Tag: #VacationCosts

US Tourism Declines As Inflation Deters Global Visitors

Posted onAuthorChris Owen

Several prominent US states, including New York, Nevada, California, Florida, and Michigan, are experiencing a significant downturn in tourism in 2025. This decline is primarily driven by a sharp drop in international arrivals and the impact of rising inflation on Read More …

Rising Travel Costs Led To Big Travel Insurance Payouts

Posted onAuthorChris Owen

As travel costs surged in 2024, more travelers sought protection through travel insurance, leading to an 18% increase in paid claims over the previous year. This rise in claims coincided with a dramatic 37% spike in payout amounts, which grew from an Read More …