Read our full analysis for a more in-depth look at these trends.
Vacation nation
More than 70% of consumers are expecting to travel this summer, with most Americans favoring domestic vacations.
May 2025
Key takeaways
- Travel and tourism spending has gotten off to a slower start in 2025 than in the past few years. Airline and lodging spending are notably weaker, according to Bank of America aggregated card data.
- But it looks like travel may pick up as we head into summer. The 2025 Bank of America Summer Travel Trends Survey reveals that over 70% of respondents plan on vacationing this summer, a higher percentage than in last year's survey.
- Lower-income households appear more inclined to vacation within the U.S. this year than in 2024 according to the survey, while more middle- and higher-income households are venturing overseas.
- Where might people go? Within Bank of America card data the top states for those vacationing at home are California, Florida, New York and Texas, with 'road trips' seemingly a favorite. For those going abroad, Europe, Asia, Canada and Mexico remain popular choices.
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