Deloitte: Holiday Travel Demand is Slowing Amid Economic Concerns

According to the 2022 Deloitte Holiday Travel Study, as a worsening economic outlook and concerns over travel disruption loom, travel demand is slowing. Key takeaways from the report include: Inflation will likely curb holiday shopping habits. Holiday spending is flat year-over-year with an average of $1,455 per household, but consumers plan to purchase fewer gifts (nine gifts versus 16 gifts in 2021) for family and friends. As consumers aim to keep the holidays festive, they […]

The post Deloitte: Holiday Travel Demand is Slowing Amid Economic Concerns appeared first on LODGING Magazine.

This post was originally published on this site

773-300-3164

CHICAGO

807 Waukegan Road
Deerfield, IL 60015

NASHVILLE

4117 Hillsboro Rd. | Suite 10255
Nashville, TN 37215