A high interest in leisure travel and a solid return to business travel bodes well for this fall travel season, making it one of the strongest in years…
A high interest in leisure travel and a solid return to business travel bodes well for this fall travel season, making it one of the strongest in years. According to the Fall 2004 forecast from the Travel Industry Association of America (TIA), Americans will take 278 million person-trips during September, October and November 2004, an increase of 3.1 percent over last fall. A person-trip is one person on one trip traveling 50 miles or more from home, one way.
Consumers` pent-up demand and corporate America`s healthier bottom line are merging to create a ripe environment for the travel market, remarked Dr. Suzanne Cook, senior vice president of research for the Travel Industry Association of America.
Leisure travelers will be out in full force this fall as they take advantage of long weekends, fewer crowds at parks and attractions and a wide array of travel bargains. Americans plan on taking 224.8 million leisure person-trips in fall 2004, up 2.6 percent from last fall.
As continuing evidence that business travel is firmly on the road to recovery, TIA is forecasting that Americans will take 43.2 million business person-trips this fall, a solid 3.4 percent increase over last fall. However, this volume is still well below the high seen in fall 2000.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
