The new research stems from Outdoorsy's Vacation on a Budget study, conducted by OnePoll to get real time perspective on travel behaviors ahead of this summer. The survey found that 52% of travelers noted they turn to rental vehicles while on vacation in order to save money, with 9 in 10 prefering to rent something they can easily sleep or stay in, rather than book a hotel. And 49% prefer to rent something just as luxurious or economical as what they have at home.

"While other vacation types have seen dramatic rises in cost over the past year in line with inflation, our average RV rental trip price has only gone up $5 over last year, representing a .28% increase," said Jeff Cavins, co-founder and CEO of Outdoorsy, the leading global RV rental and outdoor travel marketplace. "Compare this to a 40% increase in hotel prices YoY, and you can see why we believe road trips are more insulated from inflation and also still a very affordable vacation option for those looking to keep their summer vacation plans intact."

Nearly six in 10 survey respondents (58%) said they plan to vacation closer to home this summer to beat out inflation and rising gas prices. For those who may have had to dip into their vacation budget just to make ends meet elsewhere (72%), a "nearcation" is the perfect option for a vacation that offers the feeling of a getaway without the blow to your wallet.