More Americans Plan to Stay Home for the Holidays This Year

Holidays are one of the busiest times for traveling but, this year, inflation is putting a dent in many people’s plans to go too far or stay too long. 

According to Deloitte’s annual” onclick=”return phoenixTrackClickEvent(this, event);”>holiday travel survey, only 31% of Americans plan to take some kind of trip between Thanksgiving and mid-January. Last year, that number was at 42%.

While the primary reason for not traveling in 2020 and 2021 was fear of covid and pandemic-related disruptions, financial worries have steadily squeezed out health concerns — 37% of those not traveling are not doing it because of the cost while only 18% are concerned about covid or other diseases.

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