Is Travel Biz Still Recovering?

Thursday 02nd, September 2010 / 10:20 Published by

After seeing signs of improvement in the travel industry at the start of the year, conditions are beginning to get a bit murky.

It’s too soon to tell whether the weakening demand was the result of travelers opting to take advantage of a stronger U.S. dollar and travel to Europe, or if it is a reflection of a more cautious consumer.

John Scott, president and CEO of Rosewood Hotels & Resorts told MSNBC that travelers – even affluent travelers with higher incomes – remain very focused on value.

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