Many Americans plan to slash travel, entertainment spending in 2025: Survey
- According to a recent Bankrate survey, less than half of Americans intend to take a trip this summer, with expenses and economic worries being major factors.
- This cautious outlook comes after a post-pandemic surge in travel but indicates that growth is slowing due to concerns related to trade policies, financial markets, and the overall economic situation.
- Senior analyst Ted Rossman noted that 1 in 4 Americans do not plan summer vacations while another quarter remain undecided about travel plans.
- Rossman advised travelers to adapt to deals and suggested strategies like booking early, traveling off-season, and using travel rewards to save money.
- The survey also revealed about 10% of Americans intend to choose staycations, indicating a partial shift toward reducing travel and entertainment expenses in 2025.
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Are Americans still traveling despite economic turbulence? Here's what brand-new polling shows - The Points Guy
Despite what you may have heard, Americans are still traveling … and plan on spending more on travel. That’s the word from the latest round of polling conducted by The Harris Poll for TPG. After warnings of softening demand from airlines like American Airlines, Delta Air Lines and Southwest Airlines, we wondered if the bullish travel sentiment we found earlier this year would hold up in our most recent polling. It did. Conventional wisdom would …
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