NTA eyes adverse impacts of sequestration on travel
Across-the-board sequestration cuts for an array of federal government functions are commencing to take a toll on travel to and throughout the U.s.a.. And meaning trouble for tourism, an NTA leader warns. “NTA is rather concerned that cutbacks in funding may have negative impacts on visitation, jobs, the U.S. economy and the balance of trade,” said Lisa Simon, president of NTA. “Tourism is an investment that produces jobs and revenue that support the remainder of the U.S. economy, and these cuts may cause serious ripple effects.” Simon added that the sequester cuts come at a foul time. In a contemporary survey, NTA members reported a rebound in 2012 business following a protracted economic slowdown, and the vast majority of all members projected an excellent brighter 2013—tour operators (59 percent), suppliers...
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