NEW YORK(AP)
The weak U.S. dollar has not dissuaded Americans from planning
trips abroad this year, but they may be heading to destinations
closer to home, according to a survey released Thursday by Visa
Inc.
Two in three respondents said they are as willing or more
willing to travel abroad than they were a year ago, and half said
they are likely to travel abroad in the next year. Of that half,
two-thirds said they are considering destinations closer to the
U.S. than they had in years past.
In mid-May, Visa surveyed 1,000 credit or debit card holders who
live in the United States and have traveled outside the U.S. in the
past three years. The phone survey, which was not limited to Visa
holders, had a margin of error of plus-or-minus three percentage
points.
Canada was the most popular international destination among
respondents, followed closely by Mexico. Great Britain, Italy,
France, the Bahamas and the U.S. Virgin Islands rounded out the top
destinations.
The rankings are similar to last year when, based on tourist
spending on U.S.-issued Visa cards instead of a survey, Visa found
that Canada was the top destination with $2.9 billion in spending,
followed by Mexico, where cardholders spent $1.7 billion.
"While travel close to home remains strong, what's
interesting are travel destinations like Western Europe and the
Caribbean are still popular," said Visa spokesman Paul
Wilke.
In the first quarter of 2008, U.S. Visa cardholders spent $3.4
billion visiting the top 25 tourist destinations abroad, compared
with more than $15 billion in all of 2007. Mexico was the top
first-quarter destination, followed by Canada, Great Britain,
Puerto Rico and Germany.
Among the 50 percent who said they plan to travel abroad within
a year, Visa said, one in five are planning a high-cost trip.
Among the other 50 percent, who said they are not planning
international travel, most cited high costs and the uncertain state
of the U.S. economy. Nearly half plan to travel in the U.S. this
year instead. Only 14 percent said terrorism was a reason for
staying in the U.S.
"If you had looked at this study three or four years ago, I
think terrorism would have been higher and the cost of travel would
have been lower (on the scale)," Wilke said.
Although most said they are booking through online travel
agencies, as well as hotel and airline Web sites, Wilke noted that
nearly 45 percent said they plan to use a traditional agent to book
their trip.
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