SINGAPORE, Dec 21 (Bernama-BUSINESS WIRE) — UserTesting (NYSE: USER), a leader in video-based human insight, recently conducted a survey in Singapore, to understand consumer travel trends this holiday season. As COVID cases have significantly decreased worldwide, the survey revealed that 70% of Singaporeans have a holiday planned this year-end. Interestingly, despite rising costs due to inflation, a large number of Singaporean respondents (90%) are traveling overseas for their next trip, while only 10% are traveling within the country.
However, with increasing prices due to inflation, most Singaporeans are cost-cutting while planning their travels. The survey revealed that 40% of Singaporeans are now taking fewer trips than before, while 40% are opting for cheaper accommodations rather than luxurious stays.