Have you made any travel plans for the summer? If not, it is probably a good time to do so. As a matter of fact, it is now also a good time for business operators in the hospitality and tourism industry to revisit their existing summer plans and make adjustments if necessary. But first, let’s check what we can expect in this year’s summer travel. The Positive Positive growth can be expected due to the following reasons: · The unemployment rate continues to fall, with an estimation of going below 4 percent by the summer . Companies located in areas with low unemployment rates have already voluntarily increased the hourly wages and/or add more benefits to their staff members. The improving economy will encourage more people to travel. · The minimum wage is also on the rise. Many areas across the nation have set a schedule to raise the minimum wage (e.g., to $15 an hour by...
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