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Thursday, March 21, 2013

Travel and Tourism Spending Increased in 2012 (by Newswire;Travel Agent Central))

Article link: http://www.travelagentcentral.com/trends-research/travel-and-tourism-spending-increased-2012-39638

Here's excerpt from the story:
For the year, real spending on travel and tourism increased 2.7 percent in 2012 after increasing 3.2 percent in 2011. By comparison, real GDP increased 2.2 percent in 2012 after increasing 1.8 percent in 2011.

The leading contributors to the increase in the fourth quarter were “traveler accommodations” and “food services and drinking places,” which increased 9.4 percent and 8.6 percent, respectively.

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