Americans - Stressed, Time-poor and Keen to Relax

Peter Yesawich

People from all over the world seem to live very busy lives, with many hours spent working and few hours available for relaxation. The latest research of U.S.A travellers suggests they are stressed-out, remain sensitive to price and continue to suffer from a "time poverty."

The newest research by the Maitland Travel research and marketing firm Ypartnership finds that the number of Americans who say they are planning to take a leisure trip in the near future is rising, a sign that demand is returning.

When asked about their travel intentions, 61 percent of those surveyed said they planned to take a vacation by October, up from 56 percent at this time last year. About 14 percent of travellers said they plan to take at least one business trip during the same period, on par with a year ago.

"It's pretty obvious that the destiny of the travel industry is listing toward leisure," Peter Yesawich, the company's chief executive officer, told hoteliers recently during a gathering of the Central Florida Hotel & Lodging Association.

Yesawich drew his conclusions from two sets of data: the Ypartnership/Harrison Group 2011 Portrait of American Travelers and a quarterly poll of traveller intentions.

When it comes to finances, travellers say they're more concerned this year about the cost of petrol, the cost of airline tickets, and the economy in general. More than a third say they're using coupons more often, and 31 percent say they're waiting for sales more frequently.

That reluctance to pay higher prices has manifested itself at Orlando hotels, where occupancy is rebounding more quickly than average room price. Hoteliers managed to raise rates 5.1 percent during the first half of the year, but average daily room rates in Orlando are expected to remain below their peaks in 2007 and 2008 through the end of next year, according to Smith Travel Research, which surveys the hospitality industry.

Scott Tripoli

"We're still seeing people looking for the best deal," said Scott Tripoli, general manager of the Crowne Plaza Orlando Universal. "A lot of shopping going on out there, a lot of third-party bookings."

To lure price-sensitive travellers, some in the industry have turned to time-sensitive discounts — also known as flash sales — that encourage consumers to make quick decisions when booking.

A full 20 percent of leisure travellers said they have purchased a travel service through a flash-sale email, up from 14 percent last year, according to Ypartnership. Private sales and collective buying, on websites such as Sniqueaway.com or via companies like Groupon and LivingSocial, are also catching on.

At the Mona Lisa Suite Hotel in Celebration, flash sales are a part of the marketing plan, used to drive demand during slower months such as August and September. The hotel recently offered a two-night stay in a suite, with complimentary breakfast, for $184.99 a person on Overstock.com’s vacations website.

The short-term sales, generally good for a few hours to a few days, create a sense of urgency and are effective in helping consumers focus on a purchase decision, said Deborah Farish, the hotel's director of sales and marketing.

"As long as you have a wonderful offer, something that is intriguing, something the consumer perceives as added value, … you can get great success," she said. "If you put the flash up, you often see immediate results."

While flash sales are gaining speed, Yesawich says the "long-form vacation" is losing ground. Pressed for time — something Yesawich terms "time poverty" — travellers are abandoning the weeklong escape and looking instead for close, quick getaways.

Orlando appears to be capitalizing already on that short-haul market: Last year, the destination drew more than half of its 38.3 million domestic visitors from within the Sunshine State, according to data from Visit Orlando, the area's quasi-private tourism-marketing agency.

When they do arrive at their quick getaway, travellers want to be able to relax as soon as possible. That's one reason the hotel spa is one of the hottest amenities in the industry. And with no time to spare, even during a vacation, consumers expect to have their expectations met. "Tolerance for anything going wrong today is zero," Yesawich said.