Travel Guard Reports Segments Still Traveling Strong.
November 14, 2008 (Travelguard.com) -- Travel Guard reports that despite economic uncertainties, segments of American consumers are still planning and booking travel -- in some cases for trips as far in advance as five months.
Travel Guard data suggests the "empty nester" and Baby Boomer segments of the population may be sacrificing other purchases, but are not willing to give up their "right to travel." Travel Guard reports the average cost of trips covered through the company's plans in September and October of 2008 dipped only slightly compared with the same period in 2007 -- from $2,057 to $2,009.
While many media reports conclude that Americans are staying closer to home, this is not the case for Travel Guard clients. The number of clients traveling outside of the United States has dipped only slightly, from 79.5 percent in 2007 to 78.7 percent in 2008. For more information, visit www.travelguard.com.
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