Interesting post that came in through one of my LinkedIn groups. Not the most statistically sound study, I am sure (agh! My days at MaPS won't stop haunting me!) but it is interesting nonetheless.
http://tinyurl.com/cmq7xy
According to Peter Yesawich, chief executive officer of Ypartnership, "Although affluent travelers have also been adversely affected by the financial turmoil that has emerged in recent months, particularly as it relates to the degradation of the value of their investment portfolios, they remain rather optimistic about their intentions for both leisure and business travel."
Yesawich concluded, "While affluent travelers intend to spend more on travel services in the year ahead, other insights revealed in the survey suggest they will still demand far more for their travel dollar."
Side note: affluent is described as an annual income of $150K or more, which isn't actually that much money. (OK, it's a hell of a lot more than what I make, but these are not the Trumps we're talking about....)
What do you think? Are you cutting back on your travels -- or are you still enjoying lavish voyages? I am cutting back. I may have spent a month in Argentina, but the $1 US = $3.5 Pesos made that possible. And as for my trip to Alaska in July -- I spent most nights camping or crashing on Gloria's floors. (HI GLORIA!) But I'm not technically affluent, so I don't really count anyways.
I do, however, get the very affluent Travel and Leisure magazine, courtesy of my lil' bro. Too bad I can't afford anything in the mag other than the mag itself.....
I'll win the lottery one day, right?
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