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Modest Growth In US Travel Projected In 2008, According To Travel Industry Association Forecast

Posted by Debbie in Business Travel News

The U.S. travel industry is expected to post moderate gains in nearly all sectors again in 2008, according to the annual Travel Industry Association (TIA) forecast. Travel spending by domestic and international visitors in 2008 is forecast to increase 5.2 percent, to $778.2 billion, up from projected full-year 2007 travel spending of $740 billion, which would be a 5.7 percent increase over 2006.

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