For many millennials, a summer vacation abroad may be a luxury, but this hot spot could still be quite the steal for young travelers.
That destination is Mexico, which scored the top ranking over dream locales like France and Italy on most millennials' wish list, according to travel site Virtuoso — specifically, the Riviera Maya located on Mexico's Yucatan Peninsula.
"We know that millennials prefer to be physically active during their vacations and look for destinations that offer a more authentic experience," said Misty Ewing Belles, managing director of global public relations at Virtuoso. "The Riviera Maya does just that."
With everything from cliff diving, zip lining, ancient ruins and sunny beaches, Mexico is a popular destination during winter, but for cash-strapped students or those just starting out, summer is the best time to score a deal.
Americans are expected to spend an average of $941 on summer getaways per person, according to an American Express survey. Despite busy lifestyles and attempts to save, a whopping 89 percent of millennials plan to travel this summer, the survey found, more than any other group.
"Traveling during the low-season [July-October] will save a bundle," Belles said, based on Viruoso's bookings. "Hotel average daily rates are up to 46 percent less than peak season [November-March]."
So pack your bags, here's how to hit Mexico on a budget:
"A good old fashioned strategy is save per [pay]check a certain amount towards travel and use that as your vacation budget," said certified financial planner Kevin Meehan of Wealth Enhancement Group. "Don't borrow any money to travel on credit."