When planning your travel budget, it's important to think about whether you want to spend more on experiences or where you stay.
A study by the U.S. Travel Association found that people spend 78% of their travel money on experiences, like activities, meals, and attractions. On the other hand, only about 30% goes to places to stay.
Things to Think About:
Average Spending: On average, travelers spend around 400 on where they sleep during a trip.
Experience Matters: A survey from Booking.com shows that 57% of travelers prefer to spend their money on unique experiences instead of fancy places to stay.
Memorable Moments: Research says that people remember their experiences for a lifetime, while things like expensive hotels are easily forgotten.
Tips for Your Budget:
Divide Your Money: Try to spend 60% of your travel budget on experiences and 40% on where you stay.
Find a Balance: Choose mid-range accommodations that are comfortable but still allow you to spend more on special experiences.
In short, focusing on experiences can make your trip much more enjoyable. Plus, it fits well with how people are spending their money, leading to a more rewarding adventure.
When planning your travel budget, it's important to think about whether you want to spend more on experiences or where you stay.
A study by the U.S. Travel Association found that people spend 78% of their travel money on experiences, like activities, meals, and attractions. On the other hand, only about 30% goes to places to stay.
Things to Think About:
Average Spending: On average, travelers spend around 400 on where they sleep during a trip.
Experience Matters: A survey from Booking.com shows that 57% of travelers prefer to spend their money on unique experiences instead of fancy places to stay.
Memorable Moments: Research says that people remember their experiences for a lifetime, while things like expensive hotels are easily forgotten.
Tips for Your Budget:
Divide Your Money: Try to spend 60% of your travel budget on experiences and 40% on where you stay.
Find a Balance: Choose mid-range accommodations that are comfortable but still allow you to spend more on special experiences.
In short, focusing on experiences can make your trip much more enjoyable. Plus, it fits well with how people are spending their money, leading to a more rewarding adventure.