Travel Exclusive: Key Trends for the Travel Industry July-August 2008

As you will read in High Fuel Costs Driving Down Domestic Travel Demand, the cost of tanking up has significantly dampened Canadians’ leisure-travel plans this summer. And it’s not just those catering to the “rubber-tire market” who are going to feel the impact. While air carriers have done well heading into the summer season—many summer air-travel tickets were purchased earlier in the season—the potential impact of airfare increases on travel demand could be a much greater concern for the fall and winter-travel outlook.