Well, I think that travel will certainly get a big bounce from the vaccines. Overall though, I believe consumer spending was down a bit for the year in the U.S.....albeit rebounding in a big way in Q3. I think what we're going to see if money moving from one bucket to another within that consumer spending umbrella. So...like you, we'll definitely spend more on services once we're vaccinated, but less on consumer goods as we did throughout the pandemic.
I own a decent sized pet care business in my area (pet-sitting and dog walking), and so I can definitely tell you that people in my area, for the most part....are not taking vacations. This past week is always the busiest of the year for me with respect to vacation travelers....this year.....not so much. And because I service so many homes with NYC commuters....I can tell you they're not doing that either in large numbers. So I have hard data on that kind of thing in my area anyway.
Where are they spending? They're spending on "stuff" for their homes. People are doing big home upgrades, both inside and out. And just buying lots and lots of stuff. We did the same here, with lots of spending on our back yard, front porch, etc. We didn't spend nearly as much as we would have on vacations, but we spent much more than we normally would have on our home in a regular year.
So I feel like money, for those who have not suffered big job losses/financial difficulties, will move from one bucket....to another. But...being on the service side of this economy, I for one am happy to hear that you're planning on a 10 day vacation....as are the people who work for me. I've only been able to bring back two of my six people, and just part-time.