Reported 5 months ago
According to Bank of America's analysis, 72% of Americans plan to travel this summer, with some already having planned their vacations in April, leading to expensive transportation and accommodation. The survey reveals a strong interest in Japanese travel due to the dollar's strength against the yen, as well as a significant increase in cruise bookings, up 12%. Younger generations prioritize unique and expensive travel experiences likely to continue as the 'Great Wealth Transfer' approaches, encouraging group travel to share costs and utilizing credit card rewards for discounted vacations.
Source: YAHOO