Revenge travel is reaching its peak, but the cost-of-living crisis is starting to impact leisure travelers' behavior and spending
According to a recent travel study, over half of consumers are likely to spend more on their leisure travel in 2022[Boston, U.S. September 20, 2022] – As travel restrictions have been lifted and pandemic-related concerns are fading away, travel is recovering strongly. A recent Global Travel Trends study by global consultancy Simon-Kucher & Partners reveals that 63% of cross-national respondents see vacation travel as a special treat that they are looking forward to the most this year, compared to 47% last year. Over half are likely to spend more on leisure