Are You Taking a Summer Vacation This Year? – Survey of the Day

Northern Colorado is looking at it's first 100 degree day today, just one day after setting a new record high almost reaching 100 yesterday. So, if you are looking for heat a summer vacation may not be necessary this year. An escape from the heat or a a trip to paradise still may be in the cards this summer for many. Are you taking a trip this summer?

Whether the economy is improving on a large scale or not, a majority of Americans are planning to take a summer vacation by September 2012, according to the Morpace Omnibus. An online survey revealed that 58% of Americans will be taking a summer vacation this year, with 26% not planning to take one and 16% undecided. Among those who are planning a summer vacation, 61% plan to travel within the U.S. and more than 100 miles from their home. Surprisingly 17% plan to travel internationally. The Morpace Omnibus also found that:

• · About 42% will be vacationing for “more than a week” (which could include multiple trips) and 35% plan to vacation for “about a week.”
• · 51% of vacationers plan to stay in hotels, motels and inns. The next highest response was 28% who would stay with family or friends.
• · July is the most popular month for vacations, with 44% of Americans taking at least one summer vacation during July.
• · Americans are still watching their budgets – 34% will spend $2,000 or more and the study had an average summer vacation spending of nearly $1,850 per respondent.
• · The majority of vacationers will use funds from savings accounts (72%) and/or credit cards (43%) to pay for their vacations.