Americans are spending a lot more on holiday travel

TravelAccording to a recent American Express survey of US households that have an annual income of $100,000 or more the average per person spend is expected to rise by more than 150% to $1,521 from just $605 in 2015.

The top reason to travel cited by consumers this holiday season is to visit family or friends. The second most cited reason for travel is to take a vacation, but the cost for the average American family holiday vacation has jumped and is expected to cost slightly more than $9,000. Among those traveling during the holiday season, the majority will stay within the U.S. with nearly one out of every three Americans naming the Northeast as their destination.

You can read more about these findings from American Express, here.

One response to “Americans are spending a lot more on holiday travel

  1. Interesting study! Americans are sure doing some more traveling these days

    Like

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