The average household spends about $1,500 on travel each year, according to the Consumer Expenditure Survey. The biggest spenders on travel are older Americans. The AARP recently surveyed Americans aged 50-plus to examine how frequently they travel for nonbusiness purposes and how they make arrangements for their trips. Some of the findings...
- Number of trips per year of more than 250 miles: 3.32
- Most frequent travelers: 60-to-69-year-olds (3.81 trips per year)
- Percent using the Internet to book trip arrangements: 84%
- Top two reasons for travel: spend time with family (59%) and vacation (44%)
Source: AARP,
AARP Online Travel Study
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