Read our full analysis for a more in-depth look at these trends.
Summer Travel 2026: Resilient, but uneven
Most travelers are adjusting – not canceling – their summer travel plans in response to higher gas prices.
May 2026
Key takeaways
- Summer travel plans appear resilient overall, despite higher oil and gasoline prices, though consumers are adjusting at the margin. According to the 2026 Bank of America Summer Travel Outlook, around 30% of respondents say higher gas prices won't change their summer travel plans, but others are looking to take fewer trips or cut back on items like accommodations.
- However, a "K-shaped" pattern appears to be emerging this travel season. Lower-income households are much more likely to have no travel plans (nearly 40%), and Bank of America card data shows their travel-related spending is down year-over-year (YoY) so far in 2026. By contrast, middle- and higher-income households are seeing stronger travel spending.
- Domestically, California, Florida, Texas and New York are the top states to visit. Internationally, travelers favor North America (ex US) and Europe.
Additional Materials:
Get the latest from Bank of America
Institute delivered right to your inbox.
