For updated information, check out our 2026 Travel Outlook report.
Referenced in:
Survey Finds Americans’ 2025 Travel Budgets Up from 2024, Averaging $10,000+
As Americans enter 2025, travel remains a top priority. Our new 2025 travel outlook report finds 92% of Americans are planning to hit the road or take to the skies this year. More than half of people across the country are eager to travel more than they did in 2024, with many putting travel as a priority as they plan and budget their finances.
92% of Americans Plan to Travel in 2025
More than half (56%) of Americans plan to travel more in 2025 than they did in 2024, while 30% plan to travel the same, and 14% will be traveling less. Among those who plan to travel less, the top reason is financial constraints.
Finances are top of mind for all, as 60% say they prioritize travel when managing their finances and 79% are budgeting for travel this year. The average 2025 travel budget for Americans? $10,244, which is nearly double the average budget in 2024 ($5,300). Some will not be paying out of pocket for these expenses, as nearly 2 in 3 Americans plan to use points/travel rewards to help cover travel costs.
More than 1 in 3 (35%) Americans are planning a spring break vacation with the average spring break travel budget coming in at $5,352.
Another top travel trend in 2025 is taking longer trips and vacations. More than half (57%) of Americans will be taking a longer trip in 2025 than they did in 2024. The top reasons for taking longer trips include:
- Making up for missed travel in previous years
- Have more vacation time available
- Desire an immersive travel experience
More than a quarter will be taking a 7-day vacation, 21% will be going away for less than a week, 35% will be gone for 10-21 days, and 17% will travel for more than a month.
Beginning May 7, 2025, every U.S. resident will need to present a REAL ID compliant license or other acceptable form of identification to board commercial airplanes. Currently, 24% of Americans report not having a REAL ID, and among them, 64% do not know what it is or do not plan to get one before the May 7 deadline.
Why and How Americans Are Traveling in 2025
As for how Americans plan to travel in 2025, 86% will travel out of state and 50% will travel internationally. Additionally, 36% will be traveling for business, 54% are doing a staycation, and 41% are planning to take a workcation (a mix of vacation and working remote).
The primary reasons Americans are traveling in 2025:
- Relaxation
- Adventure
- Visiting friends/family
The majority (74%) of people who are traveling are planning on flying in 2025. While 92% of Americans are taking a trip this year, 1 in 5 say they will be traveling less due to the economy, 58% would like to travel more but cannot due to cost, and 22% have canceled/postponed a trip for this year due to finances.
Travel Concerns and Accommodations in 2025
It is no secret that delays and cancellations can impact travel plans, that is why 44% of Americans are concerned about this happening in 2025 and 1 in 5 say the concerns of delays and cancellations prevent them from traveling.
Who Do Americans Plan to Travel With in 2025?
- Family (56%)
- Partner/Spouse (55%)
- Friends (32%)
Nearly 3 in 4 (74%) plan to stay in a hotel, while 45% will opt for a vacation rental home. Overall, 46% of Americans believe hotels provide the best value. Among vacation home owners, 55% currently rent out the property and 15% who do not currently rent it out, plan to in 2025.
If you have a vacation home or are planning on buying in 2025, learn more about how a 1031 Exchange can help preserve your assets when selling and buying investment properties. Then check out our blog on How to Buy Your Vacation Home with a 1031 Exchange. Investment Property Exchange Services, Inc. (IPX1031), is the nation’s largest and most secure 1031 Qualified Intermediary.
Take a look at our previous Travel Outlook Reports:
Methodology
In January 2025, we conducted a survey of 1,010 people from across the U.S. asking them about their 2025 travel plans. Among respondents, 49% identified as male and 49% as female with an average age of 37.
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Fair Use
When using this data and research, please attribute by linking to this study and citing IPX1031.
Read more:
Americans’ Top Travel Trends in 2024
America’s 2023 Travel Outlook
Most Desired Airbnb Destinations in Every State
How to Buy Your Vacation Home with a 1031 Exchange
1031 Exchange and Defer? Or Sell and Pay Taxes?
Survey: Do Airbnb Guests Trust Their Hosts?
