There are some indications that various sectors are showing signs of growth, but it seems to be two-steps forward, one step backward -- or vice versa, depending upon whether the travel industry analysts see the gas tank as being "half-full" or "half-empty".
The following commentary is excerpted from an article by David Wilkening which appeared in the April 27, 2011 online issue of Travelmole. We have included here because clearly, the access to and cost of, fuel is an issue relevant to forecasting travel trends and the overall health of the travel industry. Wilkening's full article may be read on Travelmole under "News", at http://www.travelmole.com
With gas prices above $4 in some states, some North American travelers are cancelling vacations and re-thinking summer travel plans, but on the other hand, the cost of gas could spur the growth of local tourism.
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