Getting to Europe is cheaper this summer — but everything costs more when you’re there

July 6, 2025
3,550 Views



Indeed, Tourism Economics found travel spending by U.S. residents abroad rose 8.6% in the first four months of the year from the same period a year earlier. “This indicates continued U.S. outbound demand,” the firm said.

While the economy and household finances always influence travel demand, “today those factors are looking to have more of a negative impact than positive one,” said Nicki Zink, deputy head of industry analysis at the market research firm Morning Consult.

In the group’s recent survey, 31% of consumers said both the state of the U.S. economy and personal financial pressures are reducing their interest in leisure travel in the next three months, “higher than any other factor we survey about,” said Zink.

For its own part, the tourism market research firm Future Partners found 47% of American travelers are likely to venture abroad in the next 12 months, but 35% said uncertainty around U.S. policy changes had already caused them to reconsider or delay those plans. And in a NerdWallet survey last month, 11% of consumers said they’d scrapped international travel plans this year over global relations or economic uncertainty.

Our affluent clients are still going after those bucket-list adventures.

Mandee Migliaccio, CEO, Stepping OUT TRAVEL SERVICES

Plenty of Americans are still packing their passports, though. Millennials, for example, “are increasingly considering international destinations, despite the higher cost compared with domestic trips,” said Zink, adding that interest in destinations across South and Central America, the Caribbean and northern Europe have risen this year.

Wealthy travelers are also still traveling with gusto, extending a trend that has intensified since the recovery from the pandemic.

“Our affluent clients are still going after those bucket-list adventures and once-in-a-lifetime experiences,” said Mandee Migliaccio, CEO of the New Jersey-based agency Stepping Out Travel Services. “While they’re definitely keeping an eye on the headlines, they typically won’t change plans unless a destination really becomes unstable.”

Migliaccio acknowledged she has seen some subtle shifts lately, with some clients asking to trim flight costs or deciding to skip a stop to keep things more efficient.

“It’s not so much ‘I can’t go’ as it is, ‘How can I make this work for me?’” she said. “People are being strategic, spending where it matters most, and opting for curated experiences over excess.”



Source link

You may be interested

Apple beta season is here
Technology
shares2,757 views
Technology
shares2,757 views

Apple beta season is here

new admin - Jul 27, 2025

Hi, friends! Welcome to Installer No. 91, your guide to the best and Verge-iest stuff in the world. (If you’re…

Slow Horses TV adaptation was even slower after I forgot character! | Books | Entertainment
Books
shares2,284 views
Books
shares2,284 views

Slow Horses TV adaptation was even slower after I forgot character! | Books | Entertainment

new admin - Jul 27, 2025

Slow Horses creator Mick Herron has revealed the Apple TV adaptation of his books starring Gary Oldman as spymaster Jackson…

Dog owners are being urged to be vigilant near lakes and rivers
Lifestyle
shares2,590 views
Lifestyle
shares2,590 views

Dog owners are being urged to be vigilant near lakes and rivers

new admin - Jul 27, 2025

Dog owners are being urged to remain vigilant this summer as dangerous bacteria threaten the safety of pets across the…