{"id":861,"date":"2022-11-04T18:58:39","date_gmt":"2022-11-05T01:58:39","guid":{"rendered":"https:\/\/coldstreams.com\/travel\/?p=861"},"modified":"2022-11-04T18:59:36","modified_gmt":"2022-11-05T01:59:36","slug":"spending-for-the-holidays-consumers-may-prefer-spending-on-travel-and-experiences-versus-stuff","status":"publish","type":"post","link":"https:\/\/coldstreams.com\/travel\/2022\/11\/04\/spending-for-the-holidays-consumers-may-prefer-spending-on-travel-and-experiences-versus-stuff\/","title":{"rendered":"Spending: For the holidays, consumers may prefer spending on travel and experiences versus &#8220;stuff&#8221;"},"content":{"rendered":"<blockquote><p>Retailers have a new threat this holiday season: wanderlust.<\/p>\n<p>Americans are returning to the skies, filling hotels, swarming theme parks \u2014 and&nbsp;they\u2019re showing a willingness to spend more of their money on trips.<\/p><\/blockquote>\n<p>Source: <em><a href=\"https:\/\/www.cnbc.com\/2022\/11\/04\/travel-has-edge-over-shopping-holiday-season-amid-inflation.html\">Travel has edge over shopping this holiday season amid inflation<\/a><\/em><\/p>\n<p>Consumers are seeking experiences more than collecting more stuff to store in their homes and garages.<\/p>\n<p>There are many reasons this may be happening:<\/p>\n<ul>\n<li>The pandemic taught us life isn&#8217;t forever and continuously saving for a future that may never come may no longer be a good strategy<\/li>\n<li>Many missed visiting family, friends and destinations and are now eagerly and aggressively returning to travel.<\/li>\n<\/ul>\n<p>This trend might also stop rapidly in 2023 as the economy falls into an economic recession. The Federal Reserve is raising interest rates to stop inflation &#8211; never in history have they achieved a &#8220;soft landing&#8221;. Instead, this always ends with a recession. And that may influence spending on travel in 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumers appear to be switching from buying &#8220;stuff&#8221; to spending money on travel, desire experiences again, versus buying more stuff. <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-861","post","type-post","status-publish","format-standard","hentry","category-planning"],"_links":{"self":[{"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/posts\/861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/comments?post=861"}],"version-history":[{"count":0,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/posts\/861\/revisions"}],"wp:attachment":[{"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/media?parent=861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/categories?post=861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coldstreams.com\/travel\/wp-json\/wp\/v2\/tags?post=861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}