Decline In Travel Costs Coachella Valley $30 Million

Like Las Vegas, the area around Palm Springs, California is another location that has felt the bite of the drop in tourism. The Desert Sun reports that the Coachella Valley has lost nearly $30 million in convention and meetings travel in the last seven months. A survey of f local meeting hotels conducted by the Palm Springs Desert Resort Communities Convention and Visitors Authority revealed that canceled meetings added up to a total loss of 51,000 room nights in hotels in the area.

The event was part of Tuesday's Travel Rally Day, a nationwide event meant to raise attention for the beleaguered travel industry. Like private jets, corporate travel has taken a huge hit partially because of the economy and partially because of the media focus on the excesses of big business.