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    Americans Traveling Less Due To Cost; 1 In 3 Prioritize Trips Over Financial Stability

    Americans Traveling Less Due To Cost; 1 In 3 Prioritize Trips Over Financial Stability

    Travel may be a luxury for a large percentage of Americans, but clearly it’s a category that many are eager to splurge on.

    A new survey found that 65% of Americans feel travel is a luxury in 2024.

    Of the nearly 2 in 5 traveling less in 2024, 88% blame the cost of living:

    • 1 in 3 are postponing a trip for at least 6 months due to the expense of travel
    • 17% are taking a vacation even though they can’t afford it
    • 15% are taking on debt in order to go on vacation

    Though there are financial risks, Americans are willing to spend big on their trips: 1 in 3 say they value travel experiences over financial stability, and nearly half of those planning a vacation will be splurging during travel.

    Check out the full report here. 

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    Americans Traveling …

    by The Editors Of The Fox Magazine Time to read this article: 2 min
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