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Industry Trends
  • Posted by Michael Pinchera at
    12:00AM 01/31/2011 0 Comments

    Business Up, Leisure Down

    Diverse disasters may have impacted the leisure side of travel to Louisiana, but business travel is set to soar, the Times-Picayune recently reported.

    The expected continuing decline in the leisure market is expected to be softened significantly with a serious investment in securing business travel.

    "The net impact of the financial loss to the state from the oil spill through 2013 will be about $295 million."

    Yet, business travel to the state is expected to grow by $395 million in that same time frame.