STAYCATION DEAD?

Takeaway: New Priceline survey indicates optimism on lodging and leisure industry.

This note was originally published August 15, 2013 at 10:47 in Gaming

Priceline.com's annual Summer Travel Survey showed that the number of Americans who are planning to take a "staycation" in 2013 - choosing to vacation near home - declined to 17%.  This was much lower than in the past five years when some surveys cited as high as 50% of Americans choosing to take a break close to their homes.  

STAYCATION DEAD? - staycation 

While Americans are aware of rising airfare, gasoline, and hotel rates, the survey said that some are saving some money on their vacation travels by driving nonstop to their destination and stretching their food budget.

We believe this is a positive trend for hotels, Las Vegas, cruiselines and online travel agencies.  Americans continue to be quite resilient on leisure spend.