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Vacation spending to increase in 2012

Wednesday, July 11, 2012

Vacation spending to increase in 2012

According to a recent report, 70 percent of travelers surveyed around the world said they plan to spend the same or more for vacation travel in 2012 when compared with 2011, the Los Angeles Times reported.

The recent report observed increases in business travel spending could be related to the trend of spending more on vacation. Business travel spending could be an indicator of the state of the economy, with an increase pointing towards a recovery. With business travelers having a little extra money in their pocket from racking up all those hours across the world, they could now be traveling for a different reason, moving out of their corporate suites and on to the sunny beaches.

The report additionally revealed that countries which experience a rapidly recovering economy have a higher number of travelers that reported intentions to spend more for vacation travel. One example can be seen in China, which showed 58 percent of travelers surveyed reported greater levels of future vacation spending.

On the other side of things, The Sacramento Press published a recent article providing tips for those looking to plan a vacation this year without having to spend a great deal. The article gave useful insight into the application of online search engines when planning travel. One tip that could prove useful for vacation travelers and business travelers alike is to be as specific as possible when searching a destination area. Contrarily, when searching for information about activities in a destination area, it is best to be more general in keyword usage.