Recent data from Bank of America shows fewer families are booking flights and hotel accommodations compared to last year, while Labor Department figures reveal that the number of workers taking vacation time in June dropped to its lowest level since the pandemic, per the Washington Post . Meanwhile, the phenomenon of "trip-splitting"—taking those truncated but more frequent trips in lieu of one big annual vacation—rose from 18% in March to 28% in April, per Globetrender , which in May heralded "the rise of strategic travel." The mood shift is tied to months of economic warnings, from concerns about job stability to fears of rising prices due to new tariffs on imports from countries like Brazil, Japan, and Canada, per the Post.
Author: Jenn Gidman with Newser.AI
Published at: 2025-07-20 19:35:00
Still want to read the full version? Full article