Wednesday, 2 January 2013

Weak economy hurts US outbound travel - expected to change this year!

In the US, the outbound market is expected to stabilize in 2013 after declining in 2012, IPK predicts. Consumers are clearly being influenced in their travel planning by the weak economy, high unemployment levels and uncertainty over the so-called ‘fiscal cliff’ which could bring a ‘multiple-whammy’ of higher taxes and lower public spending on January 1, 2013. 


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