Travel activity is expected to heat up to record levels around the Independence Day holiday as consumers take advantage of cooler prices for airfares, gasoline and hotels
The gulf between higher- and lower-income consumers has been widening for years, but it is expected to show up especially clearly in travel this season.
Outbound international travel is still booming, domestic leisure travel is holding up, and even business travel is coming back after a sharp decline that started in 2020.
Connexion
