- Forty-three percent of U.S. adults are planning to take trips between Thanksgiving and New Year’s; 79% of them are changing their holiday travel plans due to high inflation, according to Bankrate.
- Some are shortening their trips, choosing cheaper accommodations or destinations, taking fewer trips, traveling shorter distances or driving instead of flying, for example.
Travelers are shifting their holiday getaway plans to avoid busting their budgets amid high inflation, according to a new Bankrate survey.
Forty-three percent of U.S. adults are planning to take overnight leisure trips between Thanksgiving and New Year’s; of them, 79% are adapting to rising prices for travel in various ways, according to the survey.
For example, 26% are shortening their trips, 25% are selecting cheaper accommodations or destinations, 24% are taking fewer trips, 23% are traveling shorter distances and 23% are driving instead of flying, according to the survey.
www.cnbc.com/2022/10/05/high-inflation-has-many-americans-tweaking-their-holiday-travel-plans.html
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