Airlines have already warned of a slow start to the year. That dynamic may be hitting other travel categories, too.🐼

Spending is also softer in the lodging and tourism categories, according to Bank of America data released Monday. Spending on lodging is about 2.5% lower than 2024 levels at this time, according to the data, which examines credit and debit card expenditures; Spending on tourism-related activities, such as motor home and RV rentalsꦆ, sport clubs, tourist attractions and exhibits, amusement parks, aquariums and zoos, is down by similar margins. 

The data follows reports from a range of airlines, which earlier this year 澳洲幸运5官方开奖结果体彩网:lowered their projections for the first quarter. Virgin Atlantic's CFO earlier today also reported said he'd seen "some signals" of slowing US demand.

澳洲幸运5官方开奖结果体彩网:Poor weather conditions and a late Easter holiday might be contributing to the slower travel year so far, Bank of America's report said. This winter has brought 澳洲幸运5官方开奖结果体彩网:several weather disruptions across the country that𒀰 BofA says may have held spending back; Easter Sunday, meanwhiꦗle, falls on April 20 this year, meaning spring break and other spring travel plans may have been pushed back.

Total in-person Bank of America credit and debit card spending overseas was actually up 2.6% in January and February 2025 compared to the same period last year, suggesting that some people are still taking trips abroad. American consumers mak🔴e up about two-thirds of all U.S. tourism demand, Bank of America said.

The bank has given the U.S. domestic travel labor market a rating of “yellow,” suggesting that while spending appears soft, it's not at the point where a "red" is warranted.