A new survey has indicated that the US is in the throes of a serious “vacation deficit.”

Published: 11 Aug 2009

A new survey has indicated that the US is in the throes of a serious “vacation deficit.”

The Access America Vacation Confidence Index, a survey of 1,000 Americans, found that while a large majority of respondents (67 percent) believe that vacations are very important or important – one in four (23 percent ) of those who place a premium on such travel are not planning to take a trip this year.

The disparity between those wanting to take a vacation and those actually taking a trip, is creating a large “vacation deficit” among Americans and creating an opportunity for travel suppliers to woo reluctant travelers with great deals and promotions.

The Vacation Confidence Index survey was conducted for Access America by Ipsos Public Affairs, a global survey-based market research company. For the purpose of the Index, a vacation was defined as leisure travel of at least a week to a destination of at least 100 miles from home.

The Index also found that Americans believe that unprecedented travel bargains are now being offered. When asked if this were a great time to find travel deals, 72 percent agreed.

As for the kind of deals they would value most: 24 percent would welcome free or discounted tickets to attractions or cruises, with an equal number appreciating free hotel nights or kids-stay-free offers. Another 21 percent said they would find hotel upgrades particularly attractive.

At the time of the survey (July 16-20), 37 percent of respondents reported they had taken a vacation this year, while another 29 percent felt confident they would take a vacation in 2009, leaving plenty of opportunity for the travel industry to lure would-be travelers to vacation destinations.

As for the best places to find travel deals, more than half (57%) of those surveyed said they would look online, either to online travel agent sites or search engines such as Google. Recommendations from friends and family and advice from traditional travel agents were other leading ways travellers hunt for vacation bargains.

The survey also found that travel industry suppliers should not overlook those who report they do not consider vacations important. According to the Index, 22 percent of Americans who do not place a particular value on vacations have already taken one, while another 23 percent indicated a likelihood they will do so before year’s end.