Why a Disney vacation may have gotten too pricey for the average American family
The U.S. travel sector has been surprisingly resilient when it comes to travel.Domestic travel numbers have returned to pre-pandemic levels and air travel has surged even as more than a third of travelers planned to take on debt for summer trips. However, inflation-weary consumers might be taking their money elsewhere when it comes to theme parks.In its 2024 third-quarter results, Disney blamed a "softening consumer environment" for sliding demand in its theme parks. Domestic parks, which include Walt Disne ...