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More Plan Holiday Travel, but Americans Slash Budgets 18%, Deloitte Says

Cost pressures are steering more travelers to drive instead of fly.

Overview

  • Fifty-four percent of Americans plan trips between Thanksgiving and mid-January, according to Deloitte’s 2025 Holiday Travel Survey.
  • Average holiday travel budgets have dropped to $2,334, reflecting an 18% year-over-year cut.
  • Only 47% expect to fly for their longest trip of the season, down from 55% in 2024, with more opting to drive.
  • International plans have fallen to 17% from 24% last year, and inbound visitors to the U.S. are expected to decline by about 6%.
  • Gen Z and millennials are cutting the most—Gen Z budgets down 31%—while Boomers plan a 4% increase, and about 24% of travelers intend to use generative AI for planning.