Inflation is making travel hard on a large portion of Americans, according to a new study from financial services provider Empower. The study found nearly 90 percent of Americans say inflation impacted their summer travel plans, with 20 percent saying they can’t afford summer travel, and more than 40 percent saying they won’t travel this summer at all due to rising costs.
Of those Empower survey respondents who do plan to travel this summer, nearly a third said they would need to dip into savings to fund their travel. In contrast, specifically Gen Z respondents largely said they planned to fund their summer trips via cutting back in areas such as subscription services and beauty services. Both Gen Z and millennial respondents indicated they would take on extra work in order to save money for vacations.
When travelers do hit the road this summer (nearly a fifth of Empower survey respondents were planning to take a summer road trip), many plan to cap their spending at $500 for transportation, food and activities combined. However, 33 percent said they would splurge on their accommodations, which Empower defined as spending more than $1,000 per trip on lodging alone.
Visiting Sangay National Park in Ecuador is a once-in-a-lifetime experience. The UNESCO World Heritage site features an array of landscapes, from glaciers to cloud forests, moorlands to grasslands. It’s also an extremely biodiverse destination, with more than 3,000 flowering plant species, more than 400 bird species and more than 100 mammal species.
Ho Chi Minh City is the most-populous city in Vietnam, known for its historic landmarks, well-preserved French colonial architecture and vibrant street life. It’s home to Tân Sơn Nhất International Airport, the busiest airport in the country, and is the business and financial hub of Vietnam. Named after the revolutionary leader who declared independence back in 1945, the city is organized into districts, each offering its own unique offerings. Here are some of the best things to see and do in Ho Chi Minh City:
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A new book subscription service hopes to introduce you to “literary hidden gems that you may not have otherwise come across.” Aphilia cuts down on the time needed to hunt for your next great read while allowing you to get to the part that actually matters — reading.