I've always been one to save a ton of money (haha) by shopping sales. Most recently, an online buying frenzy, the itch to travel and an unbeatable deal all played a part in booking a trip to South Korea. I got the ticket for $691 roundtrip; a deal just too good to pass up.

It seems that falling fares and hotel rates have inspired many other travelers to hit the buy button, too. In Travelocity's recent Traveler Confidence Report, we gauged travelers' plans and attitudes now as compared to six months ago, and we found a dramatic increase in travel intentions, indicating that traveler confidence is going up. In fact, 96 percent of our poll respondents said that the lower cost of travel has positively influenced their summer travel plans.

Now vs. Then
Back in November, we asked travelers about their intentions and only 10 percent of respondents were planning to increase their travels. We recently re-asked the question and found that 21 percent are now planning to increase their travels

Given the economy, there are also people who plan to decrease their travels this year, but that percentage as dropped significantly. Six months ago, 34 percent of travelers said they would decrease their travel and now only 24 percent are saying they'll travel less this year.

Weigh In: How has the economy affected your travel plans this summer?

View the complete Traveler Confidence Report.