Holiday travel cutbacks and predictions

Breakdown

• More Americans are planning holiday travel this year, but many are cautious about spending.
• A Deloitte survey finds 31% feel financially worse off than last year, and Gen Z is cutting back the most. 42s
• Over half of surveyed travelers plan to drive instead of fly, and 22% will stay with friends or family. 58s
• International travel is declining, with only 17% planning overseas trips and a 6% drop in international visitors to the U.S. expected. 1m 44s
• Travelers are budgeting around $2,300 for trips, about 18% less than last year, with even luxury travelers planning to scale back. 2m 16s