Most Americans can't afford a summer vacation anymore: poll

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Holiday Travel,Inflation,Prices

Forty-four percent of Americans said they’ll be staying put over the next three months as the crippling cost of living crisis rages on, the Newsweek and Redfield & Wilton Strategies poll …

Most Americans have given up all hope of a summer vacation because they just can’t afford it anymore, a new poll shows.More than half of respondents — 53% — said they would have set off on a summer trip if only their expenses were cheaper, the poll found.

The majority of those travelers have opted for cheaper destinations, while 45% are finding a less-costly way of getting there.An unlikely website has become a top source of travel expertise — leaving influencers out in the coldGen Xers were most likely to still travel if costs were down, while 54% of millennials and 50% of boomers said they’d still set off if they could afford it.

A Bankrate poll from April found that 36% of Americans were willing to go into debt to cover the cost of their trips.

 

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