1984 Travel Outlook
Forecasts of Rising U.S. Vacation Travel
National tourism week begins May 27, and this year the travel industry is cautiously optimistic that it will have something to celebrate. During the 1981–82 recession, travel and tourism businesses fared better than many parts of the economy, but certain segments of the industry—notably hotels, motels, amusement parks and airlines—were hard hit. The industry as a whole rebounded in 1983, and is predicting that 1984 will be a good year for tourism in the United States.
Two special events should give a boost to the industry this year. More than 11 million people are expected to attend the 1984 Louisiana World Exposition, pumping an estimated $2.4 billion into New Orleans' economy during the fair's five-month run, which begins ...