ST. LOUIS, MO – New economic realities are affecting every aspect of the American way of life, and both recreational and business travel are not exceptions.
ST. LOUIS, MO – New economic realities are affecting every aspect of the American way of life, and both recreational and business travel are not exceptions. Recently, Maritz Research Hospitality Group conducted a poll to see how current economic circumstances are impacting people’s travel intentions for the first part of 2009. The results show that Americans are ready to cut back on travel and entertainment costs during the first few months of 2009.
According to the poll, 41 percent of Americans are planning to cut back on personal entertainment costs, such as movies, theater, and sporting events. In addition, 34 percent plan to cut back on the number of times they dine out, and 20 percent plan to downgrade the class of restaurants at which they dine out.