BUSINESSFORTUNE
As higher airfares and gas prices make vacations ‘crazy expensive,’ small business owners say Americans are staying closer to home this summer
Rising airfares and gas prices are prompting Americans to prioritize domestic vacations over international travel, with small business owners reporting increased local tourism through road trips, day trips, and budget-conscious spending. AAA projects a 0.5% increase in summer travelers compared to 2023, driven by cruise, bus, and train trips, while economic factors and events like the FIFA World Cup and U.S. 250th anniversary celebrations encourage closer-to-home travel.
Mentioned
Related Signal
Adjacent reporting
- Small businesses say they’re having a good summer as Americans travel closer to home
- Small businesses say they’re having a good summer as Americans travel closer to home
- Small businesses say they're having a good summer as Americans travel closer to home
- Gas Prices Rise as Summer Holiday Travel Begins
- RIP Euro summer: Americans are trading Tuscany for Tacoma, thanks to soaring airfares