New Data Reveals Millennials’ Decreased Participation in Holiday Homecomings

Millennials and Gen Zers Opt for Travel Over Going Home for the Holidays

As the holiday season approaches, many individuals are eager to embark on exciting travel adventures. However, a recent report from American Express reveals that not everyone intends to travel back home. According to a study shared with Thrillist, although 69% of millennials and Gen Zers plan to travel this holiday season, their travel plans do not necessarily involve commuting home.

Tight Finances Lead to Choices Between Trips and Gifts

In September, American Express conducted a survey involving 1,824 millennials and Gen Zers to gauge their winter travel plans. Given the current financial constraints faced by many, individuals are often forced to make decisions between trips and gifts. Previous data has already indicated that young people prefer receiving trips or experiences over material gifts, and Amex’s survey further reinforces this trend.

A Desire for Travel Stemming from a Lack of Summer Adventures

The desire to travel during the holiday season is partially fueled by a feeling of not having traveled enough during the typically busy summer travel season. The survey revealed that 56% of millennial and Gen Z respondents believed they did not travel sufficiently this past summer. However, international trips during the holiday season are not as prevalent.

Domestic and Road Trips Dominate Holiday Travel Plans

According to the poll, domestic trips account for 44% of travel plans, while road trips make up 37% of holiday travel plans for this demographic. The top reasons cited for taking these trips include spending time with friends and family, seeking new experiences, and exploring unfamiliar places. For those who do not plan on returning home for the holidays, alternative arrangements include visiting a significant other’s family, staying with friends, or even opting to spend the holidays alone.

Prepare for Fewer Place Settings at Thanksgiving

This year, don’t be surprised if you find yourself with a few less siblings and cousins at your holiday gatherings. They may have chosen to embark on a road trip to their mother-in-law’s house or utilize their limited paid time off to explore a new destination. Regardless, the holiday season is evolving, and traditional gatherings are being replaced by alternative travel experiences.

Discover Popular Winter Destinations

For ideas on planning your own winter travel adventures, be sure to check out the most popular destinations recommended by Chase Travel.

Author’s Quote: “Embrace the Adventurous Spirit and Explore New Horizons!”

Author’s Conclusion: “The Holiday Season is Transforming into an Exciting Time for Travel Enthusiasts!”

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