More than 90% of Americans are planning to travel domestically this summer, and 37% plan to go abroad, according to a recent study from the financial services company Empower.
But to meet their vacation plans, consumers must continue to grapple with inflation and high prices, and nearly half of survey respondents said they planned to spend more on travel in 2024 than last year. So to bankroll their restlessness, Americans are putting other major life plans on hold.
