Summary

Wealthier households, earning over $100,000, are dominating holiday travel this year, making up 45% of travelers and over half of paid lodging customers, according to Deloitte.

Rising costs, including airfare and luxury accommodations, have priced out lower-income households, whose travel participation has declined.

Affluent travelers are driving demand for premium experiences, with high-end destinations seeing significant price increases. Meanwhile, budget-conscious travelers are cutting costs by staying with family or using credit to fund trips.

Inflation continues to strain travel budgets across income levels, with 29% of travelers expecting to take on debt.

  • De_Narm@lemmy.world
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    7 days ago

    I fixed my post - according to my source 59% make less than 6 figures, not more. It’s still different to your sources, but not by as large a margin. Thanks for cross-checking!

    • dogslayeggs@lemmy.world
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      7 days ago

      I went to that site, and I interpreted it exactly like you did. They really were not clear about how they presented their data.