NEW YORK, Sept. 3, 2020 /PRNewswire/ -- With the
pandemic sparking safety concerns and economic challenges, nearly
three-fourths of Americans did not take a vacation this summer.
Some even risked burnout by not taking paid time off. Those who
chose not to travel or take time off did so for safety reasons, but
also because they felt guilty since working from home.
As the summer season comes to a close, ValuePenguin conducted a
survey on vacation and paid time off trends to see how Americans
were faring during these unprecedented times.
Key findings:
- 72% of Americans did not take a summer vacation this
year. Of those who did travel this summer, 71% opted for a
road trip rather than flying.
- 44% of working Americans did not use any of their paid time
off this summer, and an additional 22% took less time off than
normal. When asked why, 16% expressed concern they could
be at risk of furloughs or layoffs, and 13% felt guilty asking for
time off since they're working from home.
- A third of consumers had to put off a milestone trip such as
an anniversary or graduation celebration. That's
especially true for parents of children under 18, of whom 50% were
forced to table a celebratory trip.
- 60% of Gen Z and 49% of millennials fought with family or
friends over COVID-related summer travel disagreements,
primarily over whether or not to reschedule an event and their
decision to travel or attend an event.
View full report: 72% of Americans Did Not Take Summer
Vacation
About ValuePenguin.com: ValuePenguin.com, part of
LendingTree (NASDAQ: TREE), is a personal finance website that
conducts in-depth research and provides objective analysis to help
guide consumers to the best financial decisions. ValuePenguin
focuses on value, assessing whether the return of a particular
decision is worth the cost or risk of that option, and how this
stacks up with the other possible choices they may have. For more
information, please visit www.valuepenguin.com, like our Facebook
page, or follow us on Twitter @ValuePenguin.
Media Contact:
Nadia
Gonzalez (Mrs.)
Nadia@LendingTreeNews.com
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SOURCE ValuePenguin.com