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USTOA: package prices rising
Wednesday, 16 Oct, 2003
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A majority of United States Tour Operators Association members expect slight increases in tour and vacation package prices for the coming year.
In total 53% predicted price increases of up to 10%.
A trend in that survey was that 86% of USTOA members thought travelers are now more prone to book vacations closer to departure.
And 77% predicted escorted tour bookings would increase in the coming year.
USTOA members cited convenience and price as the top reasons why travelers book escorted tours.
The survey involved 30 USTOA members representing 70 different brand names.
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