american express spending saving tracker
Cracking the Millennial Travel Mindset: Surprising Insights on Attitudes and Behaviors
The American Express Future of Travel Study | August 5, 2016
Mirroring Boomer Counterparts, 89% of Millennials Report Value of 'High-Touch' Personal Service NEW YORK - August 5, 2016 - As the largest demographic since the boomers, Millennials are influencing the travel industry. According to new data released from The American Express Future of Travel and the American Express Spending & Saving Tracker, Millennials are more optimistic and plan to travel more frequently (52.8% Millennials vs. 32.1% Boomers) in the next five years and spend more on travel than boomers (58% Millennials vs. 41.3% Boomers) in the same timeframe. There are similarities too. The survey data shows both Millennials and...
80% of Americans Plan to Travel this Summer Spending $184.3 Billion
the American Express Spending & Saving Tracker | May 25, 2016
NEW YORK - May 25, 2016 - With spring in full swing, Americans are looking ahead to summer getaways, with 8 in 10 planning to travel this season. According to the most recent American Express Spending & Saving Tracker, 80% of Americans, or 195.9 million people, plan to travel in the coming months and expect to spend an average of $941, per person, on their trips. Millennials, in particular, plan to travel more this summer than the average American (89% vs. 80% general population), despite busy lifestyles and plans to save money in 2016.1 The small percentage of Millennials staying local (11%) attribute their lack of summer travel pl...