What an odd year for California vacations! August has fizzled when it normally sizzles. Everyone we've spoken with in the industry and outside it say that this year will be the most depressing year seen in most people's lives, especially in the U.S. Shopping on what's normally busy Belmont Shore is like a ghost town on a warm August afternoon. The malls--how are these businesses lasting so long?
And yet in the restaurant business there's expansion amidst the depression. People are out eating. Some high-end restaurants aren't making it and even some budget spots.
The difference I am seeing most is that people who would normally go to Europe and enjoy international travel are staying closer to home. And those who normally do drive trips, are staying more often with relatives, or shortening their vacations--and booking last minute.
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