What recession? 66 percent plan to travel
regardless of their current financial situation
Increases in gas prices and a sluggish economy will not stop Americans from traveling over the upcoming Labor Day weekend, a recent survey has revealed.
According to AAA Travel, 66 percent of surveyed intended travelers said they would not let their pockets overrule their passion for travel.
Those (34 percent) who admitted their current finances would impact their travel plans said they would work around their budgets: 21 percent planning to cut costs in other areas while away (namely shopping and accommodation); nine percent reducing the number of days away; and four percent opting for a cheaper form of transport.
The desire for Americans to fight recession fatigue and take a break over the Labor Day weekend is an encouraging sign that Americans continue to prioritize travel, AAA Travel Services vice president Bill Sutherland said.
Travel is still within Americas discretionary spending budget, he remarked.
Labor Day travel is projected to reach a post-recession high, continuing an upward trend in holiday travel this year.
AAA Travel projects 33 million Americans plan to travel 50 miles or more over the Labor Day weekend, a 2.9 percent growth over last year, fuelled by improving consumer confidence and Americans unwavering desire to travel.
85 percent of these Americans will travel by car, 8 percent will fly, and the remaining seven percent will travel via cruise ship, rail or bus.
Source = e-Travel Blackboard: G.A