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Predictions On Future Resort Development

Written by: Jeff Coy and Bill Haralson | View Author Bio

June 2006: Here is our forecast on the future of resort development. 1. Americans traveling abroad will start to increase.  For three straight years since 2000, Americans traveling internationally has declined.  However, outbound travel was up 15% during the first nine months of 2004.  The Iraq War, US foreign policy, terrorist threats, currency exchange rates and our actions in the world will increasingly place the spotlight on Americans traveling abroad.  Those Americans wanting to avoid criticism, intimidation,fear of danger or even loss of life will choose to avoid certain countries or stay home altogether.  More Americans will Visit USA and…

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