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Getting by With a Little Help From Friends

By: PhoCusWright Connect

While economic recovery inches forward in the U.S., progress has taken a detour in the Eurozone – prompting some Europeans to make compromises when planning their leisure travel. According to an upcoming PhoCusWright Global and European Edition report, Destination Unknown: How U.S. and European Travelers Decide Where to Go 2012, although a larger share of U.S. travelers visited a destination of their choosing in 2012, discretionary travel declined among European travelers. "Though Europe continues to rank higher than the U.S. on many key travel metrics, year over year trending reveals that U.S. travelers are feeling relatively more confident than their European counterparts," said Carroll Rheem, PhoCusWright's senior director, research. "As many Europeans put their dream trips on the back burner, spare bedrooms and couches are hosting more visitors in 2012." The share of U.S. travelers who visited an independently selected vacation destination in 2012 increased by 2% to...

Date: September 20th, 2012 @ 03:00

Categories: Independent Travel, Travel Industry News

This post was originally posted by PhoCusWright Connect @ PhoCusWright's FYI.
> Read the original post here
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