Saturday

TRAVEL: Higher Gas Prices See Americans Take the Roads Less Traveled.


This isn't rocket science because if it were, we'd be talking rocket fuel. But a recent survey of 5,000 American households reveals that gas prices are impacting travel. Almost two-thirds of those queried state they'll now stay closer to home because of higher costs. In addition, another 25% report that they've postponed or shortened their vacations this year. Common sense, you might ask? Certainly. But the reality and takeaway for hospitality, tourism and attractions marketers is: alter your marketing plans now to account for this new trend; focus more on local and regional feeder markets; and brainstorm innovative promotions and incentives to overcome consumer perceptions of and objections to higher travel costs.

SOURCE: TravelMole, NOISE

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