If you are planning a vacation you may be wondering what other people are doing for vacation this year. Vacations are an important part of life. They revitalize you, make you appreciate home more, and give you life experiences that are hard to beat. How are other people vacationing? Here are some facts about vacationing that may surprise you.
RV Road Trips
RVing is at an all-time high. The RV life allows you to go where you want when you want without having to wait. According to GoRVing, RV ownership is at an all-time high. About 11.2 million households owned an RV in the United States in 2021. That is an increase of 62% over a twenty-year period. In 2001, about 6.9 million households owned an RV. By 2011, that number had increased by 26%. Why the sudden interest in RVs? For some families, owning an RV is a great way to keep travel costs down. For other families, the COVID pandemic changed how they traveled.
RVs allow you to travel the country with built-in lodging. They give you the freedom to vacation more often with fewer expenditures. RVing has become a way of life for many people.
People Are Investing In Vacation Homes
Vacation home sales are way up according to the REA. In 2020, there were 3 million vacation home sales. According to the REA, about 42% of buyers planned on using it for vacation space or as a retreat for their family. Vacationing has taken on a new face. People, it seems, are less interested in jet-set life and more interested in going to the same location that is familiar for their vacation.
Vacation properties are always a great investment. They can be rented when not in use, so they can add a nice boost to your financial life. They also can be the ideal place to take a break from life.
When the COVID pandemic hit, it put the brakes on international travel, but that did not mean that people were not traveling. It meant that people were staying closer to home and taking road trips instead. The United States has a lot to offer by car, and many people are still making road trips a part of their life. With the new electric and hybrid vehicles, road trips can be more affordable than ever. As of December 31, 2017, according to the Department of Energy, there are about 20,178 charging stations with about 17,526 available to the public. There are plenty of places along the road to “fill up” when you have an EV.
About 55% of American families will take a road trip this year that will vary in length from five days to fourteen days. About 33% of families travel with children under five. A whopping 59% of road trip travelers enjoy spontaneity in their life and don’t travel with an itinerary, they just go with the flow according to Lifestyle Magazine.
When Are People Traveling
Statistics from the Tourism Bureau reveal that about 70% of Americans make a summer vacation a part of their life every year. More people travel during the summer months than at any other time of year. About 68% of Americans surveyed by Conde Nast reported that they plan summer trips because their children are out of school.
How Much Are People Spending?
Yes, vacations are an important part of life, but overspending on vacation can wreak financial havoc on the rest of your life. The good news is, if you travel like other people, you can make travel affordable. About 80% of travelers reported that they spent between $2000-$5000 on their vacation in 2020, according to Statista. Vacationers are looking for deals and taking advantage of deep discounts by booking their travel early on.
It seems like vacations have become a very important part of everyone’s life and, because of the emphasis put on the importance of vacationing in everyone’s life, people are finding cheaper ways to travel. Go take a vacation, create great memories, and take a break from life.