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PhoCusWright: Travel biz to drop 11% in 2009

PhoCusWright: Travel biz to drop 11% in 2009 May 15th, 2009 at 2:00PM: Everything that came after 2006 sucked, right? If you feel this way, you'll love the latest study from travel research firm PhoCusWright, which estimates that the travel industry will fall back to pre-2006 levels this year. The U.S. travel market is forecasted to decline by 11 percent by the time the ball drops, reflecting a change in consumer demand levels. Frankly, people who are out of work ...

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