According to Allianz’s 15th annual Vacation Confidence Index, Americans continue to spend lavishly on summer vacations.
Before it’s all said and done, Americans’ total summer vacation spending will likely surpass the $200 billion mark, reaching a whopping $214 billion for the first time since the Alliance began compiling the annual index.
This amount is a staggering 39 percent increase over 2021 and is nearly 10 percent higher than 2022 summer spending. It is also 261 percent more than 2020 spending, although this last figure is less astounding given that the world was still severely affected by the pandemic.
Expected spending this summer is 111% higher than in 2019, the year
→ Continue reading at Traveling Lifestyle
