New year, new travel trends for 2023
trivago’s findings show the cost-of-living crisis is influencing consumers to shake up their travel habits for 2023.
DÜSSELDORF, GERMANY – December 16, 2022 – While inflation and energy prices are hitting a record high especially in the Euro zone, hotel prices are likely to remain high in 2023. Operational expenses for hotels are expected to continue going up globally as inflation has increased and staffing issues are most severe in the hospitality & travel industry. As a result, trivago’s latest findings show consumers have already started to adapt their 2023 travel behaviours to adjust to the current economic environment. These changes include comparing hotel prices more, taking shorter trips, and choosing alternative and more affordable destinations.