Could this be the year that pandemic-related “revenge travel” turns into “regret travel”?
stubbornly high
Ignoring the broader economic trends could mean stormy financial waters ahead for these vacationers. “Since people don’t budget, they underestimate how big their debt will be,” says Snowden. “They don’t leave on those trips expecting to go $7,000 in debt, but then they do.” conducted by The Harris Poll found that 50% of millennials and 44% of Gen Z had used one of these services in the last 12 months, compared with 25% of Generation X and merely 14% of baby boomers.
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