The Refinishing Touch Blog

Gas prices and airline tickets are increasing, making Americans reluctant to travel. Hospitality Trends reports that hotel occupancy in the US is down 4.8% from last year and the revenue available per room is down 2.4% as well. Family vacations this summer have been shortened and skipped, due to the state of the economy.

There are over 300,000 hotels in the United States, the hospitality industry employs millions of Americans, whose jobs and futures could be in jeopardy, depending on the future of tourism. The hospitality industry has been one of The Refinishing Touch's main markets for over 30 years; we have many friends in the industry so we are understandably concerned for the future state of tourism.

Just last week Bill Marriott blogged some important thoughts and opinions about rising gas prices and the economy and how it relates to the tourism industry. He has a great call to action for our government; hopefully this inspires some of the change we need.

Has the slowed economy changed your summer travel plans?

Labels: Hospitality