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Americans Now Scaling Back On Travel, Survey Says: Here's Why Americans Now Scaling Back On Travel, Survey Says: Here's Why
Americans Now Scaling Back On Travel, Survey Says: Here's Why A shift in how Americans plan their trips is offering new insight into what’s driving travel decisions this year. More Americans are scaling back how much they spend on travel, according to a Talker Research survey of 2,000 Americans commissioned by CheapCaribbean Vacations that highlights a growing focus on value. The study found that 58 percent plan to spend less on travel than they did last year, with budgets down an average of 23 percent. Three in four respondents said their travel budget does not stretch as far due to higher prices. Rising costs appear to be reshaping behavior. Seven …

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by Joe Lombardi