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With inflation, March quarter consumption fell more than 7% for 25- to 29-year-olds, while over-65s spent 11% more on travel compared with last year
Travel agency’s revenue from leisure arm now exceeding pre-pandemic levels as head predicts ‘watershed’ year after four years of disruptions
Rising debt repayments alongside elevated savings rates are moving money from young to old, experts say, leaving younger people under growing strain
Expenditure by older cohort increased by almost double that of under-35s, while travel outlay grew 39% for all ages
Looks to Quantium Health.