Americans Don't Plan on Travel Changes
May 20, 2008. A recent poll suggests gas prices aren't going to dissuade Americans from their luxury vacation rental rituals. Six in ten of those surveyed said they won't be changing their travel plans this year, according to a press release from the Travel Industry Association.
Of those who said they would change their plans, the overwhelming majority (38%) intended to simply stay closer to home to cut their gas expenses.
It's unclear how much the economic stimulus tax rebate will help. Only one in six said they intended to use their rebate check to help pay for travel.
The news fares well for an industry that relies heavily on the summer vacation season for a bulk of its profit. The poll also underscores how much Americans value their vacations. Even though consumer spending, housing and other sectors have slowed, the travel industry's health could buck the trend.
There are many destinations in the United States from which travelers can choose.
