the holidays at home alone.”
Other results include:
- 50% of adults would spend $500 or more per person on travel-related costs during the holidays
- Adult consumers would spend an average of $762 per person on travel during the holidays.
- When traveling, close to half (47%) of adults find checked baggage fees the most frustrating travel fee, followed by airline fees for flight schedule changes (10%).
- Citing the financial burden, nearly half of adults (48%) would limit the number or size of gifts they pack for family/friends to avoid either shipping costs or extra airline luggage fees.
- 36% of holiday travelers are willing to pay shipping costs to mail the gifts ahead of time.
- 16% of travelers would bring all of their presents with them on a flight and pay the extra baggage fees.
- Despite the considerable cost of travel to visit family and relatives during the holidays, 85% still think that they should still buy their host a gift for the holidays.