Vacation Nation: What to expect for this summer's family travel

Vacation Nation What to expect for this summer's family travel 69% of families will 7% of families be vacationing outside will be vacationing their home state internationally 86% of families surveyed plan on taking a summer vacation this year. 68% of vacationing families surveyed will travel by car this summer. 68% 30% 30% will travel by air. Half of respondents identified cost as the Choosing Destination biggest challenge for their family Cost Schedules 50% 23% 16% planning a summer vacation. For those respondents traveling by air, 64% of participants choose their flight based on cost. $4 Fly preferred airline for miles/status Lowest Price Shortest flight/limited Airlines that allow use connections of credit card rewards 64% 23% 8% 5% 25% of respondents regularly use rewards or points to offset travel costs Of that group, the majority use universal credit card rewards. 64% 48% 47% 14% 3% Hotel Loyalty Program Credit Card Rental Car Other Frequent Flier Miles Rewards Loyalty Program Credit card rewards are equally important to men and women. 64% of both men and women use credit card rewards 2$ 24 2,500 respondents surveyed between April and May 2013 ©2013 Bank of America Corporation Bank of America