Gas prices, inflation causing many to alter or abandon summer travel plans

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With gas prices approaching $5 in most locations, and quadruple the typical rate of inflation, many Americans are choosing more modest summer trips in 2022 or foregoing travel altogether.

– Increased gas prices and inflation are causing many to change up their summer travel plans.

“We’re staying local,” Roden said. “We’re not traveling as much like down to the Panama City areas or any beaches -- too expensive.”, many Americans are choosing more modest summer trips in 2022 or foregoing travel altogether.Financial website

 

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