By Doyinsola Oladipo
NEW YORK (Reuters) – Lower-income Americans dialed back their travel spending in April as reduced savings, higher credit card delinquencies, and inflation weighed on household budgets, according to data from commercial real estate analytics firm CoStar.
While wealthier Americans continued to travel, lower-income travelers booked fewer hotel stays in the United States. Costar adjusted its full year forecast to account for slowing GDP and reduced demand from frugally…
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