Summer’s out: Can Gen Z afford a vacation this year?

Can Gen Z afford a vacation this year?

Key takeaways:

  • 76% of Gen Z say that they will need to prioritize work over fun this summer, including taking on side hustles and extra hours.
  • The most common reason for NOT traveling is money, with 72% citing their finances as the reason why they can’t take a vacation.
  • 13% say that they are relying on their parents to help them pay for their travel plans.
  • Given the option, 40% of Gen Z say they would rather travel with their family than with friends or their partner.
  • 50% of Gen Z say they consider vacation destinations based on their suitability for social media content.

Where are you heading on your summer vacation? A relaxing break in the Caribbean? A jaunt to historic Europe? Or seeing the great sights in America? 

Then again, perhaps you’re one of the 1 in 3 Gen Zers who say that their finances will stop them from taking a break this summer.

EduBirdie surveyed 2000 members of Gen Z on their summer vacation plans, asking them about everything from their finances to their travel preferences and other trends.

Gen Z’s vacation dilemma: Balancing fun and finances

Whether we like it or not, our lives are generally split between working and having fun. But some of us face a tougher challenge than others.

76% of gen z prioritize work this summer

Of our Gen Z respondents, 76% said they would have to prioritize work over fun this summer. As for what that means in practice, 50% said they had taken on a side hustle or second job, and 26% were upping their hours at work.

2/3 of gen z have vacation plans this summer

Still, at least that hard work is paying off, with 67% of Gen Z saying that they do at least expect to take a vacation this summer. What’s more, many of them will be paying for their own tickets.

60% of gen z will pay for their own traver plans

Overall, 59% of respondents said they paid for their summer vacation with their own money. Despite the popular conception of rich parents, just 13% said they had help from their folks, and 12% said their partner was the one footing the bill.

nearly 50% of gen z spend less than 1000$ on their summer vacation

Naturally, Gen Z travelers appear to be watching their budget carefully, with 42% saying that they spend less than $1,000 on their typical summer getaway. There were other types of Gen Z travelers though, with 8% spending more than $5,000 on their trip.

lack of finances is the main reason for not traveling

A lack of funds was also the most common reason cited by 72% of those respondents who weren’t taking a vacation this year. Other reasons included not having anyone to travel with (6%) and not enjoying traveling in the first place (3%).

Gen Z’s travel trends: Family time and sustainability

Gen Z is known for liking to do things their own way. So does that extend to vacations too?

45% of gen z want new cultures and experiences

Asked what was the best thing about travel, 45% of our respondents said that they valued new cultures and experiences, with other popular options including having the chance to do nothing (15%) and trying local cuisine (9%).

gen z prefer to travel with their family rather than friends

Gen Z wasn't particularly unique in their attitudes towards traveling companions either. Overall 40% said they would prefer to travel with their family, 26% said they wanted to travel with their partners, and 23% preferred vacationing with friends.

86% of gen z feel nostalgic for their old family vacations

When it comes to families, some 86% of Gen Z say they are nostalgic for their old family vacations. However, 1 in 3 said they doubted that their family would be able to afford a similar getaway in today’s economy.

33% fear their family can't afford vacations

Another noticeable travel trend was Gen Z’s passion for sustainability, with our respondents showing a clear preference for planet-friendly vacations.

2/3 gen z travelers prioritize sustainability on vacation

Asked how they honor their commitment to being green, 45% said they only supported local and sustainable businesses on their vacation, 21% said they chose trains over flying, and 18% said they used eco-friendly hotels.

Social media impact: TikTok trends vs. digital detox

When it comes to a vacation, getting good photos for social media has become almost as important as remembering your passport and boarding pass.

50% of gen z plan vacations around social media content

So how is social media shaping the vacation choices of Gen Z? Overall, 39% say that they sometimes factor in social media content when choosing their vacation destinations, and 11% say they always do so.

30% of gen z travalers choose destination based on movie locations

Older forms of media are influential too, with 29% saying they had traveled to a destination because they’d seen it in a movie or on television.

Examples included going to Greece after seeing Mamma Mia; an LOTR-inspired trip to New Zealand; and following in the footsteps of The Hangover in Las Vegas.

2/3 think that viral destinations on tiktok are overrated

Although clearly not everything that you see on your phone is to be trusted, with 63% saying that they felt that viral vacation spots seen on social media were overrated in reality.

20% of gen z have been scammed after following advice from tiktok

Likewise, there was some skepticism about so-called travel hacks and tips on social media, with 19% saying they had been scammed after following travel advice that they’d seen online.

And as important as the perfect vacation shot might be, plenty of Gen Z travelers are choosing to go the other way entirely. Indeed a noticeable Gen Z travel trend is using your vacation as a chance to check out from your digital life.

more than half of genz take a digital detox

42% said they actively try to limit their screen time when on vacation, with 11% saying they like to go offline for at least one day – and 4% saying they would be away from their phones for more than a week.

Methodology: To create this study, researchers from EduBirdie surveyed 2,000 people in the Generation Z demographic. Participants were invited to share their experiences at random with no focus on particular genders, ethnicities, or social backgrounds.

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