Travel spending in US plummets

24 March 2009

Americans and foreign visitors have cut US travel spending to the lowest level since the terrorist attacks of 2001, despite huge discounts being offered on air fares, hotel rates, theme park admissions, new government and industry statistics show. The US Department of Commerce reported travel and tourism spending dropped in 2008, and plummeted at an annual rate of 22% in the last three months of this year.

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