April Travel Forecast Released by Visit CaliforniaWed May 15, 2013
Visit California released their April Travel Forecast, which calls for continued modest growth throughout 2013.
Returning room demand outpaced new supply in 2012 and this dynamic continued in early 2013. The higher occupancy rates are translating into increased pricing power for hoteliers, especially in San Jose, Sacramento, Oakland and Anaheim.
- Domestic overnight travel will continue to outperform the overall travel market out to 2016. Fuel prices in CA were 5.6% higher in 2012 versus a year earlier and likely restrained some Day travel.
Click here for a look at the complete California Travel & Tourism Outlook for April 2013 produced by Tourism Economics.