AAA says the slight decline in travel is the lowest since 2002. AAA chief executive Robert Darbinet said, "Without question, the economic downturn of 2008 eroded the discretionary income many American would have spent on travel and, for some, altered their travel plans throughout the year."
Airfare, car rentals, and hotels are all expected to see price increase for the New Year. As if the economy wasn't bad enough, price increases are certainly not what we need.
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Sunday, December 21, 2008
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