According to the U.S. Travel Association, U.S. companies are carrying more than $200 Billion worth of unused vacation time on their books. While Americans are becoming smarter travelers and everyone wants to take a Dream Vacation, most people believe their Dream Vacation is too expensive and out of reach. Whether your Dream Vacation is traveling around the world or road-tripping across your home state, traveling smart is a must if you want to make your Dream Vacation a reality.
Check out the infographic below to see Americans' thoughts on what makes or breaks their Dream Vacation.
While 100% of Americans plan to go on a Dream Vacation…68% haven't taken a Dream Vacation yet. And 72% believe their Dream Vacation would be too expensive to become a reality.
We asked Americans what they want to do on their Dream Vacation. Out of the respondents, 51% prefer to simply rest and relax. 46% like the idea of a tropical getaway; 44% want to explore new countries; and 19% want to go on an outdoor adventure.
Smart travelers look for ways to stretch their budget and get the most for the least amount. 59% of Americans look for package deals to stretch their budget. 13% use loyalty points/miles and 12% use rewards credit cards to offset the costs of vacation expenses.
Adventuring close to home rates high on Americans' list of Dream Vacations. 49% of respondents want to stay stateside for their Dream Vacation…while 43% want to experience new cultures around the world.
It's not just where you go; it's also how long your Dream Vacation lasts. 50% of respondents believe a Dream Vacation must be more than 7 days, while 18% of all respondents believe a Dream Vacation should be more than 20 days.
One thing to keep in mind is a Dream Vacation is a time to unplug...but between work, news and social media, it can be hard for people to disconnect. 51% of respondents say they don't unplug from technology when they are on vacation…and 26% say they really wish they had spent more time unplugged.
2,123 respondents surveyed in June 2015
© 2015 Bank of America Corporation