June 12, 2001
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HOMEPAGE MONEYSCOPE FEATURE
Cheap Trips
More Planning Vacations, But Spending Less

Analysis
By Dalia Sussman

ABCNEWS.com

June 12 — There's good and bad news for the vacation industry: More people plan to take a summer holiday this year — but they may be spending less.

A survey conducted for ABCNEWS.com found just 12 percent of Americans don't plan a summer break, the fewest in 15 years. But with a slowing economy and lower consumer confidence, more will be watching their wallets: More than four in 10 say they'll spend less than they did last year, the most since 1996.

Just under a third say they'll spend more this summer, matching the average in polls dating back to 1986, but down from the last few years. And 13 percent say they plan to spend the same amount.


Spending on summer vacation vs. previous year:
  More Less Same (vol.) No vcn (vol.)
6/10/01 32% 42 13 12
5/21/00 36 35 11 17
4/25/99 36 36 10 15
4/12/98 37 34 2 16
4/13/97 32 39 16 13
4/28/96 30 43 10 17
15 yr. average 32 41 11 15

Young vs. Old

Younger Americans are most likely to say they'll spend more on a summer vacation — 47 percent of those ages 18-34 say so, compared to just 19 percent of those age 65 and older.

Not surprisingly, higher-income Americans plan to spend more than lower-income people, while older and lower-income Americans are more likely to say they'll skip a holiday altogether.


Spending on summer vacation vs. previous year:
    More Less   No vacation plans
Age 18-34 47% 36   18-34 10%
  65+ 19 36   65+ 25
 
Income Under $25K 30 38   Under $25K 26
  $100K+ 43 40   $100K+ 3

Methodology

This ABCNEWS.com survey was conducted by telephone June 6-10 among a random national sample of 1,032 adults. The results have a three-point error margin. Sampling, data collection and tabulation were done by TNS Intersearch of Horsham, Pa.

Previous ABCNEWS polls can be found in our Poll Vault.


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Sampling, data collection and tabulation for this poll was done by TNS Intersearch.


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