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Traveling on these long-awaited voyages has proven difficult as people across America face higher prices, longer wait times, and numerous other travel disruptions.
According to a recent Bankrate survey, nearly four in five travelers experienced at least one travel-related issue when they embarked on an overnight trip.
More than half of travelers surveyed said they faced higher prices, while 29% experienced longer wait times and 27% of travelers struggled with poor customer service.
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Another 26% said they had availability that was difficult to find, and 14% said they lost money due to canceled or paused plans.
Travelers wait to collect their luggage on Friday, July 1, 2022 at Los Angeles International Airport in Los Angeles. (AP Photo/Jae C. Hong / AP Newsroom)
This comes at a time when costs are rising across the board. Bankrate cited recent data from the consumer price index, which indicated that gasoline prices rose 49% last year, while flights rose 38%, overnight stays rose 22% and restaurant costs rose 7%.
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85 percent of those faced with higher prices said the cost of transportation was higher than usual. Just over 60% said their accommodation was more expensive and 54% said activities were more expensive, according to the survey. This includes things like restaurants and tourist attractions.
Ted Rossman, Senior Industry Analyst at Bankrate.com, predicted the situation is likely to get worse due to pent-up demand.
Travelers wait for a TSA security checkpoint at Los Angeles International Airport in Los Angeles, Friday, July 1, 2022. (AP Photo/Jae C. Hong / AP Newsroom)
“The situation may get worse before it gets better as pent-up demand is unleashed this summer. High demand combines with the hottest inflation readings in four decades and ongoing staff shortages,” Rossman said.
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But even with inflation at a new 40-year high, there is still a high demand for travel. The data showed that 58% of American adults have traveled or plan to travel for leisure this year.
Most of them, around 52%, are willing to spend more than they would normally like, according to Bankrate data. According to the data, about 15% are willing to spend less.
Rossman said people should act quickly when planning a trip as prices are likely to remain high.
Additionally, Rossman said that credit card rewards, airline miles, or hotel points can help “defray the cost of your trip.”