Millennials willing to go into debt for travel experiences

cheryl

cheryl

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Millennials willing to go into debt for travel experiences - Union Leader

People love traveling — whether it’s meant to get away and relax or to reconnect with family and loved ones. However, a new survey reveals that some people are so willing to travel even if it may hurt them financially.

The home-sharing platform Vrbo conducted a survey of American travelers with the help of Ipsos and found that millennials aren’t willing to put off their vacation, even if they can’t afford it.

“Forget what you thought about millennials traveling on a shoestring,” said Karen Fuller, senior director of global market research at Vrbo.

“Our results revealed that they are actually the most likely to go into debt for travel, which is consistent with the notion that millennials like to accumulate experiences, not things.”
 
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