Deloitte: Leisure travel spending insights

Travel’s recovery story probably isn’t just about growth - a bit of recalibration is also necessary

Apr 5, 2023

Travel intentions continue trending higher, even as Americans contend with prolonged financial challenges. And part of the reason might be how consumers are prioritizing their overall spending, according to new Deloitte Insights data.

Key takeaways

  • The prioritization of travel over other discretionary categories is further evidence that built-up demand still exists in the market;
  • For US-focused travel suppliers, this sentiment perhaps shouldn’t be taken for granted. In many countries, including Spain, Belgium, Denmark, Ireland, and Brazil, savers outnumber spenders;
  • Despite the many positive signals around travel spending, roughly one-quarter of soon-to-be travelers surveyed say they’re in savings mode.

Get the full story at Deloitte Insights

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