Labor Day weekend marks the end of the summer travel season and new data shows American households were conscious of finding ways to save money even as they forged ahead with travel and entertainment plans this summer.
Bank of America’s summer travel survey found that consumers’ desire to travel remained strong and that people have been focused on getting the most value out of their trip.
“People aren’t cutting travel out. Instead, they’re being intentional about where the money goes,” Mary Hines Droesch, head of consumer and small business products and analytics at Bank of America, told FOX Business.
“They’ll splurge on the one thing that…
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