November 25, 2013 12:48 am
According to the latest PulteGroup Home Index Survey (PGHI ), 47 percent of Americans worry that their home is not properly suited to host family and friends for the holidays, and describe hosting as stressful or as an unfair financial burden.
When asked what would make hosting easier, 75 percent of survey respondents said more space in the main entertaining areas of the home would make it easier to entertain. The top three things that would make hosting the holidays easier:
• Bigger/more open living space for guests to visit/interact – 30 percent
• A larger kitchen to accommodate holiday meals and preparation – 25 percent
• Larger dining/eating area to accommodate bigger groups – 20 percent
"Families continue to emphasize the need for space when it comes to the gathering areas of the home - not just at holiday time, but for everyday entertaining and living," said Janice Jones, PulteGroup's national vice president of merchandising.
"When you feel cramped in the kitchen or family room, hosting for the holidays can be very stressful."
Meanwhile, 11 percent of males surveyed believe a better entertainment system would make hosting the holidays a lot more fun. Additionally, majority of Americans (51 percent) say the best part of the holiday season is spending time with friends and family, while 15 percent enjoy family holiday "traditions."
When asked what their preferred holiday plans are for this year, 46 percent actually plan to host holiday gatherings in their home, 39 percent plan to go to someone else's home for the holidays, and 15 percent prefer to just get away and not celebrate the holidays.
Before Americans ring in the New Year, they will, on average, spend nearly $350 hosting dinners, parties and holiday gatherings. However, the survey revealed that men and millennials will spend the most on hosting family and friends.
• Millennial males plan to spend an average of $473 on hosting dinners, parties and holiday gatherings at home.
• Millennials overall plan to spend an average of $418 on hosting.
• Fifty-seven percent of millennial males (ages 18-34) would prefer to host holiday gatherings rather than going to someone else's home.
"Millenials love to entertain and are not shy about spending money on hosting family and friends in their home," Jones said. "This is significant as we seek feedback to design new consumer-inspired floor plans to reflect how millennials live in their homes."
Source: PulteGroup Home Index Survey
Published with permission from RISMedia.