Say: 1 in 2 Americans would rather take a vacation than visit family during the holiday season

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SAN FRANCISCO – September 28, 2021 – More than half of Americans prefer to get away from it all rather than reuniting with family over the holiday season, according to Affirm’s latest consumer spending report, Affirm’s take on what to do consumers and where they are. directed then. The survey found that U.S. consumers start planning their vacations early, as one in four will have started shopping in October – and this year 54% say they will spend more on experiences, such as traveling or attending and organizing. holidays, on physical gifts.

Amid the excitement of booking a long-awaited getaway and visiting loved ones again, more than 60% of those surveyed feared they could not afford to travel the way they would like, given soaring prices. In addition, 74% of travelers say they will spend more than ever on their travel this holiday season.

Ahead of the busy holiday season, Affirm is teaming up with actress and travel enthusiast Nina Dobrev to share her gift ideas and budgeting tips. “This holiday season I’m thinking outside the box and giving my loved ones fun experiences like vacations, while taking the time to plan a few getaways with my closest friends over the New Year,” Nina said. “Finding affordable travel can be difficult, so I’m excited to partner with Affirm, which gives people the ability to book travel while paying over time, making it much easier to stay on budget. ”

Major additional findings include:

  • A vacation (for example, flights, a hotel room, a travel package) is the best gift Americans hope to receive this holiday season.

  • More than a quarter (26%) of respondents plan to offer vacations to their loved ones this year

  • More than a third (38%) will celebrate the holiday season by traveling with family

    • Of these respondents, almost a third (27%) plan to stay in a hotel or vacation rental, as opposed to their family’s or in-laws’ home.

With Affirm, eligible consumers can book vacation flights, accommodations and more at popular merchants like Vrbo, Expedia, Delta Vacations, and Priceline, all while paying at their own pace. If approved, consumers can select Confirm at checkout and split their purchases into economical bi-weekly or monthly payments with no hidden or late fees.

About Affirm

Affirm’s mission is to provide honest financial products that improve lives. By creating a new kind of payments network – based on trust, transparency and people first – we empower millions of consumers to spend and save responsibly, and empower thousands of businesses with the tools necessary to stimulate growth. Unlike credit cards and other installment payment options, we show consumers exactly what they will pay up front, never increase that amount, and never charge late fees or hidden fees. Follow Affirm on social networks: LinkedIn | Instagram | Facebook | Twitter.

Payment options through Affirm are subject to eligibility verification, may not be available in all states, and are provided by these loan partners: affirm.com/lenders. California Residents: Loans made by Affirm Loan Services, LLC are made or arranged under license from California Financial Lender.

press contact

Brittany Jackson

[email protected]

650-398-2715

Disclaimer

Affirm Holdings Inc. published this content on September 28, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on September 28, 2021 07:21:03 PM UTC.



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