Holiday travel tends to be stressful, but this year, it may be even more financially so, thanks to inflation. According to a survey by Bankrate, only 43 percent of U.S. residents plan to travel for leisure purposes involving an overnight stay this holiday season. And of those who are traveling, 79 percent are modifying their travel plans due to inflation and rising prices.
The economy is affecting all travelers, regardless of demographic. Although everyone is on the hunt for cheap travel, millennial holiday travelers (40 percent) and Gen Xers (31 percent) seem the most concerned about the strain on their budgets.
Whether you’re a millennial trying to fly home for Christmas or a boomer hoping to take a Caribbean cruise, it is possible to travel affordably around the holidays, despite rising costs and inflation. From booking early and packing light to using your stash of points, here are six ways to save money on holiday travel this season.
