It’s Official: Travel Industry Is Back

Travel companies are forecasting an increase in 2005

The travel industry has, at long last, recovered from the Sept. 11 terrorist attacks of 2001, according to the Travel Industry Association’s (TIA) annual Travel Business Status Survey. The report states that more than two-thirds of travel companies responding to the survey said their business is back to pre-Sept. 11 levels. Furthermore, at least 82 percent of travel companies are forecasting an increase in business in 2005. However, the shift in travel behaviors that emerged after the attacks such as increases in online requests for information, online bookings and last minute bookings remain largely unchanged, the TIA said.
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