This summer, travelers want to spend more money on vacations, BMO Financial Group recently reported. However, the cost of a vacation may still vary greatly from one destination to the next depending on such factors as crime, public transportation, hotel and the price of food. It follows that travel insurance might be a 'smart investment' for summer vacationers in 2024, according to Forbes Advisor, thanks to potential complications like flight delays and car accidents. Regardless of the potential for vacation mishaps, one in four Americans say they will spend more on getaways in 2024 when compared to 2023, with Millennial and Gen Z travelers representing the largest group planning to vacation this summer, according to the BMO survey. "Travel and tourism has strengthened across most of the country," Chief U.S. Economist at BMO Scott Anderson said in the release. "Even amid lingering inflation pressures and higher-for-longer interest rates, consumer spending on experiences and some big-ticket items are still grinding higher, despite heightened price sensitivity around small discretionary goods outlays." This year's boom in summer travel comes after the Transportation Security Administration (TSA) reported a record-breaking number of travelers screened at airports during the Memorial Day weekend. The slideshow above highlights the top five worst cities to visit this summer as selected by Forbes Advisor. Related: |

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