Study: Spending is up, but not as many Americans are traveling as before

Improved confidence among U.S. consumers has started to breathe some life back into the travel industry. But while hotel and air suppliers continue to benefit from the uplift in moral, a new Global Edition study from PhoCusWright reveals that many still are not spending … These findings suggest that travel industry growth is being curbed by disparity within the consumer population; some worked back up to taking extravagant vacations while others still struggle to fit travel back in their budgets.