Americans Still Planning Trips Overseas

November 14, 2008 (Travelex.com) -- Although the recent setbacks in the world economy have impacted the travel industry, some reports show that Americans are still planning international travel. However, in this new economy controlling costs is a key trend for most travelers. Americans are planning the trip well in advance to shop for discounts and monitor currency fluctuations for the most favorable exchange rates.

They are using prepaid foreign currency travel cards. A recent industry study suggests that more and more travelers are turning to electronic forms of payment such as MasterCard-branded Cash Passports. They are using planning tools to estimate the cost of vacation basics such as the price of meals, drinks, accommodation, public transportation and attraction entrance fees in more than 50 popular destinations worldwide.

A recent Harris Poll shows that Italy has become the world's number one destination spot outside of the United States. Also popular are Great Britain, France and Ireland. This indicates that, while travel in some areas may be down, overseas trips are still very popular. Another survey by a leading travel company shows that those surveyed feel travel is important to their mental health and that they will continue to pursue personal interests when they travel despite the economy.

The Association of Corporate Travel Executives (ACTE) survey shows that the cost containment trend has even expanded into the business world as companies look for ways to control their travel spend. While travel for business is still required, companies are trying to clamp down on expenses. For more information, visit www.travelex.com.

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