How Much Do Americans Spend on Holiday Travel?
With much of the media fanfare focused on gift and entertainment spending during the winter holiday season, you may not realize that Thanksgiving and year-end holidays are also the busiest travel times of the year. In 2012, Americans collectively spent $14 billion on Thanksgiving travel expenses and $58 billion on year-end holiday travel, according to data from the third annual Hotwire.com American Travel Behavior Survey.