Americans to Top $100 Billion in Vacation Spending This Summer

July 14, 2017

Allianz Global Assistance's Annual Vacation Confidence Index Reveals that Generation X Travelers Will Spend Nearly Twice as Much as Millennials and More than Baby Boomers Americans are spending more on summer vacations this year, topping $100 billion for the first time, according to the eighth annual Allianz Travel Insurance Vacation Confidence Index released today by Allianz Global Assistance. This is the first time in the survey's eight year history that vacation spending has surpassed the $100 billion mark and represents a 12.5 percent increase over last year. Americans' spending habits have risen for the second consecutive year &...