The 2022 holiday season will be defined by shifting priorities as consumers find ways to navigate inflation and keep the holidays festive.
Read on to explore the retail survey and holiday travel trends.
2022 Deloitte holiday retail survey
Finances are in a precarious position as we head into the holidays—37% of American households say their financial situation is worse than last year. But there are bright spots this season despite economic pressures. Holiday spirit (and spending) is alive and well as shoppers adjust their spending strategies in response to inflation.
2022 Deloitte holiday travel survey
After climbing upward for a year and a half, Americans’ enthusiasm for travel appears dampened this holiday season. Pandemic concerns are fading, but financial woes and flight cancellations have more deciding to stay home. As travelers reconnect with family and friends, airlines and hotels should look to reestablish trust and high service standards.
Deloitte’s Mike Daher and Nick Handrinos tell host Tanya Ott how the retail and travel industry can sooth consumers’ nerves this holiday season. 19 MIN LISTEN Consumer industry; Retail and distribution; Travel, hospitality, and leisure
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Meet the contributors to the Deloitte Consumer Insights 2022. For more insights, visit the Consumer Industry Center and read more on the automotive, consumer products, retail, transportation, hospitality, and services sectors.