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Survey shows more Americans plan reduced travel spending into 2026
Research
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Clint Henderson Managing editor | The Points Guy

Travel demand in the United States is showing signs of slowing as 2026 approaches, according to a new survey conducted by YouGov and commissioned by The Points Guy (TPG). Despite travel's resilience throughout 2025, major airlines have reported in their third-quarter earnings that expectations for the remainder of the year are lower than they were at its start. Economic factors such as tariffs, inflation, and high interest rates continue to affect consumer spending on travel.

The survey indicates that nearly 40% of consumers plan to spend less on travel in 2026, while 57% expect to spend the same or slightly more. "Interestingly, according to our new polling, when it comes to spending less, women (43%) are the driving force, not men (35%)," TPG noted. This marks a significant shift from earlier this year when only 9% reported traveling less compared to the previous year.

Consumers are adopting various strategies to reduce trip expenses. Many are opting to drive instead of fly, stay in more affordable accommodations, and select destinations based on price. These changes align with advice from TPG experts who recommend traveling where the dollar is strong and visiting secondary cities or countries that may be less popular among tourists.

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Younger travelers from Generation Z are more likely than older generations to save money by choosing budget accommodations and visiting less popular destinations. In contrast, baby boomers and older travelers tend to prefer driving as their primary cost-saving measure.

The U.S. dollar has lost about 10% of its value so far in 2025. As a result, some consumers have shifted their plans: 14% say they will opt for domestic trips instead of international ones, while another 8% plan to visit countries where the dollar remains relatively strong. However, most respondents—67%—said currency fluctuations do not impact their travel decisions.

Recent international events have also influenced travel choices. Reports of foreign visitors facing increased scrutiny at U.S. borders and ongoing trade tensions have led just over a quarter of those surveyed to reconsider international travel plans due to recent turmoil in the country. Younger generations appear less likely than Generation X or older groups to alter their international travel habits under these circumstances.

Overall, while many Americans remain eager to travel next year, there is an increasing trend toward reducing both frequency and spending on trips.

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