Americans might be watching their spending amid persistent inflation, but it’s not deterring many of them from traveling this summer — especially those with higher incomes. Morgan Stanley and AlphaWise polled about 2,000 U.S. consumers in May and found that 60% of consumers are preparing to take a summer trip. Among consumers who earn between … Read more
All-inclusive hotels are making a big play for luxury travelers. In the wake of the pandemic, demand for all-inclusive resorts skyrocketed, according to a report by JLL Research Hotels & Hospitality. Travelers — suddenly and en masse — wanted vacations that were stress-free and easy to plan, ideally with a wellness component, according to the … Read more
Illustration by Elham Ataeiazar Daryn Carr is no stranger to side hustles. After his mom died from Covid in 2020, he used funds from her pension to pay off some bills and buy a car. With the remaining money, he invested in crypto and started an ATM business. One day in 2022, while scrolling through … Read more
Timeshares have become increasingly common — and expensive. About 10 million U.S. households own a timeshare, and the average price of one of these vacation homes rose to $23,940 in 2023, a more than 30% increase since 2018, according to the American Resort Development Association. While the industry has grown more popular, it has come … Read more
