Travel industry scrambles to cope as Americans spend less
2009-02-23
The sinking U.S. economy is forcing many Americans to cut back on or give up a hallowed tradition: the family vacation.
A USA TODAY/Gallup Poll finds that 58% of people who normally take an annual vacation away from home will shrink their vacation spending this year -- or just not go.
The travel industry sees the storm coming and is hustling to respond. For April, spring break time, airlines have scheduled 8.5% fewer seats than last April on domestic and international flights from the USA, according to OAG-Official Airline Guide. They've scheduled 8.4% fewer seats for June.
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Source - USATODAY
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