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Americans taking more vacations, but spending less, survey finds

More Americans are planning to take a summer vacation, but the length of those vacations and overall budgets will decline.

That’s the upshot of a new survey conducted by Generali Global Assistance. Some of the survey’s top findings:

“The shorter travel durations are explained by sizeable decreases in traveler’s budgets this year,” Chris Carnicelli, CEO, Generali Global Assistance North America said in a news release. “U.S. travelers are dropping their budgets by 20 percent to an average $2,679, while Europeans budgets are decreasing by 14 percent to €1,989. This is significant because budget once again ranked as the number one factor for travelers when deciding on a summer vacation location.”

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