Are tourists willing to use savings and/or debt to indulge in Post-COVID pandemic travel?

The COVID pandemic essentially shut down the opportunity to travel, resulting in pent-up demand once restrictions were lifted. This study examines relationships between indulgence and travelers’ likelihood of traveling more in 2022 and beyond compared to pre-COVID pandemic domestically and internationally and if the relationships are mediated by willingness to use savings and/or borrow to pay for leisure travel/vacation. All direct and indirect effects are significant and positive. The results suggest travelers will indulge in post-COVID pandemic travel domestically and internationally and are willing to use savings and/or debt to pay. Theoretical and practical implications are provided.