Inflation is No Deterrent for the Majority of Travellers

As business started picking up again after the pandemic, inflation and the cost of living crisis worsened, threatening more uncertainty for the hospitality industry. However, contrary to what may have been expected, inflation is not putting travellers off.

Travel has become a bigger priority for some consumers than it was before the pandemic, with many considering it an important factor in maintaining their mental health. Even those who are feeling the effects of the current economic situation are continuing to prioritise travel by cutting back on other costs.

In this article, we’ll explore more about consumer attitudes to travel post-pandemic and what that means for your property.

How Do Travellers Feel About Inflation?

The 2022 Changing Traveller Report – a survey of 8,000+ travellers in Australia, China, France, Germany, Indonesia, Italy, Spain, Thailand, UK, USA – has revealed that “the urge to travel is a stronger force than rising inflation”.

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