Saturday 8 Aug, 2026

Increased mortgage rates do not affect Swedes' travel behavior

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Despite this, fewer than one in ten Swedes say they will make fewer trips than today when interest rates rise and household disposable income decreases, according to Ticket's Sifo survey.

Residents of Sweden like to travel abroad, both to get sun and warmth during the colder months but also to experience adventure and other cultures, eat good food and relax with family. And the fact that travel is a high priority is evident when you ask Swedes how their travel will be affected by increased interest rates and amortization requirements.

Only 9 percent of Swedes say that if mortgage interest rates increase, they will travel less than they do today. Among younger travelers aged 18-30, more (14 percent) believe that they will reduce the number of trips abroad. Among those aged 51-65, when many have a stable income, only 4 percent believe that rising interest rates would mean less travel abroad.

Another 7 percent said they will not travel less, but will change their travel habits so as not to have to cut back on travel. 4 percent believe they will choose more affordable destinations, and 3 percent that they will choose simpler and cheaper accommodations.

– It has long been known that Swedes like to travel. Regardless of whether they are looking abroad for a sun holiday or for adventure and to experience exotic countries, many are willing to make other changes in their everyday lives to continue to have the opportunity to travel, says Katarina Daniels, at Ticket.

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