Travel now, pay later: Millennials are going into debt for vacation

AUSTIN, Texas – May 14, 2019 — Vrbo® today revealed findings from a survey of American travelers conducted by Ipsos, which showed the stage of life we’re in significantly impacts the reasons we travel, what we’ll sacrifice to get away, and what we look for when we get there. To wit, Vrbo found that millennials won’t put off traveling, even if they can’t afford it.

“Forget what you thought about millennials traveling on a shoestring,” said Karen Fuller, senior director of global market research at Vrbo. “Our results revealed that they are actually the most likely to go into debt for travel, which is consistent with the notion that millennials like to accumulate experiences, not things.”

The full report on Vrbo’s US Traveler Survey is available here: https://www.vrbo.com/vacation-ideas/travel-trends/vrbo-traveler-survey-2019.

Key findings include:

Survey Methodology Vrbo’s 2019 US Traveler Survey was conducted in the United States by Ipsos on behalf of Vrbo between Jan 10-14, 2019, among 1,067 US adults who have traveled for leisure in 2018 and plan on traveling for leisure in 2019.

Expedia Methodology 2018 Traveler lodging demand data from Expedia.com.


About Vrbo

In 1995, Vrbo introduced a new way for people to travel together, pairing homeowners with families and friends looking for places to stay. We were grounded in one purpose: To give people the space they need to drop the distractions of everyday life and simply be together. Since then, we’ve grown into a global community of homeowners and travelers, with unique properties in 190 countries around the world. Vrbo makes it easy and fun to book cabins, condos, beach houses and every kind of space in between.

Vrbo is part of Expedia Group and offers homeowners and property managers exposure to over 750 million visits to Expedia Group sites each month. To learn more, visit www.vrbo.com. 

© 2019 HomeAway. All rights reserved. Vrbo is a trademark of HomeAway. All other trademarks are property of their respective owners. 

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