Americans plan more 'staycations'
The tourism business doesn't look so hot about now.
The Wall Street Journal ran a story on "staycations" accompanied by a picture of a family receiving a dumptruck load of beach sand, and San Francisco-based market research company Destination Analysts released a report today that said about 46% of travelers said they expect to reduce the number of liesure trips.
Whew.
Destination Analysts' survey polled 1,000 American leisure travelers. Those interviewed tagged their cutbacks to the overall economic climate. "General travel spending expectations are also depressed,
with 29.8% saying they will spend less for leisure in the next 12 months, a figure that has more than doubled from just six months prior," the report said.
In the past 12 months, nearly one-in-four, or 23.6%, said they have taken a staycation, or vacation spent at home, in response to gasoline prices, the survey reported.
"Affordability is certain to be top-of-mind," said Erin Francis, managing partner of Destination Analysts, in a statement.
