Economic Snapshot: Where Are We Vacationing?
Our unscientific poll.
With June rapidly approaching, summer vacation season is about to kick into high gear. If the stocks of resort and leisure companies, from Marriott (MAR) to Carnival Cruise (CCL) to Starwood Hotels (HOT), are any indication, we may be spending less than usual this summer.
Look, if it's not gas at $4 a gallon keeping us closer to home, it's the pitiful U.S. dollar versus the euro, pound and yen. Paris, London, Tokyo? Forget it. We're spending our rapidly dwindling vacation savings elsewhere. Below, Minyanville takes a look at where we're planning on vacationing this year with our Economic Snapshot:
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