The Average American Plans to Spend This Much on Travel This Summer

According to Allianz Partners USA's 14th annual Vacation Confidence Index, Americans plan on spending close to $200 billion on their summer vacations this year, a 91% increase over pre-pandemic levels. Americans plan to spend $194 billion this summer, a whopping 229% increase from 2020 and a 91% increase from 2019, right before the pandemic hit. The average American plans to spend $2,644 for vacations this summer, a 25% increase from 2021, a 40% increase from 2020, and a 30% increase from pre-pandemic 2019 levels.