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Slow growth predicted for US summer travel

Monday, 22 May 20063 min read

Summer leisure travel in the US will be essentially flat, predicted The Travel Industry Association of America (TIA).

The forecast was for less than 1% of growth.

“I am concerned about a number of economic indicators with gasoline prices and the pocket-book impact they’re having leading the way,” said Dr. Suzanne Cook, senior vice president for research for TIA.

Other study highlights:

  • There should be a reversal of last summer’s travel pattern: gas prices should cause weaker demand early this summer but demand will grow later as travelers get used to the higher prices.

  • Air travel and hotel demand will rise even as rates and fares go up.

  • Forty percent of Americans plan to take children or grandchildren on their longest trip.

  • The top three activities this summer are visiting friends and relatives (55%), going to the beach or a lake (38%), and visiting small towns or rural areas (27%).

  • Five percent of summer travelers plan to use an RV, while 6% will go to either an all-inclusive resort of take a cruise.

Report by David Wilkening