Leisure travel remains stable as business travel declines
PORTLAND, Ore. — The Travel Industry Association (TIA) today released its annual travel forecast indicating that an uncertain economic climate is leading American and global travelers to change their behaviors. Although leisure travel is stable, business travel is projected to decline and the United States is likely to be hit hard by a further decline in international arrivals.
"Consumers are responding as we might expect during an economic slowdown," said Dr. Suzanne Cook, senior vice president of research for the Travel Industry Association. "But travel should




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