By James MeehanRead moreA new study finds that people who own holiday homes spend more than twice as much on holiday-related spending than people who do not.
The research, conducted by research firm iResearch, found that people spending money on holiday homes on average spend $1,300 more than those who do nothing.
The researchers also looked at people who owned holiday homes and found that the average spending was $2,400, which is $2.4 million more than the average cost of a detached home in the United States.
The study also found that when it comes to how much money people spend on holidays, the more people spend the more they spend.
The researchers calculated the average yearly spending of a holiday-home owner and found the average spend was $4,700.
The average annual spending of the average US household is $14,000.
I believe it’s a good investment and I’m very excited about it, said Chris Leppert, president of the Holiday Home Association of Canada.
The report said holiday-makers who spend more are more likely to enjoy the holiday.
I think it’s just a natural response, he said.
The holiday home industry is booming in the US.
In 2014, the average annual revenue of holiday-service businesses in the U.S. was $1.1 billion, up 8.2 percent from a year earlier, according to data from the National Association of Home Builders.
In Canada, there are more than 2,400 holiday-hotel and guesthouse services and more than 400 holiday-property businesses, according the association.