As the summer travel season winds down, we noticed an increased trend of "Staycations" among our friends and family. (Truth be told, we hate the word!) At the beginning of the month, the New York Times ran a piece on the growing number of families who indeed, decided to vacation close to home. In On Vacation, Close to Home, Jan Ellen Spiegel writes:
’Staycation’ is the refrain this summer, as economic conditions appear to be keeping more people close to home. While some resorts and seasonal businesses could benefit from consumers' choosing to forgo long-distance travel, for many people in the region, summer travel decisions involve more subtle choices than simply whether to stay home or go away. Because people are shaving costs in many ways, some business owners are worried about whether the all-important summer numbers will work in their favor, especially as they head into August, traditionally the busiest summer travel month.Interviews with business owners, hotel managers and rental agents confirm that people who were traveling were choosing to remain closer to home, and staying away for shorter amounts of time. What about you? To read the complete article, visit the New York Times' Web site.