Americans are eager to travel this summer despite inflation-strapped budgets.
The overall price of travel is up 16% from this time in 2019, according to the NerdWallet Travel Price Index.
Car rental prices peaked in July 2021, according to NerdWallet, and have been consistently declining.
Moreover, more than 60% of adults intend to travel for the July 4 weekend.
International travel is particularly popular this summer, primarily due to pent-up demand, as this is the first summer without Covid-related travel restrictions, Berg said.
Persons:
Hopper, Hayley Berg, Read, Berg
Organizations:
Finance, Amazon