Also keep in mind that anyone spending money, including boomers, is helping the economy. It would be worse if they weren’t spending it.

Well, the whole point of interest rate rises is to reduce spending, with the aim of reducing inflation. So more spending isn’t a good thing.

That said, I’m guessing that spending on international travel is probably less inflationary than other things it could be spent on (e.g. domestic travel, hospitality).