A new survey says inflation will reduce holiday travelers’ number of days away and cause them to choose less expensive accommodations and destinations.
by Gary Stoller
Forbes
Feeling the effects of inflation, four of every five travelers are changing their holiday plans, a new survey finds.
Holiday travelers expect to decrease the number of days they would normally be away and choose cheaper lodgings and destinations because of inflation-related worries, according to Bankrate.com’s online survey of 2,538 adults, conducted September 18-20 by YouGov Plc. The results are representative of all U.S. adults at least 18 years old, Bankrate.com says.
[…] Of the 83% percent of travelers surveyed who say inflation will change their holiday plans, one-third say they will travel fewer days during the upcoming holidays, and 30% say they would select less expensive lodgings and destinations.