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More than three out of five Americans plan to take a summer vacation this year despite having about 10% less money to spend on their travels, according to 19th annual Holiday Barometer from Generali Global Assistance.
"In the 19th annual Holiday Barometer, we have seen the consolidation of many of the positive trends we have recognized in recent years," Chris Carnicelli, CEO of Generali Global Assistance, said in a press release. "While Americans have experienced a 10% reduction in their travel budgets, they are still the highest of those surveyed. As an assistance provider, we look to stay current with travel trends in order to accurately anticipate our customers' needs. It's part of our 'you live we care' motto that we look to fulfill every day."
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Elana Ashanti Jefferson
Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].
