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Global market data

Cryptocurrencies: 5,988
Markets: 545
Marketcap: $ 539.84 B
24h Vol: $ 70.91 B
BTC Dominance: 60.99%

[ZEROHEDGE] 70% Of Americans Unlikely To Travel For Holidays As US Faces Second Virus Wave 

Zero Hedge

70% Of Americans Unlikely To Travel For Holidays As US Faces Second Virus Wave 

Tyler Durden

Sun, 11/15/2020 – 09:55

As many on Wall Street want to believe, the prospects of a COVID-19 vaccine are certainly not instant stimulus. For some economic realities of just how awful the travel and tourism season will be this holiday season, a new study shows that 72% of Americans are unlikely to travel for Thanksgiving, and 69% are unlikely to travel for Christmas, compounding the challenges for the travel and tourism sector. 

The survey of 2,200 adults was conducted on Nov. 4 by Morning Consult on behalf of the American Hotel & Lodging Association (AHLA). Only 32% of respondents have taken an overnight vacation or leisure trip since March. Only 21% of respondents said they would travel for Thanksgiving, and 24% will travel for Christmas. 

The resurgence of the virus pandemic late in 2020 forced many respondents to reevaluate travel plans for 2021. With the threat president-elect, Joe Biden will shut down the country in late January – only 24% of respondents said they would travel for spring break. And less than half (44%) said they would stay in a hotel for their next vacation a year or more from now. 

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