Travel during the holidays isn’t what it once was. From Thanksgiving until the new year, due to inflation or recession and concerns about frequent travel delays, holiday travel demand has decreased. According to a new Deloitte Holiday Travel Study, only 31% of Americans intended to travel between Thanksgiving and mid-January. It’s a significant fall from the 42% surveyed in 2021.
“Financial considerations are the most significant drag on travel demand this year — 37% of non-travelers said it will be a reason not to travel. This emphasizes the continued impact of rising prices on travel demand,” said Mike Daher of Deloitte.
Families reuniting
Of those vacationing over the holidays, according to the…
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