In a 2023 survey, 71 percent of Millennial respondents said that they were planning to reduce personal spending in order to prioritize leisure travel. Similarly, 72 percent of the surveyed Gen Z's expressed a similar sentiment regarding cutting expenses.
Share of travelers that plan to reduce personal spending in order to prioritize leisure travel worldwide in 2023, by generation
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Hilton. (October 5, 2023). Share of travelers that plan to reduce personal spending in order to prioritize leisure travel worldwide in 2023, by generation [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1454391/travelers-planning-cut-personal-expenses-leisure-travel/
Hilton. "Share of travelers that plan to reduce personal spending in order to prioritize leisure travel worldwide in 2023, by generation." Chart. October 5, 2023. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1454391/travelers-planning-cut-personal-expenses-leisure-travel/
Hilton. (2023). Share of travelers that plan to reduce personal spending in order to prioritize leisure travel worldwide in 2023, by generation. Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1454391/travelers-planning-cut-personal-expenses-leisure-travel/
Hilton. "Share of Travelers That Plan to Reduce Personal Spending in Order to Prioritize Leisure Travel Worldwide in 2023, by Generation." Statista, Statista Inc., 5 Oct 2023, https://www.statista.com/statistics/1454391/travelers-planning-cut-personal-expenses-leisure-travel/
Hilton, Share of travelers that plan to reduce personal spending in order to prioritize leisure travel worldwide in 2023, by generation Statista, https://www.statista.com/statistics/1454391/travelers-planning-cut-personal-expenses-leisure-travel/ (last visited October 02, 2024)
Share of travelers that plan to reduce personal spending in order to prioritize leisure travel worldwide in 2023, by generation [Graph], Hilton, October 5, 2023. [Online]. Available: https://www.statista.com/statistics/1454391/travelers-planning-cut-personal-expenses-leisure-travel/