BusinessPostCorner.com
No Result
View All Result
Wednesday, June 18, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Holiday travel will see an uptick in 2023

November 1, 2023
in Business
Reading Time: 2 mins read
A A
0
Holiday travel will see an uptick in 2023
ShareShareShareShareShare

While warnings about holiday travel being crowded seem to come out every year, 2023 could be a standout.

Nearly half the country plans to travel between Thanksgiving and the middle of January, according to the 2023 Deloitte Holiday Travel Survey. They’ll be traveling less frequently, though, meaning the concentration of people taking a trip around Thanksgiving and the week between Christmas and New Year’s Day is going to be higher.

More than one-third of travelers (37%) will take a flight at least once this holiday seasons. Roads, though, might be a bit less congested, as 53% of American travelers are planning road trips, compared to 64% last year.

“The travel industry is reaching its cruising altitude this holiday season,” said Mike Daher, vice chair, Deloitte LLP and U.S. transportation, hospitality and services non-attest leader in a statement. “Spending time with family and friends is even more important during the holidays, and Americans are embracing this tradition as they pack away many of the concerns that impacted plans last year.”

The big beneficiary of this travel boom could be hotels. Some 56% of holiday travelers say they play to stay at a hotel at some point in their journey this year, compared to just 35% last year. The average traveler expects to spend $2,725 on their trip, Deloitte reports.

That steep bill is the reason the number of people traveling isn’t higher. Of the people surveyed who won’t be hitting the road, 38% say finances are the top deterrent. COVID fears have largely disappeared, with only 11% citing health worries as the reason they’re staying home.

The continued surge in remote work is also fueling the travel boom. One-third of the 5,281 people surveyed said they planned to work on their longest trip this holiday season. Those workers tend to travel more frequently and take longer trips, says Deloitte.

Subscribe to the CFO Daily newsletter to keep up with the trends, issues, and executives shaping corporate finance. Sign up for free.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Coalition Calls For A Stronger Food Systems Approach At COP28

Next Post

Yen edges up after Japanese officials vow to defend currency

Next Post
Yen edges up after Japanese officials vow to defend currency

Yen edges up after Japanese officials vow to defend currency

Donald Trump’s anti-war pledge tested as Israel’s attack on Iran splits Maga base

Donald Trump’s anti-war pledge tested as Israel’s attack on Iran splits Maga base

June 14, 2025
What it takes to lead through volatility and uncertainty

What it takes to lead through volatility and uncertainty

June 13, 2025
Port of LA imports fell nearly 20% in May, and it may mean higher prices and fewer choices on back-to-school and Halloween items

Port of LA imports fell nearly 20% in May, and it may mean higher prices and fewer choices on back-to-school and Halloween items

June 16, 2025
Merck exec says Chernobyl changed the course of her life after her father begged her to leave nuclear physics on his deathbed—now she’s running the 5 billion pharma giant’s U.K. healthcare arm

Merck exec says Chernobyl changed the course of her life after her father begged her to leave nuclear physics on his deathbed—now she’s running the $235 billion pharma giant’s U.K. healthcare arm

June 17, 2025
New Nissan Leaf electric car to be built in Sunderland

New Nissan Leaf electric car to be built in Sunderland

June 17, 2025
The heiress of  billion Perdue farms and the  billion Sheraton hotel empire wore hand-me-downs, still rides the subway, and flies economy

The heiress of $10 billion Perdue farms and the $12 billion Sheraton hotel empire wore hand-me-downs, still rides the subway, and flies economy

June 15, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

OpenLedger and UC Berkeley Give Students Direct Ownership in Building Decentralized AI

OpenLedger and UC Berkeley Give Students Direct Ownership in Building Decentralized AI

June 18, 2025
SCOTUS limits Tax Court jurisdiction if an IRS tax levy disappears

SCOTUS limits Tax Court jurisdiction if an IRS tax levy disappears

June 18, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!