According to new data from Barclaycard, consumer spending on agents grew by 48.3% and transactions by 44.6% in October compared to the same month last year.
Airlines saw a 37.6% increase in consumer spend and a 35.5% uptick in transactions, while domestic hotels, resorts and accommodations saw a 4.7% contraction in spending and 3.4% less transactions than October 2021.
According to the report, overall consumer card spending grew 3.5% year-on-year in October – higher than in September (1.8%) – but well below the 8.8% rise in consumer price inflation.
