With the price of crude oil continuing to rise, travelers could alter vacation plans to control summer vacation costs and business travelers will travel less, according to a new survey by the U.S. Travel Association."If travelers are spending more on gas, they are spending less on hotels, attractions, shopping and restaurants, which could have a negative impact on our overall economy," said Roger Dow, president and CEO of the U.S. Travel Association. "We need to find solutions that reduce the burden which rising gas prices are placing on everyday travelers."
For vacationers planning to travel by car this summer, more than half (54 percent) said that an increase in gas prices would affect their summer leisure travel plans, and roughly one-quarter (26.8 percent) of business travelers said that an increase in gas prices would affect summer business plans.
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