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Thursday, November 28, 2024
HomeTravelSummer Travel Boom Extends Into Fall as Americans Keep Spending Away From...

Summer Travel Boom Extends Into Fall as Americans Keep Spending Away From Home

Americans’ appetite for travel and entertainment remains strong ahead of the holidays, as desires to spend on experiences overcome concerns about inflation and the economy.
Those concerns haven’t deterred many travel plans, executives at hotel chains, cruise-line operators, vacation-booking platforms and other leisure companies said in recent earnings reports. Hotels have more guests staying, even as room rates climb. Attendance at concerts and live events this summer broke records, Live Nation Entertainment Inc. said.

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