Consumers Still Spending on Fun…

Consumers Still Spending on Fun…
Many people are taking vacations that they have put off since the start of the pandemic. Photo: Hans Gutknecht/MediaNews Group/Los Angeles Daily News/Getty Images

Americans are splurging on summer travel and entertainment, putting their money toward experiences outside of the homes where they spent the early years of the pandemic.

This week a range of businesses that cater to leisure time reported strong results. Hotel chains said tourists are shelling out top dollar for rooms, and cruise lines posted records in onboard spending. Theme parks said sales per visitor hit historic highs and casinos reported rising slot-machine gambling in Las Vegas.

View Original Article

Free weekly Newsletter

A weekly breakdown of forecasts and trends

Enter your contact info to get The Financial Gambits VIP Newsletter for FREE.

We hate spam as much as you, if you dont like it just unsubscribe and we will never bother you again