Hotels, airlines expecting Americans to partake in less leisure travel, pare down trips
==========
Despite high inflation, a Harris Poll found only 17% of U.S. adults planned to travel less in 2024; 57% intend to travel the same amount as in 2023, and 26% plan to travel more. Consumers are focusing on affordable travel options, avoiding peak seasons. However, the travel economy is showing signs of slowdown, with executives from Expedia, Marriott, Airbnb, and Hilton noting 'softness' in demand. Travelers are prioritizing value, with some opting for cheaper accommodations. Kai Tenenberg, a 36-year-old healthcare worker from Palm Beach County, Fla., exemplifies this trend by staying with friends to save money.
#Travel #Inflation #Economy #Leisure #Poll #Hotels #Airlines #ConsumerBehavior #Bidenomics #Spending
https://dallasexpress.com/business-markets/travel-spending-declines/
Oddbean new post about login | logout