Gen Z and millennials are going into debt to travel this summer. Remote working may be partly to blame.
Briefly

Millennials and Gen Zers willing to take on debt to fund summer travel; prioritize experiences over tangible items, influenced by remote work trend. - CEO, Trivago
92% of surveyed young Americans plan to travel as much as 2023, some even more; attribute spending increase to desire for experiences. - Credit Karma, Bankrate, Bank of America
Growing acceptance of remote work making it easier for younger individuals to travel while fulfilling work obligations, regardless of financial constraints. - Johannes Thomas, CEO of Trivago
Majority of millennials and Gen Zers plan to spend at least $4,000 on travel in 2024, despite potential financial strain. - Forbes Advisor
Read at Business Insider
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