One in five adults plans to travel less or not at all this summer because of economic concerns or record-high fuel prices, according to an industry survey released Thursday. But the report still predicted a slight increase in overall travel as nearly 30 million Americans are expected to take more trips than they did last summer.
The annual survey by the Travel Industry Association of America shows increasing concern among consumers over gas prices, particularly travelers on the West Coast. In all, 6 percent -- or 8.7 million adults -- are planning to cut out vacation travel altogether this summer.
When gas prices crept up to $1.50 per gallon about this time last year, the same industry survey showed about 2 million adults forgoing summer travel.
"It's a big increase, and we expect it will keep going up as long as the gas prices do," said Toni Horst, senior economist for Economy.com.
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