Tourism Industry News
Minnesota Summer Tourism Outlook: Travel Trends Could Add Up to a Positive Bottom Line for Tourism Businesses
In spite of the challenging economy,
Among the more than 350 lodging and camping businesses across the state responding to a recent poll by Explore Minnesota Tourism, the state tourism office, half expect business this summer to continue at normal levels, with 32 percent anticipating occupancy to match last summer and 21 percent expecting an increase in occupancy. On the other hand, just under half (48 percent) expect occupancy to drop from last summer, and even more, 51 percent, expect their revenues to decline as they lower rates to attract customers. Nationally, the U.S. Travel Association forecasts a 2 percent decline in leisure travel this summer.
Get the full story at: PRNewswire