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Although recent reports of a recovering travel industry have offered a glimmer of hope, more than half of Americans have already canceled their summer vacation plans after weathering the initial outbreak of Covid-19.
According to a survey of 1,500 Americans taken by FinanceBuzz in early May, 56% of Americans had already canceled their summer travel plans, while another 25% weren’t making any plans at all.
The most common reason is, as to be expected, health concerns, which 69% of respondents listed, followed by travel restrictions and financial concerns.
The results of the survey underscore the depth of Covid-19’s impact on the travel sector, showcasing that no matter how aggressively
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