Nearly 90% Of American Travelers Hope To Take A Vacation By End Of 2021

PR Newswire

WARWICK, R.I., May 19, 2020 /PRNewswire/ -- InsureMyTrip, the travel insurance authority, announced the results of its latest customer survey. The new poll of roughly 4,000 U.S. respondents reveals that the vast majority of Americans intend on traveling again by the end of 2021.

"When people get more comfortable, they'll continue to go farther and farther away from home, starting with domestic trips and then moving to international, long-term," said InsureMyTrip Director of eCommerce Cheryl Golden.

Future Travel Confidence

Americans are more optimistic about the possibility of future trips than they were a few weeks ago.

30 percent polled say they may travel by 2021, at the earliest, and once restrictions are lifted
21 percent hope to travel by the end of this year
15 percent say they will possibly travel this fall
13 percent say travel is not yet on their radar
11 percent will likely travel this summer if restrictions are lifted
10 percent of travelers will travel as soon as possible

Summer Travel Confidence

47 percent of travelers are discouraged from traveling this summer
23 percent polled say they are concerned about traveling this summer
18 percent remain hopeful
12 percent can't wait to take a summer vacation

For international trips, bookings will hinge on the status of coronavirus restrictions and consumer confidence levels in air travel once greater safety measures are in place. Experts agree we still have a long way to go before stabilization occurs.

Domestic trips appear to show stronger signs for a faster rebound.

For both international and domestic trips, travelers should buy travel insurance to guard against covered covid-19 related travel threats. Travelers can visit the Travel Insurance & Coronavirus resource hub for more information on Cancel For Any Reason coverage.

MORE: Travel insurance for financial default of a travel supplier

Travel Data Expert:Cheryl Goldennews@insuremytrip.com

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