Summer Vacation Spending Increases

See recent posts by Lissa Poirot

A new survey reveals Americans will spend more on their summer vacations in 2016. The total projected spend for vacations is expected to reach nearly $90 billion, an increase in 11 percent over 2015.

The Vacation Confidence Index, released by Allianz Global Assistance, tracked Americans’ confidence that they will take a summer vacation, as well as how much they intend to spend while vacationing. The survey found 50 percent of Americans are confident they will take a vacation, and the average household spend will be $1,798.

Want to save on your next family vacation? Read Ways to Save on Family Travel and 5 Money-Saving Vacation Tips for Families.

–Lissa Poirot

Our team of parents and travel experts chooses each product and service we recommend. Anything you purchase through links on our site may earn us a commission.