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Rising gas prices affect travel plans
If US gas prices reach $3.50 a gallon, more than half of Americans recently polled said they would change travel plans.
Almost half of those thinking of a change would drive a shorter distance, while another half said they would save money on other aspects of their vacation.
Another 15% said they would fly instead of drive.
Those were the results of a survey by Robinson, Pepperdine, Brown & Russell.
Peter Yesawich, chairman and CEO of the marketing services firm, said the survey results represented “good news for the domestic travel industry.”
“Specifically, although people are likely to change some aspect of their travel plans if the cost of gas continues to rise, very few are likely to actually cancel a trip,” he said.
Report by David Wilkening
David
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